L’Moroccan economy should record a growth 3.9% in 2025 and 3.4% in 2026, after a rate of 2.9% last year. This is what emerges from the latest forecasts recently published by the World Bank. The Bretton Woods institution has thus revised upwards growth projections for the Morocco compared to forecasts last June (+0.2 percentage points for 2025). By 2024, the Moroccan economy had suffered from a marked slowdown in agricultural production, a direct result of drought conditions. However, an improvement in weather conditions this year is expected to boost the primary sector and propel growth to its highest level since 2022.
With a growth rate forecast by 3.9% in 2025, the Morocco will do better than the global average and that of the region Middle East and North Africa (MENA). In a context marked by the gradual decline in inflation and interest rates, the global economy is expected to grow by only 2.7% in 2025 and 2026, a rate comparable to that of 2024. growth in the MENA regionit should be at 3.4% in 2025, then 4.1% in 2026. The projections for 2025 are therefore adjusted downward compared to those of June, mainly due to the extension of voluntary production cuts oil by several major exporters
According to the World BankTHE economic outlook of the MENA region are particularly uncertain, in a context marked by geopolitical tensions, which should slow down growth and accentuate uncertainty in several countries (Lebanon, Syria, Palestine and the Republic of Yemen).
On a global scale, if the world economy stabilizes, the task promises to be much more difficult for developing countries. Moreover, even if growth in these countries will consolidate around 4% over the next two years, this performance will remain below pre-Covid levels and will not be sufficient to enable the progress necessary to reduce poverty. and, more broadly, to the achievement of development objectives. Furthermore, the dynamic of developing economies catching up with the income levels of advanced economies will stall.
“For developing economies, the next 25 years will be more difficult than the previous ones,” says Indermit GillChief Economist and Senior Vice President of the World Bank Group, responsible for Development Economics.
-In his view, most of the forces that once contributed to their rise have disappeared, to be replaced by powerful headwinds: debt burdens, sluggish investment and productivity growth, and the growing impact and cost of climate change. Despite these headwinds, developing economies have many options to improve their growth prospects.
“With appropriate policies, they can even turn some of these challenges into opportunities. By meeting infrastructure needs, accelerating the climate transition and strengthening human capital, these economies will be able to improve their growth prospects and at the same time contribute to the achievement of their climate and development objectives,” underlines the report.
“In the years to come, developing economies will therefore need a new strategic model”, indicates Indermit Gill, in particular to seize the still unexploited possibilities of international cooperation.
Because the issue is global: the importance of developing countries for the world economy is greater today than it was at the beginning of the century, since they currently represent around 45% of world GDP, compared to 25% in 2000.
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