122 billion dirhams from Moroccans Residing Abroad (MRE) and 138 billion dirhams from tourism: the double achievement…

The Moroccan economy continues to benefit from the massive support of its diaspora. MRE transfers recorded an increase of 2.6% in 2025 compared to 118.9 billion dirhams in the previous year. This financial windfall remains a fundamental pillar of the balance of payments, testifying to the resilience of the link between Moroccans around the world and their country of origin.

The Office of Exchange also highlights a robust dynamic in the services sector. The surplus of the services balance has increased by 14.2%, reaching more than 159.66 billion dirhams. This vitality is driven by a growth in service exports (+11.9%, or 315.03 billion dirhams) that outpaces that of imports (+9.7%, or 155.37 billion dirhams).

The travel sector is displaying record indicators at the end of 2025, with a surplus balance up by 23.5%, exceeding the threshold of 105.12 billion dirhams. This performance is based on two key factors:

• Tourism receipts: They have reached an unprecedented level of 138.1 billion dirhams, an increase of 20.6% year-on-year.

• Travel expenses: Although up by 12.3%, they remain limited to 32.98 billion dirhams, allowing for a comfortable margin.