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Source:
فبراير.كوم
Social Security enrolls 343,000 firms
Recent data shows that the number of companies enrolled in the National Social Security Fund increased to 343,350 companies in 2024, compared to around 274,000 in 2020. This reflects a growth in economic activity and expanded social coverage. The total wage bill reached a record high, exceeding 221 billion Dirhams in 2024, with a particular focus on very small enterprises, which account for 62% of the total and employ between 1 to 3 workers. Although companies with more than 200 employees represent less than 1% of all businesses, they contribute over 51% of the total wage bill. Additionally, the number of companies with larger payrolls increased from approximately 14,885 to 20,980 between 2020 and 2024. Meanwhile, the number of those leaving the fund rose to about 33,000, reflecting dynamic labor market conditions and changes within the business sector.
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