The agricultural sector is often adversely affected drought. A rapidly growing population has offset economic growth. There is a surplus of unskilled labour. The agricultural sector accounts for less than one fifth of the GDP and yet employs two fifths of the work force.
Morocco is currently the world's largest exporter.
The Phosphate industry is government controlled. There are strict guidelines for forming a company as part of investing in Morocco. A negative certificate detailing the proposed company's business is required. The certificate will have to indicate the company's duration, head office, amount of capital and method by which shares are distributed to associates. Investment financing is available at discounted interest rates.