IMF Expects Morocco’s Growth to Reach 4.5% in 2026, 4.2% in 2027

IMF Expects Morocco’s Growth to Reach 4.5% in 2026, 4.2% in 2027
Tuesday 13 October 2026 - 14:21

The International Monetary Fund (IMF) is projecting Morocco’s economic growth to reach 4.5% in 2026 and 4.2% in 2027, according to the institution’s latest outlook.

For its part, inflation is expected to settle at 0.9% in 2026, before rising to 1.4% in 2027, the IMF underlines in its latest “World Economic Outlook” report, published on the occasion of the 2026 IMF and World Bank Annual Meetings, held on October 12-18 in Bangkok, Thailand.

On the other hand, the current account balance deficit is set to further expand to reach 4.9% of GDP in 2026, before falling back to 4.1% in 2027, the same source added, noting that the rate of unemployment is set to reach 12.2% in 2026, before falling back to 11.3% in 2027.

Across the Middle East and North Africa (MENA) region, growth is expected to contract by 2% in 2026, before rebounding to 7% in 2027.

Globally, the IMF forecasts growth of 3.1% in 2026, followed by 3.4% in 2027. At the same time, global inflation is expected to pause in its downward trend, rising from 4.1% in 2025 to 4.7% in 2026, before falling back to 4.1% in 2027.

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