Morocco’s Business Risk Profile in 2026
Morocco has been categorized as a medium-risk country for business in the 2026 edition of the Control Risks global risk map. This classification places the nation between higher-risk North African neighbors and lower-risk Gulf states, according to reports.
According to the report, Morocco is assessed at a mid-level on a ten-step risk index. The country is grouped in the same overall tier as major economies such as the United States, Brazil, Mexico, India, and South Africa. However, Morocco is considered more favorable than nearby countries like Algeria, Tunisia, and Egypt, which are labeled as high-risk markets. Libya, in particular, is noted as being in an even higher risk band.
In the Middle East and North Africa (MENA) region, Morocco is presented as having a similar risk profile to Saudi Arabia. It is slightly riskier than Gulf economies such as the United Arab Emirates, Oman, and Qatar, which are described as low-risk environments.
Western European countries, including Spain, Portugal, and France, along with Canada, Australia, and the Nordic states, are generally placed in low-risk categories. On the other hand, countries such as Russia, Sudan, and Afghanistan are grouped among very high or extreme risk environments.
Understanding the RiskMap 2026
Control Risks designed its RiskMap 2026 as an annual forecast for businesses. The report combines political, security, and operational analysis to help guide investment and operating decisions. This year’s outlook focuses on what the firm refers to as “activated societies,” where communities mobilize around grievances, inequality, and distrust.
The firm warns companies to prepare for more frequent and diverse social protests and targeted violence in the coming year. These challenges are expected to impact business operations across various regions.
Morocco’s Historical Risk Assessment
Morocco’s position on the 2026 map aligns with earlier editions, where the country has typically been rated in a moderate risk band for business relative to other states in North Africa and the wider region. While the latest edition includes full country-by-country details in the firm’s proprietary interactive map, the overall assessment remains consistent with previous years.
Key Takeaways from the Report
- Risk Categories: Morocco is classified as medium risk, placing it between higher-risk North African nations and lower-risk Gulf states.
- Global Comparisons: The country shares the same risk tier as major economies like the United States, Brazil, and India.
- Regional Context: Morocco has a similar risk profile to Saudi Arabia but is riskier than Gulf states such as the UAE, Oman, and Qatar.
- High-Risk Countries: Algeria, Tunisia, Egypt, Libya, Russia, Sudan, and Afghanistan are all categorized as high or extreme risk.
- Business Implications: Companies should anticipate increased social unrest and targeted violence, especially in activated societies.
Conclusion
The 2026 RiskMap by Control Risks highlights the evolving landscape of global business risks. For Morocco, the medium-risk classification suggests that while challenges exist, the country remains a viable option for investment compared to its regional peers. Businesses must stay informed and prepared for potential disruptions, particularly in areas marked by social unrest or political instability.