Morocco’s economy is expected to accelerate to 5% growth in 2026, up from an estimated 4.7% in 2025, as the agricultural sector recovers from seven consecutive years of severe drought. The resurgence comes alongside sustained performance from non-agricultural activities, bolstered by strong domestic demand and price stability, according to recent data from the High Commission for Planning (HCP).
The 2025-2026 agricultural season started with a notable rainfall deficit, but abundant and well-distributed precipitation from late November onward reversed the shortfall. These favorable climate conditions are expected to replenish dam reserves and groundwater levels while supporting livestock recovery. The sector should benefit from the royal decision to abstain from sacrifices during Eid Al-Adha in 2025, improved vegetation cover, pasture availability, and the national livestock reconstitution program.
Agricultural value added is projected to grow 10.4% in 2026 following an estimated 4.5% in 2025, assuming above-average cereal production. Fishing activity should show slight recovery after declines in 2025 caused by reduced coastal and artisanal catch volumes. The primary sector overall is forecast to expand 10% in 2026 compared to 3.7% in 2025, contributing 1.1 percentage points to national economic growth versus 0.4 points in 2025.
Non-agricultural activities posted 4.5% growth in 2025 and are expected to increase 4.3% in 2026, driven by industrial consolidation, continued strong performance in construction and public works, and robust market services. This momentum benefits from healthy domestic demand and the multiplier effects of major investment projects.
Secondary activities registered remarkable 4.8% growth in 2025 and should advance nearly 4.2% in 2026, maintaining their contribution to national growth around 1.1 percentage points for both years. The tertiary sector confirms its resilience with projected 4.3% growth in 2026 after 4.5% in 2025, contributing 2.3 points to GDP growth.
Tourism and hospitality continued their strong recovery with nearly 9.7% growth in 2025, supported by increased tourist arrivals, solid travel receipts, and enhanced destination promotion. Transportation and storage services progressed 4.1% in 2025, benefiting from continuous railway traffic growth, intensified domestic and international air flows, and sustained maritime transport activity.
