Laayoune – The net flow of Foreign Direct Investment (FDI) in Morocco went from MAD 13.5 billion ($1.32 billion) in 2020 to MAD 19.4 billion ($1.89 billion) in 2021.
This is an increase of 43.6% or 5.9 billion ($580 million) from the previous year.
At the same time, Moroccan direct investment abroad rose from MAD 4.4 billion ($430 million) in 2020 to MAD 4.6 billion ($450 million) in 2021, a slight increase of 4.5%.
The net balance of foreign investment reached MAD 14.8 billion ($1.44 billion) in 2021 against MAD 9.1 billion ($890 million) in 2020.
According to the Exchange Office’s recent report, joint stock bonds made up the majority of influx into Morocco in 2021, accounting for 67.5% of the total, or MAD 13.1 billion ($1.28 billion).
Read also: France is Morocco’s Largest FDI destination
Meanwhile, reinvested profits climbed by MAD 2.1 billion ($200 million) at the same period, accounting for 7.6% of Morocco’s total net influx of foreign direct investments in 2021.
Some of the sectors that benefited most from foreign direct investment in Morocco in 2021 were real estate, which comprised 27% of total foreign investment in 2021, while manufacturing and financing made up 17.3% and 11.3% respectively.
These three industries made up 55.6% of the total net FDI flows in 2021 compared to 61.5% in 2020.
Morocco’s Exchange Office’s annual June report is a balance sheet of payments, detailing Morocco’s external trade in the global market. The report uses data, up until March 2022, to list the 2021 balance sheet.
