Morocco Records MAD 92.73 Billion in Diaspora Remittances as of September 2025

Official data indicate that remittances from Moroccans living abroad reached MAD 92.73 billion ($9.96 billion) by the end of September 2025. This represents a 1.1% increase compared to the same period in 2024, when remittances stood at MAD 91.72 billion ($9.85 billion).

Figures for the full year 2024 showed total remittances amounting to $11.7 billion, a 2.1% rise from 2023. The government has consistently recognized diaspora contributions as a key component of the country’s economic structure.

In addition to remittances, the latest exchange office report noted that Morocco’s trade deficit increased by 17.7%, exceeding MAD 259 billion ($27.83 billion), attributed to higher import volumes alongside export activity.

In addition to remittances, the latest exchange office report noted that Morocco’s trade deficit increased by 17.7%, exceeding MAD 259 billion ($27.83 billion), attributed to higher import volumes alongside export activity.

Economic analysts cite remittances as a stabilizing factor for Morocco’s current account, which remained near 1.2% of GDP in 2024. The inflows have supported household consumption and contributed to macroeconomic resilience despite challenges including natural disasters and global economic fluctuations

The data underscore the ongoing importance of diaspora financial engagement in Morocco’s economic performance.