Morocco’s official planning agency projects GDP growth slowing to 3% in 2027, down from 4.8% in 2026, as exceptional harvests fade and structural drivers take over.
Africa · Northern
Key Facts
—HCP forecast. Morocco’s High Commission for Planning sees GDP growth decelerating to 3% in 2027, down from 4.8% in 2026.
—Consensus range. The IMF, World Bank, and AfDB project a higher 4–4.5% expansion for 2027, placing the HCP at the conservative end of the forecast spectrum.
—Agriculture effect. The slowdown is driven by a return to average cereal production after an exceptional 2026 harvest, not by a weakening of non-farm sectors.
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