Standard Chartered forecasts 4.5% growth for Morocco's economy in 2026

Standard Chartered expects Morocco's economy to grow by 4.5% in 2026, citing the kingdom's resilience and increasingly favorable economic outlook.

In a statement, the bank attributed the forecast to expanding industrial activity, strong tourism performance, resilient consumer demand and sustained investment, saying these factors are expected to keep growth on track and further strengthen Morocco's economic fundamentals.

According to Standard Chartered's latest research, manufacturing, tourism and domestic demand continue to show solid momentum, underscoring the strength and diversification of the Moroccan economy.

The bank added that continued investment in strategic sectors and expanding industrial capacity should further support growth, while improved agricultural conditions could provide an additional boost. A stronger-than-expected harvest would further enhance the country's growth prospects.

Standard Chartered also noted that Morocco is steadily consolidating its position as a gateway linking Europe, Africa, Asia and the Middle East, supported by expanding trade ties and investment in key sectors.

Quoted in the statement, Cynthia El Asmar, CEO and Head of Coverage for Standard Chartered Morocco, said these strengths continue to reinforce the kingdom's attractiveness as an investment destination and underpin its long-term growth prospects.

As Morocco deepens its integration into global trade and investment flows while building on its strengths in manufacturing, infrastructure and tourism, the bank believes it is well positioned to sustain its growth momentum and seize new opportunities in the years ahead.