Morocco's Net Foreign Direct Investment Inflows Surge 41.8% by End-May

Morocco's net foreign direct investment (FDI) inflows rose sharply during the first five months of 2026, reaching MAD 23.32 billion ($2.6 billion) by the end of May, up 41.8% compared with the same period last year, according to the country's Foreign Exchange Office.

In its latest monthly report on external trade indicators, the office said the increase was driven by higher FDI revenues and lower investment-related expenditures during the first five months of the year.

FDI receipts reached MAD 29.84 billion, marking a 20% increase compared with the same period in 2025. At the same time, expenditures linked to foreign direct investment fell by 22.5% to MAD 6.52 billion.

The report also showed a significant rise in Moroccan direct investment abroad. Net outward investment flows reached MAD 4.68 billion by the end of May 2026, more than doubling from MAD 2.16 billion recorded during the same period a year earlier.

Revenues generated from the disposal of these investments amounted to MAD 7 billion, up 13.6% year-on-year, while expenditures related to Moroccan direct investment abroad increased by 40.3% to MAD 11.71 billion.

The latest figures point to a dual trend in Morocco's investment flows, with the country attracting higher levels of foreign direct investment while Moroccan companies simultaneously increased their investment activities abroad, reflecting growing cross-border investment dynamism during the first five months of the year.

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