The World Bank Group, in partnership with the Government of Morocco, has released two new analytical reports highlighting that Morocco could generate 1.7 million additional jobs by 2035 and increase its real GDP by nearly 20 percent above current trends. However, achieving this potential will require a strong and coordinated programme of structural and policy reforms aimed at accelerating growth and improving economic inclusion.
The reports, the Morocco Growth and Jobs Report and the Morocco Country Private Sector Diagnostic, focus on shifting the economy from steady growth to more transformative development. They recommend reforms that strengthen market competition, unlock private investment, improve public spending efficiency, and increase participation of women and youth in the formal workforce. Despite progress in recent years, Morocco continues to face challenges in turning economic growth into sufficient job creation, particularly for young people and women.
A key concern identified is the limited competitiveness in several sectors, which restricts business expansion and productivity. Women’s participation in the labour force remains low despite rising education levels, and employment growth has lagged behind the rapid increase in the working-age population, creating pressure on the labour market.
The Growth and Jobs Report suggests that implementing coordinated reforms could significantly boost economic outcomes, potentially creating 2.5 million jobs by 2050. It also emphasises the importance of aligning Morocco’s New Development Model with practical policy actions that support more dynamic firms, efficient markets, and stronger public investment outcomes.
The Country Private Sector Diagnostic identifies high-potential sectors for private investment, including renewable energy, sustainable textiles, argan-based cosmetics, and aquaculture. It notes that while opportunities exist, investment remains limited due to regulatory barriers, administrative complexity, and skills gaps.
The report recommends targeted reforms such as simplifying regulations, improving digital permitting systems, expanding access to land and clean energy, and strengthening quality standards. If implemented, these measures could unlock billions in private investment and create over 166,000 jobs in key growth sectors over the next decade.
World Bank Group officials emphasised that Morocco has strong economic foundations and the potential to attract significantly higher levels of private investment. The findings highlight that with the right reforms, Morocco can transition to a more inclusive and competitive growth model that delivers broader economic opportunities and long-term development benefits.
