Site last updated: 6 November 2026Latest complete climate month: October 2026
1991Each stripe is one year: mean temperature anomaly (national) relative to 1991–2020 (blue cooler, red warmer). Source: Open-Meteo (ERA5), Observatory calculations.2025
Climate risk index?Annual composite index (temperature, rainfall, CO₂ emissions) built by principal component analysis, on a 0–100 scale relative to 1998–2025.
Exceptional
100.0
2025 · 0–100Source: Observatory calculations
Financial stress index?Annual composite index (banks, stock market, public finances, external sector). Higher values mean more stress on the financial system. 0–100 scale relative to 1998–2025.
Normal
50.0
2025 · 0–100Source: Observatory calculations
Temperature anomaly (ref. 1991–2020)?Difference between the observed mean temperature and the 1991–2020 average for the same month. A positive value means a warmer-than-normal month.
+1.2 °C
October 2026Source: Open-Meteo (ERA5)
SPEI-3 drought (national average)?Standardised drought index: compares the balance between rainfall and evapotranspiration with what is normal for the same period. Below −1 moderate, below −1.5 severe, below −2 extreme drought. The number 3 or 12 is the number of months accumulated.
Report · 2026Economic brief: climate, economy and financial stability in Morocco (October 2026)ReadPDF
Peer-reviewed article · 2026Climate risk and financial stability research: a computational bibliometric analysis of thematic framing (2010–2025)Read the article
Report · 2026Le dirham sous pression : flottement ou simple ajustement ?The dirham under pressure: floating or a mere adjustment?in FrenchReadPDF