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Morocco’s Economy Set to Expand 5% in 2026 – HCP Forecast Highlights

The Haut‑Commissariat au Plan (HCP) projects Morocco’s GDP to accelerate to 5 % in 2026, up from an estimated 4.7 % in 2025. The surge will be anchored by a stronger agricultural season, a rebound in livestock, and continued momentum in industry, construction and services, all underpinned by solid domestic demand and controlled inflation. Primary activities are expected to add 1.1 percentage points to growth, while the tertiary sector will contribute around 2.3 points, pushing total GDP growth to roughly 6.3 % in 2026.

January 20th, 2026
3 min read
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Expert Summary

The Haut‑Commissariat au Plan (HCP) projects Morocco’s GDP to accelerate to 5 % in 2026, up from an estimated 4.7 % in 2025. The surge will be anchored by a stronger agricultural season, a rebound in livestock, and continued momentum in industry, construction and services, all underpinned by solid domestic demand and controlled inflation. Primary activities are expected to add 1.1 percentage points to growth, while the tertiary sector will contribute around 2.3 points, pushing total GDP growth to roughly 6.3 % in 2026.

The Haut‑Commissariat au Plan (HCP) projects Morocco’s GDP to accelerate to 5 % in 2026, up from an estimated 4.7 % in 2025. The surge will be anchored by a stronger agricultural season, a rebound in livestock, and continued momentum in industry, construction and services, all underpinned by solid domestic demand and controlled inflation. Primary activities are expected to add 1.1 percentage points to growth, while the tertiary sector will contribute around 2.3 points, pushing total GDP growth to roughly 6.3 % in 2026.

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