Forbes Middle East has revealed a report reviewing the key economic indicators of Morocco and its forecasts for the years 2024 and 2025, based on World Bank data.
According to the report, GDP growth is expected to see a slight increase from 3.2% in 2024 to 3.4% in 2025, while the debt-to-GDP ratio is projected to decrease from 70% to 68.9%.
Regarding economic sectors, the following is expected:
- Growth in the industrial sector to decrease from 5.1% in 2024 to 3% in 2025.
- Growth in the services sector to slightly decrease from 3.5% to 3.4%.
- A shift in the agricultural sector from positive growth of 4.5% to a contraction of -4.6%.
As for macroeconomic indicators, forecasts point to:
- An increase in the inflation rate from 0.9% to 2%.
- A relative stability in the unemployment rate at around 39.7%-39.9%.
These figures reflect diverse challenges and opportunities facing the Moroccan economy, with expectations of varying performance across different sectors over the next two years.