This article was automatically translated from its original source. We apologize for any potential errors.
Heba Bryce
A recent report by the African Exposure website revealed that Morocco is among the top ten countries in Africa in terms of saving rate, during the period between 2023 and 2024.
According to the data contained in the report, Morocco’s total saving rate reached 27.54% of GDP, which enabled it to occupy the fourth place at the African level, and the third place at the level of the Middle East and North Africa region.
This performance represents an improvement over 2022, in which Morocco recorded a savings rate of 26.74%, reflecting a continuing positive trend in boosting domestic saving.
The report attributed this development to Morocco’s economic diversification, based on vital sectors such as tourism, agriculture, and industry, which contributed to supporting economic growth and increasing the capacity to mobilize national resources.
This performance, according to the report, reflects the maturity of Moroccan economic policies, along with a growing awareness of the importance of saving as a tool to promote financial stability and achieve sustainable development.
