Morocco has witnessed a significant increase in foreign direct investments, with a 58.4% rise to 35.24 billion dirhams (MMDH) in the first nine months of 2026, according to the Office des Changes. This growth is attributed to a 21.8% increase in investment revenues to 53.44 MMDH and a 15.9% decrease in expenditures to nearly 18.2 MMDH. The office's recent bulletin on monthly foreign exchange indicators highlights these trends.
The bulletin also reports that Moroccan direct investments abroad (IDME) reached approximately 6.2 MMDH, marking a 3.9 MMDH increase. IDME expenditures rose by 43% to over 19.13 MMDH, while revenues from these investments grew by 16.5% to nearly 13 MMDH. These developments indicate a growing presence of Moroccan businesses in international markets.
In addition to the growth in foreign direct investments, Morocco has seen a notable increase in remittances from Moroccans living abroad (MRE). These transfers reached over 103 billion dirhams, representing an 11.3% annual improvement. This growth in remittances is a significant contributor to the country's foreign exchange reserves.
The tourism sector also showed positive trends, with a 12.1% increase in travel revenues to 115.25 MMDH. Travel expenditures rose by 8% to 26.96 MMDH, resulting in a positive balance of nearly 88.3 MMDH, a 13.4% increase. This performance underscores the sector's resilience and its role in supporting the country's economy.
The Office des Changes' bulletin provides a comprehensive overview of Morocco's external trade and investment landscape. The data suggests that the country is making progress in attracting foreign investments and in promoting its economic sectors, particularly tourism. These trends are crucial for the country's economic growth and development.
The growth in foreign direct investments and travel revenues is a positive indicator for Morocco's economic prospects. The country's efforts to improve its business environment and promote investment opportunities appear to be yielding results. Continued growth in these areas will be essential for sustaining economic momentum.
As Morocco continues to navigate the complexities of the global economy, the increase in foreign direct investments and remittances provides a solid foundation for economic stability. The government's policies aimed at promoting investment and supporting economic sectors are likely to play a crucial role in sustaining this growth.
Key points
- Morocco's foreign direct investments increased by 58.4% to 35.24 billion dirhams in the first nine months of 2026.
- Remittances from Moroccans living abroad rose by 11.3% to over 103 billion dirhams.
- Travel revenues grew by 12.1% to 115.25 MMDH, with a positive balance of nearly 88.3 MMDH.
