Morocco is pushing ahead with infrastructure construction. A second Mediterranean port is currently being built around 250 kilometres east of Tangier. In addition, billions are being invested in stadiums, roads, railways and airports in the run-up to the 2030 World Cup, which Morocco is hosting jointly with Spain and Portugal.

This is also good news for German companies: The infrastructure boom is driving demand for machinery, equipment and electrical engineering products. However, Germany is still not living up to its potential as a trading and investment partner:

We rank only sixth in Morocco’s foreign trade statistics, and our share of foreign direct investment is just 2.5 per cent. Yet there are good reasons for greater involvement: Morocco is politically stable, is currently establishing a social security system and has concluded free trade agreements with more than 50 countries.

The country also scores highly with attractive wage and energy costs and is an interesting  location for projects in the fields of renewable energies and IT services. In addition to automotive and aviation suppliers, Morocco is increasingly attracting companies from the railway technology and shipbuilding sectors. The location’s shortcomings include high unemployment and climate-related uncertainties, which particularly affect the agricultural sector.

Economy. According to Germany Trade & Invest, Morrocos’s economy is expected to grow by 4.4 per cent this year. For 2026 and 2027, economists predict growth rates of 4.2 and 4.0 per cent. The gross domestic product per capita rose in the last 20 years from the equivalent of 1942 to 3393 US-Dollars. Inflation recently stood at 1.2 per cent; national debt has reached around 67,2 per cent of GDP.

Population. Morocco has around 37,7 million inhabitants; the population recently grew at an annual rate of 1.0 per cent. In the last 20 years, the fertilty rate has fallen from 2.6 to 2.2 children per woman. Life expectancy was at 75 years recently (twenty years ago: 69). 100 per cent of the population has access to electricity (twenty years ago: 78.6 per cent).

Governance. On Transparency International’s latest Corruption Perceptions Index, Morroco ranks 99th out of 180 countries. With a score of 37 points (three points less than 2020), Morocco is on par with countries such as Indonesia and Argentina and only one point behind India.

Sources and further information:

World Bank: https://data.worldbank.org/country/morocco

Germany Trade & Invest: https://www.gtai.de/de/trade/marokko-wirtschaft/wirtschaftsdaten-kompakt#/MAR/wirtschaftslage