Standard Chartered Bank has projected that Morocco's economy will grow by 4.5% in 2026, according to a report released on June 30, 2026. The forecast is based on the country's ongoing economic reforms, increased foreign direct investment, and a rebound in agricultural output after a period of drought.
The bank's Global Research team noted that Morocco's GDP growth is expected to accelerate from an estimated 3.2% in 2025 to 4.5% in 2026, driven by strong performance in manufacturing, tourism, and automotive sectors. The report also highlighted the positive impact of the country's new investment charter and the 'Offer Morocco' initiative, which aims to attract strategic investors.
However, the forecast is subject to risks, including global economic uncertainty, volatility in commodity prices, and the potential impact of climate change on agriculture. Standard Chartered emphasized that continued implementation of structural reforms and fiscal discipline will be crucial to achieving the growth target.
The bank's projection aligns with other international institutions' outlooks, such as the International Monetary Fund, which has also revised its growth estimates for Morocco upward in recent months. The Moroccan government has set a growth target of 4.5% for 2026 as part of its medium-term economic plan.
