Remittances from Morocco exceed 950 million dollars in January 2025

Moroccan dirhams and US dollar notes - REUTERS/YOUSSEF BOUDIAL
Money transfers from Moroccans abroad continue to play a fundamental role in the country's economy 

According to the Foreign Exchange Office, remittances from the Moroccan diaspora reached more than MAD 9.45 billion ($950 million) at the end of January 2025, a slight increase compared to the MAD 9.4 billion ($940 million) recorded in the same period last year. This increase, albeit modest, of 44 million MAD (4.4 million dollars) reflects the stability in the flow of financial support sent by the Moroccan community abroad.

Remittances continue to be a key pillar for the Moroccan economy, providing a constant flow of capital that supports numerous families and boosts the domestic market. Aware of their relevance, the Moroccan authorities are seeking to strengthen the commitment to the diaspora and encourage their investment in the country. 

Boosting foreign direct investment 

In addition to the growth in remittances, foreign direct investment (FDI) also experienced a notable increase. In January 2025, net FDI inflows reached 3.23 billion MAD ($325 million), representing a growth of 16.9% compared to the same period last year. 

Investment income increased by 24.1% to MAD 4.94 billion (USD 500 million)
, while expenses associated with these investments grew by 40.4%, reaching MAD 1.7 billion (USD 170 million). 

Bank al-Maghrib headquarters in Rabat, Morocco - Depositphotos

Greater presence of Moroccan capital abroad 

Another relevant piece of data is the change in the dynamics of Moroccan direct investments abroad. In January 2025, net flows reached 723 million MAD ($73 million), a significant improvement compared to the negative balance of 89 million MAD ($9 million) registered in the same month of 2024. 

Likewise, income from these investments increased by 1.7% to MAD 1.5 billion (USD 150 million), while expenses expanded by almost 60% to MAD 2.23 billion (USD 225 million). 

Electronic board displays the Moroccan composite index at the Casablanca stock exchange office - PHOTO/REUTERS

Outlook and future trends 

These figures reflect the continuous financial exchanges between Morocco and the global economy, highlighting the relevance of remittances, foreign investment and the growing presence of Moroccan capital abroad. 

In 2024, remittances reached a total of 117.7 billion MAD ($11.7 billion), representing an increase of 2.1% compared to 2023. This sustained growth underlines the importance of these transfers for the national economy and their impact on the well-being of thousands of Moroccan families. 

In this context, the Moroccan government continues to back policies that strengthen the integration of the diaspora in the economic development of the country and encourage greater investment to boost growth and financial stability.