Morocco could add 1.7 million jobs by 2035 and expand real GDP by close to 20% above its current trajectory if the government pursues a strong program of structural reforms, according to the World Bank Group.

The projections arrive as Morocco accelerates a broader reform agenda aimed at generating quality jobs for its growing youth population and positioning the country as a competitive destination for green and industrial investment in North Africa.

Two analytical reports released on April 28 by the World Bank Group, in close partnership with the Government of Morocco, map the structural shifts required to move the country from steady to transformative growth.

The reports, the Growth and Jobs Report and the Country Private Sector Diagnostic, together identify the reforms needed to connect macro policy with private investment opportunity.

The Country Private Sector Diagnostic pinpoints four sectors where catalyzing private investment holds the highest potential: decentralized solar power generation, low-carbon textiles, argan-based cosmetics, and marine aquaculture.

These sectors align with Morocco’s priorities for green growth, industrial upgrading, and regional development, yet private investment remains low relative to peer countries.

The core challenge, the diagnostic concludes, is not a lack of opportunity but policy and regulatory constraints, including administrative procedures, regulatory frameworks, and skills gaps that deter investors from acting on existing openings.

The report recommends that the government clarify specific regulations, streamline and digitalize permitting processes, improve access to land and green energy, and strengthen standards and traceability systems.

The World Bank’s financial commitment to Morocco’s reform agenda extends beyond the analytical work.

On April 10 2026, the World Bank’s Board of Directors approved a $500 million financing package under the First Morocco Jobs and Green Growth Development Policy Loan, designed to expand employment through improved labor market policies, more dynamic firms, and investment in clean energy and export-oriented industries.

The program aims to reach over 330,000 job seekers by 2029 and will support female labor force participation by adding over 40,000 new childcare places and creating 1,200 direct jobs for women in the sector.