HCP: Morocco’s economic growth is expected to slow to 4% in 2026

HCP: Morocco’s economic growth is expected to slow to 4% in 2026
Source: World Bank / Caption: HCP bases this forecast on improvement in both the agricultural and non-agricultural sectors.

According to forecasts released by the High Commission for Planning (HCP), the Moroccan economy is expected to grow by four percent in 2026, down from the 4.4% projected for 2025, with the agency citing global trade uncertainties. HCP based its projections on assumptions of an average wheat harvest and decreased foreign demand for Moroccan exports. The statistics agency went on to report that: "the fragmentation of international trade and persistent uncertainties are expected to weigh on the growth of trade in goods and services, thereby limiting the recovery of foreign demand directed at Morocco."

Great! You’ve successfully signed up.

Welcome back! You've successfully signed in.

You've successfully subscribed to MAGHREB INSIDER.

Success! Check your email for magic link to sign-in.

Success! Your billing info has been updated.

Your billing was not updated.