In 2025, the Moroccan economy recorded significant progress, marking a notable recovery in national activity. According to the latest estimates, Gross Domestic Product (GDP) posted growth of 4.4% over the year, a performance that clearly surpasses the moderate levels previously observed. This rebound is mainly supported by a strong recovery in domestic demand and a strategic revival of investment, both public and private.
The year was particularly driven by preparations related to the organization of AFCON 2025 and the prospects of the 2030 World Cup. These large-scale events served as catalysts for the construction and public works sector, as well as for transport and logistics. The services sector, driven by a rapidly expanding tourism industry and resilient retail trade, played a leading role in this dynamic. At the same time, Morocco maintained sound macroeconomic indicators, with a current account deficit contained at around 2.0% of GDP and overall financial stability strengthening the confidence of foreign investors.
The industrial sector and transport infrastructure continue to support the Kingdom’s ambitions. Following the example of the automotive industry in previous years, the development of major infrastructure projects in 2025 enabled Morocco to consolidate its role as a regional logistics hub. This rise of strategic sectors is accompanied by a steady improvement in investment flows, driven by accelerated economic modernization.
Despite these remarkable advances, the country still faces major structural challenges that temper this positive assessment. Persistent water stress continues to weigh on rural areas, while the creation of sustainable jobs struggles to absorb the entire workforce, particularly among young people. Territorial disparities and the need for increased support for VSEs, SMEs (Very Small, Small and Medium Enterprises) remain reform priorities to ensure that growth is inclusive and equitable.
In summary, 2025 confirms the resilience of the Moroccan economic model and its ability to mobilize new growth drivers. If the international environment remains favorable, maintaining this positive trajectory in 2026 will depend on the country’s ability to transform these sectoral performances into sustainable social development and address challenges related to water sovereignty.