Oil prices impact Morocco's growth, inflation, and trade balance significantly.
Oil prices and certain economic factors like inflation, trade balance, and interest rates can affect the economic growth of Morocco. In the long run, oil prices and interest rates have a significant impact on economic growth, while inflation and trade balance affect growth in the short term. Exchange rates, however, do not seem to have a significant effect. This suggests that managing oil prices and interest rates could be important for Morocco's economic growth.