In 2025, Morocco’s foreign trade continued to grow in a context marked by economic recovery and rising import needs. However, this dynamic was accompanied by a widening trade deficit. Trade deficit • 353.1 billion dirhams • Increase of 15.8% compared to 2024 • The deficit worsened due to import growth being twice as fast as […]
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The Moroccan labor market recorded a moderate improvement in 2025. The national unemployment rate stood at 13%, compared to 13.3% in 2024, representing a decrease of 0.3 percentage points. • This moderate improvement resulted in a reduction in the number of unemployed, from 1,638,000 to 1,621,000 people, i.e., 17,000 fewer job seekers nationwide. Sectoral and […]
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Main measures of the 2026 Finance Law Completion of the Corporate Tax (IS) Reform In line with the multi-year schedule, 2026 marks the final stage of rate unification: • 20% for companies with net profit below 100 million MAD. • 35% for companies with net profit equal to or above 100 million MAD. • 40% […]
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The year 2025 was marked by overall controlled inflation in Morocco. According to indicators from the High Commission for Planning (HCP), the average annual Consumer Price Index (CPI), as well as core inflation, increased by 0.8% over the year. This figure confirms a structural slowdown compared to previous periods of high inflationary pressures. The month […]
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In 2025, the trade balance between Morocco and Spain confirmed the strength of a strategic partnership, reaching new historic highs. Bilateral trade grew at a sustained pace, driven by increasing industrial integration and fully leveraged geographical proximity. Moroccan exports to Spain recorded remarkable momentum, consolidating the Kingdom’s position as a competitive platform for the European […]
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Acceleration of preparations for the 2030 World Cup and AFCON 2025 The year 2025 was marked by the realization of major infrastructure projects linked to international sporting deadlines. Morocco intensified its investments in urban modernization and next-generation sports facilities. The emblematic Grand Stade Hassan II project in Casablanca reached decisive milestones, while the expansion of […]
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