Moroccan expat remittances reach MAD 89.2 billion by end of August

Moroccan expat remittances reached a new high by the end of August 2026, underlining how central the diaspora has become to the national economy.

Moroccan expat remittances reach a new high

According to the latest figures from the Office des changes, money transfers from Moroccans living abroad totalled 89.215 billion dirhams by end-August 2026.

A year earlier, over the same period, these remittances stood at 81.846 billion dirhams. The year-on-year increase therefore reaches 9%.

For families in Morocco, this means more stable income and greater capacity to fund education, health expenses or housing projects. For Moroccans abroad, these numbers confirm that Moroccan expat remittances now carry significant weight in the country’s economic balance.

Travel and tourism: stronger balance supported by the diaspora

The Office des changes also reports a positive “Travel” balance of 74.621 billion dirhams, up 10.8%.

This performance is driven by stronger growth in travel receipts (+9.7% to 97.926 billion dirhams) than in travel spending (+6.6% to 23.305 billion dirhams).

Part of these receipts come from Moroccans abroad returning home for holidays, family events or to move forward with a gradual return project. This improvement in the travel balance creates a more favourable context to:

• plan longer stays in Morocco;
• combine holidays with property scouting or business meetings;
• test a gradual return, for example through remote work or hybrid activity between two countries.

In this environment, Moroccan expat remittances reinforce the confidence of banks and tourism operators in this regular flow of visitors and capital.

Foreign investments and Moroccan capital abroad: a more dynamic context

Beyond remittances, the Office des changes highlights a sharp rise in foreign direct investment (FDI). Net FDI inflows increased by 65% to 34.334 billion dirhams.

FDI receipts rose by 17% to 47.318 billion dirhams, while related expenditure fell by 33.9% to 12.984 billion dirhams.

At the same time, net flows of Moroccan direct investment abroad reached +6.667 billion dirhams, compared with +2.358 billion a year earlier.

For Moroccans abroad considering investing back home, these figures signal a country that remains attractive for foreign capital while still projecting itself internationally. This can support:

• partnerships between diaspora-owned companies and Moroccan firms;
• industrial or service projects that benefit from a more favourable climate for FDI;
• investment structures set up from abroad while keeping part of the activity in Morocco.

What this means for Moroccans living abroad

The current dynamic – strong this case, a healthier travel balance and rising FDI – offers clearer visibility for medium-term plans.

For Moroccans living abroad, this may translate into:

• more confidence to maintain or increase regular transfers;
• a good moment to consolidate a real estate or entrepreneurial project in Morocco;
• the option of preparing a gradual return, supported by a more dynamic domestic market.

Before committing to major projects, it remains important to combine these macroeconomic signals with practical information on procedures, banking conditions and travel options. Readers can consult our Canal212 guide on key procedures for Moroccans abroad, and check official airlines such as Royal Air Maroc to plan their journeys in detail.

For more context, readers can follow Canal212 news for Moroccans abroad.