Morocco’s economic growth reached 4.6% in the first quarter of 2026, a decrease from the 5% recorded in the same period the previous year. While growth remains positive, the momentum has weakened, with shifting economic drivers. A strong performance in the agricultural sector is currently offsetting a slowdown in non-agricultural activities. Investment is losing traction, contributing to the deceleration, and continued high import levels are negatively impacting overall growth. The data suggests a changing economic landscape where reliance on agriculture is becoming more prominent. This shift requires attention to diversify economic engines and address import dependencies for sustained growth.