Finance Headlines Morocco

WB: Public Investment in Infrastructure for World Cup 2030 & Agricultural Rebound Drive Morocco’s Strongest Growth in a Decade

Morocco’s economy is growing at its fastest pace in over ten years, buoyed by a surge in infrastructure investment and an agricultural rebound, said the World Bank in latest report released Thursday.

The “Morocco Economic Update summer 2026” report said the country’s macroeconomic foundations are solid, stressing that the country’s next great leap in productivity will depend on how deeply and broadly its businesses embrace advanced digital technologies.

Real GDP growth reached an estimated 4.9 percent in 2025, the strongest performance in a decade, driven by a surge in public investment linked to the preparations for the 2030 FIFA World Cup and a nascent recovery in agriculture, said the WB report.

Yet, the newly released labor statistics offer a more sobering picture of the country’s untapped potential, with broader measures of labor underutilization reaching 22.5 percent, added the World Bank in its updated report.

Inflation fell sharply to just 0.8 percent, easing the pressure on households and businesses that had built up in previous years, underlined the WB, commending Morocco for narrowing the budget deficit to 3.5 percent of GDP and enabling Morocco’s sovereign credit rating to be upgraded to investment grade by Standard & Poor’s.

According to the WB outlook, Morocco’s growth is expected to remain solid at 4.2 % in 2026, supported by continued investment and domestic demand. However, headwinds remain, including the impact of the conflict in the Middle East on energy import costs and freight prices, with an estimated drag of 0.8 % points on Morocco’s pre-conflict growth.

Morocco’s economic resilience is commendable and the country’s growth momentum is real, said the WB Director for the Maghreb Ahmadou Moustapha Ndiaye, calling for a push to unlock the new sources of productivity in the Kingdom.

“Digital transformation is the most powerful lever available and Morocco has both the ambition and the foundation to make it work”, underlined the WB official.

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