Moroccan diaspora remittances surge to 91.5 billion dirhams by September 2024

Moroccan remittances reach 81 billion dirhams by August 2024

Moroccans abroad send record 115.3 billion dirhams home in 2023

Morocco's remittances hit $11.8 billion in 2023, second highest in MENA

Moroccans living abroad sent $11.8 billion back home in 2023. The World Bank said the pace of remittances remained strong, especially following the tragic September 2023 earthquake.

Covid-19 : Despite negative forecasts, remittances sent by Moroccans increase

According to the Foreign Exchange Office, remittances sent by Moroccans living abroad rose by 2.2% from January to the end of September 2020, thus resuming the upward trend after having suffered a sharp decline during the period of sanitary confinement. However, according to the World Bank’s projections, remittances to the Kingdom are expected to drop by 5% during the current year.

Remittances to Morocco reached $7.4 billion in 2018, the World Bank reveals

In 2018, Morocco received $7.4 billion from its nationals living abroad, the World Bank revealed in a report published in April. The survey ranks Morocco among the top remittance recipients in MENA region.