Economic growth

Morocco’s Economy Surges: 4.1% Growth in Q4 2023, Agriculture and Industry Lead Expansion

2 April 2024

Morocco recorded economic growth of 4.1% in the fourth quarter of 2023, compared to 0.7% during the same period in 2022, reveals the High Commission for Planning (HCP).

Fitch Affirms Morocco’s ’BB+’ Rating, Citing Economic Resilience and Challenges

23 October 2023

Fitch Ratings, the American rating agency, has confirmed Morocco’s long-term foreign currency issuer default rating (IDR) at ’BB+’ with a stable outlook.

Morocco Strengthens Western Economic Ties as King Hosts World Bank and IMF Leaders

18 October 2023

While some leaders of the South have preferred to integrate the BRICS (Brazil, Russia, India, China, South Africa), Mohammed VI, for his part, has chosen to strengthen his ties (…)

Morocco’s Economic Rise: King Mohammed VI’s Vision Drives African Investment and Trade

16 October 2023

Morocco has experienced fairly sustained economic growth since 2000, after the accession to the throne of King Mohammed VI. The kingdom is taking measures to attract foreign (…)

Morocco’s Economy Set to Soar with 2030 World Cup, Experts Predict 3-5% GDP Boost

10 October 2023

The organization of the 2030 World Cup by Morocco, Portugal and Spain will certainly have a significant impact on Morocco’s Gross Domestic Product (GDP), which could be between (…)

Morocco Earthquake Threatens Economic Growth as Nation Faces Recovery Challenges

11 September 2023

The powerful earthquake that hit Morocco on the night of Friday, September 8 not only caused human and material damage. It is severely affecting the economy of the kingdom, (…)

Morocco’s Economy Set to Grow 3.6% in 2024, Boosted by Agriculture and Global Demand

13 July 2023

Morocco’s Gross Domestic Product (GDP) should record growth of 3.6% in 2024, taking into account a 4.1% evolution of taxes and net product subsidies.

Morocco’s Economy Gains Momentum: 3.4% Growth Expected in Q3, Boosted by Agriculture

7 July 2023

Morocco expects a slight acceleration of its economy this quarter, with growth forecast at 3.4%, compared to 3.2% in the previous quarter, according to forecasts from the High (…)

World Bank Projects 2.5% Growth for Morocco’s Economy in 2023

7 June 2023

The Moroccan economy is expected to grow by 2.5% this year before recording 3.3% in 2024, according to the latest figures published by the World Bank. These figures are mainly (…)

Morocco’s Economy Set to Grow 3.2%, Outpacing North African Neighbors

8 May 2023

After "a painful recession in the agricultural sector due to a historic drought," Morocco should have economic growth of 3.2% this year, compared to +1.3% last year, and (…)