Economy: Morocco in the Global Top 60 in 15 Years (and will weigh 400 billion dollars)

The projections are ambitious. Currently estimated at $178 billion, the country’s economic weight should experience a spectacular leap of 76%. A growth trajectory that would firmly establish Morocco among the 60 largest economic powers on the planet.

The signs are already green. With an estimated real growth of 3.8% in 2024 and government forecasts targeting 4.5% for 2026, the Kingdom is demonstrating remarkable resilience. The automotive industry, aeronautics, and services are driving the locomotive, gradually reducing dependence on the vagaries of rainfall.

This wealth creation should benefit Moroccans. The British firm anticipates a clear improvement in the standard of living, with GDP per capita rising to around $9,095 by 2040, supported by the expansion of the middle class.

Climate and social challenges to be met

While the road to prosperity is mapped out, it is not without obstacles. The report points to Morocco’s persistent vulnerability to climate change, a direct threat to agriculture and the budget balance.

Another black spot remains the labor market. Unemployment, particularly among young graduates, remains a major structural challenge. The success of this optimistic scenario will depend on the country’s ability to include this youth in the economic dynamic.

To turn the tide, Morocco will have to maintain the course of investments and reforms. It is at this price that these flattering projections will become a tangible reality for the national economy.