The African Development Bank (AfDB) has released its 'African Economic Outlook 2026' report, projecting a slowdown in Morocco's economic growth. According to the report, Morocco's GDP growth is expected to reach 4.2% in 2026, down from an estimated 4.7% in 2025.
The slowdown is attributed to ongoing tensions in the Middle East, which have impacted global economic conditions and trade. The AfDB report highlights that Morocco, like many African nations, faces headwinds from geopolitical instability and fluctuating commodity prices.
Despite the deceleration, Morocco's economy remains relatively resilient, with growth supported by agricultural recovery, structural reforms, and increased investment in key sectors. The AfDB emphasizes the need for continued diversification to mitigate external shocks.
The report also notes that Morocco's inflation is expected to moderate, providing some relief to households and businesses. However, the bank cautions that risks remain, including potential disruptions to supply chains and global financial conditions.