Morocco Frontier-Märkte

Wirtschafts- und Branchenüberblick

Morocco is a middle-income economy in North Africa with a diversified base spanning agriculture, phosphate mining, manufacturing, tourism, and financial services. Real GDP growth reached approximately 3.2 percent in 2024 and accelerated to around 4.9 percent in 2025, supported by strong domestic demand, a recovery in agriculture, and buoyant construction and services activity. Inflation fell sharply from a peak above 6 percent in 2023 to roughly 0.8 percent in 2025, allowing the central bank to ease its benchmark rate to 2.25 percent. Morocco is a major global producer and exporter of phosphates, and the Casablanca Stock Exchange is the second-largest bourse in Africa by market capitalisation. The country is investing heavily in renewable energy, infrastructure, and digitalisation ahead of co-hosting the 2030 FIFA World Cup.

Schlüsselsektoren

Alles über Morocco →

Makro

BIP nominal, USD	$154.00B
BIP-Wachstum real, jährlich	3.2%
Inflation jährlich	0.8%
Bevölkerung Menschen	37.8M
BIP pro Kopf USD	$4,070
Marktkapitalisierung gesamt notiert, USD	$106.00B
Marktkapitalisierung / BIP	49.0%
Arbeitslosigkeit	12.8%
Börsennotierte Unternehmen	78
Börse	Bourse de Casablanca (Casablanca Stock Exchange) (CSE)

Datenjahr: 2024. Quellen: Bourse de Casablanca (AMMC 2024 Capital Market Report), IMF Article IV Consultation 2025, African Development Bank Morocco Economic Outlook 2025, World Bank, OECD Economic Surveys Morocco 2024, Morocco Ministry of Finance Directorate of Studies and Financial Forecasts, MSCI Morocco Index (msci.com), Wikipedia Casablanca Stock Exchange, Shore Africa Top Companies 2025, Morocco World News, Coface Country Risk Morocco 2025. Individual figures may cover different reference periods — for example a fiscal year, or an estimate for the current year — and the overview above states these where known.

Lokale Börse & Zugang

Börse	Bourse de Casablanca (Casablanca Stock Exchange)
Kürzel	CSE
Website	www.casablanca-bourse.com
Währung	MAD

Lokaler Brokerzugang

Foreign investors may hold up to 100 percent of any company listed on the Casablanca Stock Exchange without prior approval, though bank stakes exceeding 5 percent require central bank (Bank Al-Maghrib) authorisation. Repatriation of dividends and capital gains by non-residents is permitted in foreign currency subject to standard documentation. Access is typically obtained through a local Moroccan broker or an international custodian with a sub-custodian in Morocco. Leading local brokers include Attijari Intermediation, CFG Marches, and BMCE Capital Bourse. Settlement is T+2 through the central depository Maroclear. There are no US-listed single-country ETFs dedicated solely to Morocco; exposure is available through frontier and Africa regional funds.

Globale Broker mit Zugang zu ausländischen Märkten

• Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
• Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
• Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
• Fidelity International Trading — International stock trading on a number of developed and emerging markets.

Nur zur Orientierung aufgeführt – keine Empfehlung. Verfügbare Märkte, Gebühren und Anmeldebedingungen variieren je nach Broker und Wohnsitzland.

Umzug & Aufenthalt

Zugang für ausländische Investoren

Morocco does not operate a formal golden visa or citizenship-by-investment programme. Foreign nationals may obtain residency permits through employment, business registration, or study. Long-term residents can apply for a carte de sejour, which is renewable. The country has a relatively low cost of living compared to Europe and is a popular destination for digital nomads and retirees, though there is no dedicated visa pathway for passive investors.