(Ecofin Agency) - Morocco’s economy is expected to grow by 3.8% in 2025, up from 3% in 2024, according to a report released on January 20 by the High Commission for Planning (HCP). This recovery will be driven mainly by a rebound in agriculture and the resilience of non-agricultural activities.

After a challenging 2024 marked by severe drought, the 2024-2025 agricultural season is expected to benefit from improved weather conditions. The agricultural sector’s added value is projected to grow by 4.1% in 2025, recovering from a 5% decline in 2024. The fishing industry is also anticipated to contribute to this recovery, with an estimated growth of 6.5%.

Non-agricultural activities are forecast to expand by 3.6% in 2025, driven by strong performance in construction and public works, mining and manufacturing, as well as increased activity in trade, transportation, and tourism.

The secondary sector, which includes industries such as manufacturing and construction, is expected to grow by 3.8% in 2025. While this is slower than the 5.1% growth recorded in 2024, it will still contribute 0.9 percentage points to the overall economic growth.

The tertiary sector, focusing on services primarily within the domestic market, will continue to be a major driver of the economy. It is projected to grow by 3.5% in 2025, slightly up from the 3.2% growth seen in 2024, supported by improvements in both commercial and non-commercial services.

In 2024, Morocco faced moderate economic growth under challenging circumstances, with unfavorable weather playing a significant role. Economic growth reached 4.3% in the third quarter but slowed to 3% in the fourth quarter as secondary and tertiary sectors stabilized, according to the HCP.

To support agricultural recovery, the Moroccan government has allocated MAD14.2 billion (approximately $1.4 billion) to the sector under the 2025 Finance Act. This represents a 4% increase from the previous year, with nearly $670 million—49% of the budget—dedicated to investment projects in irrigation and agricultural land development.