Morocco's economy recorded a growth rate of 4.9% in 2025, up from 4.4% in 2024, according to national accounts results published by the High Commission for Planning (HCP). The performance was primarily supported by strong domestic demand and a recovery in the agricultural sector.
The HCP attributed the acceleration to increased household consumption and investment, alongside a rebound in agricultural output after a period of drought. The non-agricultural sectors also contributed, with services and manufacturing showing steady growth.
However, the HCP noted that the growth rate remains below the government's target of 5.5% for 2025, partly due to persistent inflationary pressures and global economic uncertainties. The agricultural recovery was uneven, with some regions still affected by water scarcity.
Looking ahead, the HCP projects growth of around 4.5% for 2026, contingent on continued reforms and favorable weather conditions. The government has emphasized structural reforms to boost private investment and diversify the economy.
