Morocco's economy is projected to accelerate in the third quarter of 2026, with the High Commission for Planning (HCP) forecasting a growth rate of 5.4%. This follows a 4.8% growth recorded in the second quarter of the same year, according to the HCP's latest economic report.
The HCP attributes this improvement to a recovery in agricultural output and sustained performance in the services and industrial sectors. The forecast is based on assumptions of normal rainfall and stable global demand for Moroccan exports.
However, the HCP also notes risks, including potential volatility in international commodity prices and slower growth in key trading partners. The government has set an overall growth target of 4.5% for the full year 2026.
