Morocco

Morocco ended 2023 on a high note, with Q4 2023 accelerating to 4.1%, up from 0.7% in the same quarter of 2022. This growth was driven by a surge in domestic demand, highlighting the country’s economic resilience. The non-agricultural sector grew by 4.1%, and agriculture by 5.8%. However, Morocco’s economic growth is projected to slow to 2.4% in Q1 2024.