Foreign Direct Investment Flows Surge in Morocco by 55%

Foreign Direct Investment Flows Surge in Morocco by 55%

- in Economy

Follow-Up

Foreign direct investment flows into Morocco in 2024 have seen a remarkable increase of 55% compared to 2023, according to recent data from the "Ofinda" agency. The total amount of foreign investments reached $1.64 billion, up from $1.05 billion in the previous year, reflecting a tangible recovery in the appeal of the Moroccan economy to international investors.

The figures indicate that this improvement follows a relative decline in 2023, while the highest level recorded over the past five years was in 2021, at $2.27 billion, followed closely by 2022 at $2.26 billion. In 2020, the flows amounted to $1.42 billion.

This clear rise in 2024 is linked to a gradual restoration of confidence in the investment climate, thanks to the Moroccan government’s continued implementation of structural reforms aimed at enhancing the business environment and providing incentives for investors, all within a strategic vision to position the Kingdom as a regional economic hub for attracting foreign capital.

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