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Is Morocco a rich or Poor country?

Despite Morocco's status as a middle-income country, living standards are low by international standards and have declined since the early 1990s, especially in terms of educational and medical social services.



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Morocco is home to four billionaires, 28 centi-millionaires, and 5,800 millionaires. Wealth Report: Morocco Among 'Big 5' Wealth Markets in Africa By Mariya Sahnouni - Mar. 29, 2023 12:47 p.m.

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The three leading exports are agricultural produce (citrus fruits and market vegetables), semiprocessed goods and consumer goods (including textiles), and phosphates and phosphate products. Major imports are semimanufactures and industrial equipment, crude oil, and food commodities.

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Social Life Although Moroccan society is very conservative and religious, it is one of the more moderate and peaceful countries in the region. Its ongoing program of social, economic and political reforms makes it an attractive choice for many expats.

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Morocco ranks 100 out of 109 countries covered in the report, falling behind all other Arab countries. By Jihane Rahhou - Mar. 20, 2023 6:51 p.m.

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H&P data suggests that the number of super-wealthy individuals residing in Marrakech grew by 55% between 2012 and 2022. The Moroccan city is now home to 900 millionaires, 8 centi-millionaires (individuals with a network of $100 million), and two billionaires.

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In the world, the poorest countries are mostly located in Africa and Asia, with Burundi being the poorest country followed by Somalia, Mozambique, Central African Republic, and Madagascar.

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Ukraine is the poorest country in Europe, with a GNI per capita of $3,540, while Moldova is the second poorest country with $4,570, Albania the third, with $5.210, the Republic of Macedonia comes fourth, with a GNI of $5,720, and Bosnia and Herzegovina the fifth poorest, with $6,090.

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Public displays of affection While you may often see people of the same sex hugging and holding hands in Morocco, this is only a sign of friendship. Public displays of affection between opposite sexes such as kissing are not allowed, while homosexuality is illegal in Morocco.

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Morocco allows the consumption of alcohol. Alcohol must be purchased and consumed in licensed hotels, bars, and tourist areas. You can also buy alcohol in most major supermarkets. The alcohol section is usually in a separate room from the main supermarket.

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