The OECD's June 2026 Economic Outlook, titled "Under Pressure," projects Morocco's GDP growth at 3.8% for 2026, driven by strong agricultural output and services recovery. However, the report highlights persistent structural vulnerabilities, including high public debt (estimated at 70% of GDP) and reliance on external financing.
Inflation is expected to moderate to 2.5% in 2026, down from 3.1% in 2025, as global commodity prices ease. The OECD notes that Morocco's unemployment rate remains high at 12.5%, particularly among youth (over 30%).
The report emphasizes the need for reforms to boost private investment and reduce fiscal deficits. It warns that climate change poses a significant risk to agriculture, which employs 40% of the workforce. The OECD recommends diversifying the economy and improving education to enhance competitiveness.
