The 2025 Economic Budget Outlook of Morocco’s Forecasts and Statistics Office (HCP) expects national savings in Morocco to reach 28.3% of the kingdom’s gross domestic product (GDP) in 2025. The estimate takes into account net external income, which is projected to account for 7.4% of GDP in 2024 and 7.1% in 2025.
Domestic savings are expected to increase from 20.7% of GDP in 2024 to 21.1% in 2025. The growth is attributed to a projected 5.9% increase in nominal GDP and a 5.4% rise in the value of final national consumption in 2025, according to the HCP.
Meanwhile, the office expects gross investment to rise slightly to around 29.8% of GDP in 2025, compared to an estimated 29.6% in 2024. The HCP also projected the financing need to stabilize at around 1.5% of GDP in both 2024 and 2025.