Join on WhatsApp 
Join on Telegram Rabat – After a challenging 2024 marked by drought and slowed growth, Morocco’s economy is set to recover in 2025, according to the latest economic outlook report by the High Commission for Planning (HCP).
The country is projected to see improvements across various sectors, including agriculture, industry, and construction, set to drive a positive economic trajectory.
The agricultural sector, which was heavily impacted by severe drought in 2024, is expected to bounce back slightly in 2025. Favorable weather conditions during the 2024/2025 farming season are predicted to boost cereal production, which had been limited to 31.2 million quintals the previous year. The livestock sector, however, remains under pressure due to recurring droughts and the need to rebuild herds.
Overall, the agricultural sector’s value-added growth is forecasted at 4.1% in 2025, following a decline of 5% in 2024. The fishing industry is also expected to grow by 6.5% this year.
Industrial sector to maintain momentum
The national industrial sector, which has been a key driver of economic growth, is set to continue its robust performance. The chemical industry, benefiting from strong international demand for phosphate-based fertilizers, is projected to maintain its growth, though at a slower pace than the remarkable 12.9% rise in 2024.
Export limitations from competing countries like China and Russia have created opportunities for Morocco to expand its market share in countries such as India and Brazil, HCP noted.
The automotive and aeronautics industries are also thriving. Transport equipment industries grew by an impressive 14.4% in 2024. This growth is expected to continue, with a 9.6% increase projected for 2025, driven by foreign investments and advancements in electric battery production.
However, the textile industry remains a weak spot, with challenges such as high energy costs, heavy reliance on European markets, and informal practices. Despite these hurdles, a modest growth of 1.7% is expected in 2025 after a contraction in 2024.
The construction and public works sector is set to grow by 3.8% in 2025, benefiting from lower building material costs and more accessible financing options. Significant infrastructure projects, including energy and water systems, are also expected to gain momentum. These initiatives are closely tied to Morocco’s preparations for major upcoming international events and programs to rebuild areas affected by natural disasters, the report noted.
The services sector, including tourism, trade, and transport, is anticipated to maintain its positive trajectory. Tourism, in particular, is expected to play a key role in supporting foreign currency reserves, alongside steady remittances from Moroccans living abroad.
