2 days ago
Morocco Tops North Africa in Economic Freedom, Ranks 101st Globally
Rabat – Morocco continues to position itself as a key player in Africa's economic landscape, topping North Africa in economic freedom despite lingering structural challenges.
According to the 2025 Nomad Capitalist Freedom Index , Morocco ranks 101st out of 196 countries, with a balanced yet partial score reflecting its progress and room for improvement.
The index, compiled by the tax and migration advisory firm Nomad Capitalist, evaluates countries based on five pillars: financial freedom (30% of the score), asset protection (25%), human rights (20%), safety (15%), and quality of life (10%).
Morocco achieved a 30/50 score overall, with consistent ratings across each category.
Morocco's economic environment benefits from a clear legal framework that supports entrepreneurship. Article 35 of the Moroccan Constitution guarantees the freedom to do business and fair competition, while laws such as Law 104-12 on Competition aim to ensure market transparency and prevent monopolistic practices.
The country's growing digitalization has made it easier to start a business, reducing bureaucratic hurdles. Targeted tax incentives also make Morocco attractive to foreign investors. Its stable monetary policy, controlled inflation, and strong international trade networks provide a favorable setting for entrepreneurs and investors alike.
However, the road to greater economic freedom is not without obstacles. Administrative delays, legal opacity, a pervasive informal sector, and a rigid labor market continue to impede Morocco's full potential.
Regional Leadership
Within the Arab world and across Africa, Morocco stands out as one of the leaders in economic openness. It ranks first in North Africa, surpassing several regional peers thanks to fiscal reforms, robust public investment strategies, and deliberate efforts to attract international talent.
Other reports, including studies by the Heritage Foundation, also highlight Morocco's openness to market economies and its relative stability in an era of global uncertainty — a quality particularly valued by businesses seeking predictable and secure environments.
While Morocco's score remains below that of better-performing African nations such as Ghana or Cape Verde, which achieved scores around 39.5/50. Strengthening the rule of law, improving property rights protection, and enhancing the business climate further could propel Morocco higher in future rankings.
For now, the county demonstrates both ambition and progress. Its challenge lies in translating political vision into tangible outcomes and ensuring that its economic freedom is not just robust on paper, but fully realized in practice. Tags: Economic Freedom IndexMoroccoMorocco economy
