Remittances from Moroccans residing abroad are consolidating their position as a strategic pillar of the Moroccan economy, reaching MAD 39.97 billion by the end of April 2026, compared with MAD 36.42 billion a year earlier, representing an increase of nearly 10%.

Over the same period, tourism revenues reached MAD 34.55 billion, despite a strong 27% increase. As a result, remittances from Moroccans residing abroad exceeded tourism revenues in terms of foreign-currency earnings.

These flows account for approximately 7.8% of GDP and directly contribute to strengthening foreign-exchange reserves, supporting the balance of payments and household incomes.

According to available data, nearly 87% of transferred funds are allocated to current consumption, highlighting, on the one hand, their immediate social impact on households and, on the other, the significant potential to channel part of these savings toward productive investment and sustainable value creation.

Thanks to their regularity and sustained growth, remittances from Moroccans residing abroad have become a genuine economic and financial shock absorber, alongside tourism, exports and foreign investment. They also represent a major source of foreign currency and an important factor supporting the Kingdom’s financial and economic stability.