Morocco Economic Growth 2025: Agriculture Drives 4.9% Expansion

National activity owes its salvation to the fields. After a period marked by sharp contraction, agriculture is recording an exceptional jump of 8.2%. This performance propels the entire primary sector, despite the drastic 13% decline suffered by fishing. Direct consequence of this rural improvement: the overall Gross Domestic Product (GDP) accelerates to exceed the 4.4% recorded in the previous fiscal year.

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

This vitality masks the exhaustion of the rest of the economy, whose growth is capped at 3.9%. Industry and construction are seeing their pace slow down. The tertiary sector is also braking its course, standing at 4.3%. Transport, accommodation, catering, and financial and IT services are moving at a slower pace compared to 2024.

In this contrasting climate, domestic demand is losing momentum. Household final consumption is braking sharply, with growth limited to 1.2%, while the general price level appreciated by 1.6%. Conversely, overall investment effort is accelerating, climbing 16.3%, according to the High Commission for Planning in its analysis of national accounts.

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

At the international level, external trade continues to penalize the overall balance, although its adverse impact is easing. Imports are jumping 9%, surpassing the increase in exports. Ultimately, the savings generated are insufficient to cover investment levels. The economy’s financing need is deteriorating logically, rising from 1.2% to 2.5% of GDP in just one year.