The International Monetary Fund (IMF) projected Tuesday that Morocco’s economy will grow by 3.9% in 2025, followed by 3.7% in 2026.
In its latest World Economic Outlook update, the IMF also forecasted inflation to remain steady at 2.2% in 2025 and slightly rise to 2.3% in 2026.
The IMF expects Morocco’s unemployment rate, which reached 13.3% in 2024, to slightly improve, declining to 13.2% in 2025 and further to 12.9% by 2026. The current account deficit is forecasted to stabilize at -2.0% of GDP in 2025, and slightly widen to -2.2% in 2026.
Regarding the broader MENA region, economic growth is expected to rise from 1.8% in 2024 to 2.6% in 2025, with a sharper increase to 3.4% in 2026, although these projections have been downgraded from earlier forecasts.
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