Morocco overview

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In Morocco we focus on:

  • Realizing Morocco’s entrepreneurial potential, promoting women’s entrepreneurship and increasing finance to small and medium-sized enterprises.
  • Promoting regional economic development and gender inclusion by improving the business environment and supporting equal employment opportunities for men and women in rural areas
  • Supporting the sustainability and improving the efficiency and quality of infrastructure and utility services by the commercialisation of public services and infrastructure
  • Advancing the development of capital markets by broadening the range of financial instruments and promoting innovative financial solutions. 

We continue to cooperate with other IFIs, the EU and bilateral partners to ensure that our operations take full account of their work as well.

The EBRD’s Morocco strategy was approved on 11 February 2015

Joint EBRD-EIB-AfDB Private Sector Development Report: English | French

EBRD 2022 Annual Meeting and Business Forum in Marrakech

Current EBRD forecast for Morocco’s Real GDP Growth in 2022 1.2%

Current EBRD forecast for Morocco’s Real GDP Growth in 2023 3.0%

The economy in Morocco recovered strongly in 2021 with GDP growth of 7.4 per cent, after a pandemic-driven contraction of 6.3 per cent in 2020. The recovery was mainly driven by a record harvest season, and rebounds in manufacturing, trade, construction and business services, amid one of the best vaccination programmes in the EBRD regions. A drop is expected in 2022 (at 1.2 per cent GDP growth) because of unfavourable weather affecting agricultural output and the impact of the war on Ukraine. Morocco is currently
suffering a severe drought, which will likely impose pressure on domestic food prices and require the country to raise food imports, also at a higher international price.


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