Morocco’s economy is poised to grow by 3.8% in 2025, up from an estimated 3% in 2024, supported by a recovery in agriculture, strong performance in non-agricultural sectors, and continued investments in key industries, according to a report from the country’s statistics office (HCP).
Following a tough 2024 due to drought and a 5% contraction in agricultural output, Morocco’s farming sector is expected to recover in 2025 with a growth rate of 4.1%.
Favorable weather conditions and increased rainfall have improved prospects for the production of cereals and other crops. Livestock farming, while still facing the effects of prior droughts, will benefit from government support intended to revitalize herds.
The fishing industry is also projected to expand by 6.5%, contributing to the overall recovery of agriculture, which is expected to grow by 4.2% and add 0.4 percentage points to Gross Domestic Product (GDP) growth.
Morocco’s non-agricultural activities remain a cornerstone of economic stability, with a projected growth of 3.6% in 2025. Key drivers include industrial production, construction, mining, and tourism.
The industrial sector would expand by 3.7%, with chemical industries playing a key role. High global demand for phosphate-based fertilizers, coupled with reduced exports from competitors like China and Russia, will fuel this growth.
The automotive and aeronautics industries are also expected to thrive, supported by foreign direct investment and increased manufacturing capacity.
Construction, bolstered by declining material costs and favorable financing conditions, is forecasted to grow by 3.8%. The sector will benefit from infrastructure projects, including energy and water initiatives and preparations for international events.
Tourism is projected to grow by 7.4%, continuing its recovery since COVID-19 after a remarkable 23.5% rebound in 2023. Investments in promoting Morocco as a global destination and improving accessibility are paying off, with rising international arrivals and revenues.
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