DR ‹ › Recent rainfall and favorable weather conditions have contributed to a recovery in agricultural output in Morocco, according to the World Bank's Global Economic Prospects report released in January. Despite this improvement, the report projects that Morocco's economic growth will slow, averaging 4.4 percent in 2026–27, driven by «weaker expansion in agriculture and manufacturing, alongside softer employment growth». The World Bank also notes that Morocco is among oil-importing countries whose current account balances have improved, partly due to rising remittances and tourism revenues. In this context, the kingdom welcomed 19.8 million tourists in 2025, an increase of more than 14 percent compared to 2024. Looking ahead, the report warns that fiscal deficits in oil-importing economies such as Morocco are expected to narrow in 2026–27 as a result of «contractionary fiscal policies». At the same time, the World Bank argues that the implementation of deeper-than-expected regulatory reforms aimed at stimulating private-sector activity could «boost growth, reduce informality, and create jobs» in Morocco. More broadly, the report highlights the resilience of the global economy despite heightened trade tensions and policy uncertainty. Although growth exceeded expectations, marking the end of a five-year global recovery from the 2020 recession, the strongest in over six decades, the report cautions that this performance masks growing economic divergence.
