The World Bank Group has released two analytical reports, developed with the Government of Morocco, setting out a reform agenda that it says could lift Morocco from steady to transformative growth. The Morocco Growth and Jobs Report and the Morocco Country Private Sector Diagnostic conclude that stronger structural reforms could generate 1.7 million additional jobs by 2035, raise real GDP by close to 20 percent above baseline, and help attract more private investment while expanding formal economic opportunities for women and youth. The Growth and Jobs Report recommends action across four linked areas: more efficient and competitive markets, more dynamic firms, more impactful public investment, and more inclusive labor markets. It highlights that between 2000 and 2024 Morocco's working-age population grew nearly 2.5 times faster than employment, that 40 percent of industries operate under limited competitive pressure, and that women's labor force participation remains among the lowest in the world and continues to decline despite higher educational attainment. The Country Private Sector Diagnostic identifies medium-term investment opportunities in decentralized solar power generation, low-carbon textiles, argan-based cosmetics, and marine aquaculture, and points to administrative procedures, regulatory frameworks, and skills gaps as key barriers. Measures such as clarifying regulations, streamlining and digitalizing permitting, improving access to land and green energy, and strengthening standards and traceability systems could unlock about USD 7.4 billion in private investment and support more than 166,000 jobs in those four sub-sectors over the next 5 to 10 years.
World Bank 2026-04-28
World Bank releases Morocco reform reports projecting 1.7 million additional jobs by 2035 and USD 7.4 billion in private investment
The World Bank Group and the Government of Morocco have released two reports outlining reforms that could generate 1.7 million additional jobs by 2035, raise real GDP by nearly 20 percent above baseline, and expand formal opportunities for women and youth. The Morocco Growth and Jobs Report urges reforms to improve market efficiency and competition, firm dynamism, public investment impact, and labor market inclusiveness. The Morocco Country Private Sector Diagnostic highlights investment potential in decentralized solar, low-carbon textiles, argan-based cosmetics, and marine aquaculture, estimating that regulatory and administrative improvements could unlock about USD 7.4 billion in private investment and support more than 166,000 jobs in these four sub-sectors over the next 5 to 10 years.