Morocco PESTLE Insights: A Macroeconomic Outlook Report
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According to GlobalData, mining, manufacturing, and utilities contributed 31.8% to the gross value added (GVA) in 2024, followed by other services (22.2%) and wholesale, retail, and hotels business activities (14.6%). In nominal terms, the three sectors are expected to grow by 3.7%, 10.3%, and 4.8%, respectively, in 2025.
Rabat and Casablanca are the major cities of Morocco, which contributed 16.7% to the country’s GDP and accounted for 11.2% of its population in 2024, according to GlobalData.
Scope
Macroeconomic Country Outlook Reports evaluate a country's investment potential through its political, economic, social, technological, legal, and environmental (PESTLE) framework. This comprehensive analysis offers a holistic view of the economy, serving as a strategic tool to understand market dynamics, business potential, and operational direction. Each PESTLE factor is examined based on four parameters: current strengths, current challenges, future prospects, and future risks. These insights support strategic planning by highlighting opportunities and risks within the economy, helping businesses and investors make informed decisions. The report aims to provide a detailed understanding of the country's macroeconomic environment to facilitate effective decision-making and strategy development.
Key Highlights
On February 26, 2025, Marsa Maroc announced that it secured a 25-year contract to operate a second terminal at Nador West Med Port, featuring an 18m depth and a 1,440m quay. The initial investment for the terminal will be EUR280 million ($304.3 million). This initiative intends to strengthen Morocco’s position in global supply chains, complementing existing facilities such as Tanger Med Port.
Reasons to Buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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