The Moroccan economy is projected to grow by 4.2% in 2025, driven primarily by strong domestic demand, according to the High Commission for Planning (HCP). While slightly lower than the estimated 4.9% growth in 2024, this forecast reflects the continued resilience and dynamism of the Moroccan economy.
Household consumption remains a key driver, with an expected growth of 3% in 2025, supported by factors such as controlled inflation, salary increases, and remittances from Moroccans living abroad. Social assistance programs also contribute to strengthening the purchasing power of vulnerable households.
Government consumption is also expected to contribute significantly to economic growth, increasing by 4.1% in 2025. This sustained government spending supports infrastructure development, investment in social programs, and overall economic activity.
Gross investment is another crucial pillar of Morocco’s economic growth. Following a strong recovery in 2023, investment is projected to grow by 6.7% in 2025, driven by large-scale infrastructure projects, government incentives, preparations for major international events, and a steady inflow of foreign direct investment.
The HCP report emphasizes the positive interplay between consumption and investment, which are driving Morocco’s economic trajectory. While global economic uncertainties persist, the country’s strong domestic demand and strategic investments position it for continued economic growth and development.
MK/Sf/te/fss/abj/APA