00:00Ladies and gentlemen, hello and welcome to this new edition around economic news in Morocco.
00:14The standard of living has improved between 2014 and 2022, with a sharp increase between 2014 and 2019,
00:23and a decline between 2019 and 2022, a period marked by the COVID-19 pandemic.
00:29This is what emerges from the national survey on the level of life of households published by the Haut Commissariat au Plomb.
00:36Between 2014 and 2022, the average annual expenditure per household went from 76,317 to 83,713 dirhams on a national scale,
00:48corresponding to 95,386 dirhams in urban areas and 56,769 dirhams in rural areas.
00:57According to the same source, the survey indicates a progression in the level of life among the 20% of the least wealthy, but also among the 20% of the richest.
01:06Another important observation, the middle class has not been able to benefit as much from the fruits of growth or redistribution policies.
01:17We still remain with the data from the national survey conducted between March 2022 and March 2023 for nearly 18,000 households.
01:26The average annual income of Moroccan households has improved in recent years.
01:31It rises to 89,170 dirhams per year at the national level,
01:36an average income of 103,520 dirhams in urban areas and 56,047 dirhams in rural areas.
01:45Per person, the average annual income is 21,949 dirhams in 2022.
01:51It is twice as high in urban areas as in rural areas.
01:55However, the survey shows a great disparity.
01:58Indeed, more than 7 households out of 10 have an average annual income of less than average,
02:03with disparities between the urban environment and the rural environment.
02:10And then, the rate of absolute poverty globally declined between 2014 and 2022 in Morocco,
02:15going from 4.8% to 3.9% after reaching a rate of 1.7% in 2019.
02:24This reduction concerns the rural environment with a drop in poverty,
02:29going from 9.5% in 2014 to 6.9% in 2022.
02:34However, in urban areas, poverty recorded a slight rise from 1.6% in 2014 to 2.2% in 2022.
02:43In total, the effective population of the poor at the national level is 1.42 million in 2022.
02:50The five regions have a poverty rate higher than the national average, estimated at 3.9%.