Morocco is bucking a global trend on corporate insolvencies, recording a decline in business failures at a time when the rest of the world is heading into a fifth consecutive year of rising defaults. According to a report published on April 22 by trade credit insurer Allianz Trade, Morocco’s corporate insolvencies fell two percent in 2025 to 15,307 cases, reversing a record peak of 15,658 recorded in 2024. The trend is expected to continue, with a further two percent decline forecast for 2026 and a four percent contraction in 2027.
The improvement places Morocco in a select group of economies expected to see insolvency reductions in 2026, alongside Hungary, Norway, Spain, Estonia, Singapore, and Denmark. At the…