Business insolvencies in Morocco are expected to continue rising in 2025, according to forecasts from Allianz Trade, an international insurance company that monitors the financial health of over 80 million companies. In its latest Global Insolvency Report, Allianz Trade predicts that global business insolvencies will increase by 6% in 2025 and 3% in 2026, following a 10% rise in 2024. Morocco is no exception, as it is set to face yet another year of rising business insolvencies. The North African kingdom is expected to see a 7% increase in business insolvencies in 2025, in line with global trends. This follows a 10% rise in 2024, with total insolvencies projected to reach 16,800 cases, marking a 109% surge from pre-COVID levels (2016–2019), Allianz Trade noted. In 2026, however, insolvencies in Morocco are expected to stabilize at this elevated level. «Morocco continues to experience high corporate insolvency levels, though trends may shift as the macroeconomic outlook remains positive. While insolvencies are forecasted to grow by 7% in 2025, they are expected to stagnate in 2026. Economic growth will remain strong, driven by government and private sector investments», said Lluis Dalmau, Economist for Africa and the Middle East at Allianz Trade. «However, risks persist, including climate stress affecting agriculture and high youth unemployment», he warned. Meanwhile, a «reduction in 'administrative' insolvencies—cases where inactive companies use legal procedures to dissolve—could impact figures in the near term», he concluded. Insolvencies refer to situations where companies are unable to meet their financial obligations, forcing them to either cease operations or restructure their debts.
