22 Hrs
Source:
ناظورسيتي
Moroccan expatriates in Spain send 1.6 billion euros yearly
Remittances sent by Moroccans residing in Spain to Morocco reached approximately 1.59 billion euros in 2025, recording an increase of nearly 226% compared to 2015 when it was 487 million euros. Data shows that Spain has become the second largest source of financial transfers for Moroccans, accounting for about 13% of total remittances, after France, which holds around 30%. These transfers are significant for the Moroccan economy, representing around 7% of the GDP, and serve as an important support for the country’s hard currency reserves and financial stability.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)