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Economic growth in Morocco: the ADB forecasts 3.9% in 2025

28/05/2025
Source : ORISHAS FINANCE
Categories: Economy/Forex

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The African Development Bank (ADB) predicted in its 2025 African Economic Outlook report, published on the sidelines of the Bank's Annual Meetings, which are being held until 30 May in Abidjan, that the growth of the Moroccan economy should accelerate to 3.9% in 2025.

The evolution of Moroccan economic growth would be due to robust domestic demand, in particular thanks to investment, the dynamics of non-agricultural activities and the prospect of a better agricultural season, according to the ADB. The institution also indicates that growth should reach 3.7% in 2026, reflecting a slowdown in exporting industries due to the increase in American tariffs. Regarding inflation, it is expected to be 2% in 2025 and 2.3% in 2026, while the budget deficit would continue to decrease to 3.6% of the gross domestic product (GDP) in 2025 and 3.3% in 2026. According to the report, this improvement is the result of the consolidation of tax revenues as part of ongoing reforms and the reduction of the butane gas tax

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