Only 2.8% of Moroccan households are still able to save

For a large share of families, incomes barely cover expenses. In the third quarter of 2026, 58.2% of Moroccan households said they were able to pay their bills with what they earn. For 39%, borrowing or drawing on savings already accumulated is necessary. At the other end of the scale, only 2.8% manage to save part of their income, according to the latest survey by the High Commission for Planning (HCP).

On Bladi.net : Morocco consumer crisis: luxury purchases plummet amid inflation

The situation has barely improved. In the first quarter, 37.5% of households already said they had to borrow or use their savings. Six months later, that share had risen to 39%. Those managing to balance their budgets remain in the majority, but the ability to build up savings remains extremely limited.

The picture is even bleaker when families are asked about the future. No fewer than 92.5% of households do not think they will be able to save over the next twelve months. Only 7.5% expect to manage it. This pessimism has intensified since the previous quarter, when it already affected a very large majority of households.

Household finances struggling to recover

The financial outlook is hardly more encouraging. Over the coming year, 65.1% of households expect their situation to remain unchanged. Those who fear it will worsen (18.4%) now outnumber those who hope it will improve (16.5%).

On Bladi.net : Morocco economy growth investment household consumption 2025

This caution is also reflected in purchasing intentions. Nearly two in three households (63.8%) believe the current period is not a good time to buy durable goods, such as household appliances or vehicles. By contrast, only 14.5% consider it a good time to make these major purchases.

The picture over the past twelve months is just as revealing. According to the HCP, 44.9% of households believe their financial situation deteriorated during this period. Only 4.7% say they saw an improvement.