The Moroccan economy is projected to grow steadily at 3.8% in both 2025 and 2026, according to the latest economic outlook released by the Organisation for Economic Co-operation and Development (OECD). The forecast reflects a positive shift in weather conditions, which are expected to ease the impact of the drought that disrupted the agricultural sector in 2023 and 2024.
The OECD highlights that Morocco’s growth will be driven by resilient domestic demand, strong industrial performance, and a booming tourism sector. In the first quarter of 2025 alone, Morocco welcomed a record 4 million tourists, signaling continued recovery and expansion in the sector.
Inflation is expected to stabilize around 2% by 2026, following a modest increase in 2025. While government spending remains high, reforms in taxation and subsidies have helped contain the fiscal deficit. The OECD recommends further efforts to reduce the deficit to create more fiscal space for investment and development.
Morocco’s export-driven economy has shown resilience despite challenges in agriculture. Foreign direct investment remains strong, boosted by incentives such as the new investment charter, which continues to attract capital to key sectors like textiles, food processing, and aeronautics.
The automotive industry is also set for continued expansion, and the tourism sector is expected to reach new highs in visitor numbers over the coming years. With robust domestic and foreign investment, Morocco is well-positioned for sustained economic momentum through 2026.
