Publication:
Morocco Economic Update, Winter 2025: Prioritizing Reforms to Boost the Business Environment

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dc.contributor.authorWorld Bank
dc.date.accessioned2025-04-03T17:17:38Z
dc.date.available2025-04-03T17:17:38Z
dc.date.issued2025-04-03
dc.description.abstractDespite the drought causing a modest deceleration of overall GDP growth to 3.2 percent, the Moroccan economy has exhibited some encouraging trends in 2024. Non-agricultural growth has accelerated to an estimated 3.8 percent, driven by a revitalized industrial sector and a rebound in gross capital formation. Inflation has dropped below 1 percent, allowing Bank al-Maghrib to begin easing its monetary policy. While rural labor markets remain depressed, the economy has added close to 162,000 jobs in urban areas. Morocco’s external position remains strong overall, with a moderate current account deficit largely financed by growing foreign direct investment inflows, underpinned by solid investor confidence indicators. Despite significant spending pressures, the debt-to-GDP ratio is slowly declining.en
dc.description.abstractEn dépit de la sécheresse qui a légèrement freiné la croissance globale du PIB à 3.2 %, l’économie marocaine a montré des signes prometteurs en 2024. La croissance du secteur non agricole s’est accélérée, pour atteindre un taux estimé à 3,8 %, tirée par le dynamisme du secteur industriel et la reprise de la formation brute de capital. L’inflation est passée sous la barre des 1 %, permettant à Bank Al-Maghrib de commencer à assouplir sa politique monétaire. Bien que les marchés du travail ruraux demeurent stagnants, l’économie a généré près de 162 000 emplois en milieu urbain. La position extérieure du Maroc reste globalement solide, avec un déficit du compte courant modéré, largement financé par l’augmentation des flux d’investissements directs étrangers et soutenu par des indicateurs de confiance des investisseurs robustes. Malgré des pressions budgétaires importantes, le ratio dette/PIB poursuit sa lente diminution.fr
dc.identifierhttp://documents.worldbank.org/curated/en/099942003212584239
dc.identifier.doi10.1596/43015
dc.identifier.urihttps://hdl.handle.net/10986/43015
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectDROUGHT
dc.subjectNON-AGRICULTURAL GROWTH
dc.subjectJOB CREATION
dc.subjectPUBLIC SECTOR
dc.subjectBUSINESS CLIMATE
dc.titleMorocco Economic Update, Winter 2025en
dc.titleRapport de suivi de la situation économique au Maroc, hiver 2025fr
dc.title.subtitlePrioritizing Reforms to Boost the Business Environmenten
dc.title.subtitleComment prioriser les réformes pour améliorer le climat des affairesfr
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-04-03
okr.date.doiregistration2025-04-14T11:54:15.446342Z
okr.date.lastmodified2025-03-29T04:04:42Zen
okr.date.lastmodified2025-03-29T19:04:36Zfr
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099942003212584239
okr.guid099942003212584239
okr.identifier.docmidIDU-f31b9294-4e94-460c-904e-326e75368a2a
okr.identifier.externaldocumentum40002305
okr.identifier.internaldocumentum40002305
okr.identifier.report198037
okr.import.id7009
okr.importedtrueen
okr.importedtruefr
okr.language.supporteden
okr.language.supportedfr
okr.pdfurlhttps://documents.worldbank.org/curated/en/099942003212584239/pdf/IDU-f31b9294-4e94-460c-904e-326e75368a2a.pdfen
okr.pdfurlhttps://documents.worldbank.org/curated/en/099706303242596282/pdf/IDU-cb8d4682-0954-4e66-a287-3d80bfa1e345.pdffr
okr.region.administrativeMiddle East and North Africa
okr.region.countryMorocco
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicPrivate Sector Development::Business Development Services
okr.txturlhttps://documents.worldbank.org/curated/en/099706303242596282/text/IDU-cb8d4682-0954-4e66-a287-3d80bfa1e345.txtfr
okr.unitEFI-MNA-MTI-MacroFiscal (EMNMT)
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