Morocco GDP growth reaches nearly 5 percent in 2025

Morocco’s economy grew by 4.9% in 2025, up from 4.4% in 2024, according to national accounts released by the High Commission for Planning (HCP).

The improvement was driven by an 8.2% increase in agricultural activity and 3.9% growth in non-agricultural sectors, the HCP said in its note on the national economic situation in 2025.

According to the institution, this performance was supported primarily by strong domestic demand and occurred in a context marked by controlled inflation, despite a widening financing requirement for the national economy.

The primary sector recorded a sharp rebound, with value added rising by 7.1% in real terms, largely due to the recovery of agricultural activity, whose value added increased by 8.2%.

The fishing sector, however, moved in the opposite direction. After growing by 8.8% in 2024, it contracted by 13% in 2025.

Growth in the secondary sector slowed to 3.3%, compared with 3.8% a year earlier. This reflected mixed performances across its various branches. Growth in mining and quarrying eased from 11.5% to 7.5%, while manufacturing activity slowed slightly from 2.1% to 1.9%. By contrast, construction and public works accelerated from 6% to 6.7%. Growth in electricity, gas, water, sanitation and waste management dropped sharply, from 5.4% in 2024 to just 0.6% in 2025.

The tertiary sector also lost momentum, with value added increasing by 4.3% in 2025, down from 5.6% the previous year.

At current prices, gross domestic product (GDP) rose by 6.5% in 2025, compared with 8.7% in 2024, resulting in a 1.6% increase in the overall price level.