This note summarizes the economic and financial situation of enterprises in the modern sector in 2024, based
on data from the Statistical and Tax Returns (STR) of 1,129 enterprises representative of the national
productive fabric and classified by branch of activity. In total, these enterprises account for 88% of global
turnover and 75% of permanent jobs.
Against a backdrop of persistent crisis and geopolitical tensions, the global economy, which is
undergoing a major reconfiguration, has shown resilience. Global growth slowed from 3.5% in 2023
to 3.3% in 2024. Alongside this moderation in growth, global inflation continued to decelerate to 5.7% in
2024, after 6.6% in 2023, while global trade rebounded.
In this environment, national enterprises have shown dynamism. Indeed, overall pre-tax
revenue rebounded to 12.7% compared to an increase of only 0.9% in 2023. This change is
attributable, on the one hand, to the tertiary sector, which contributed 6.9 points following an 11.2%
consolidation in turnover; and, on the other hand, to the secondary sector, which saw a more significant
increase of 15.5%, after a 2.8% decline in 2023. The rise in input costs, particularly in the agri-food industries,
is disrupting production conditions, leading to an increase in the selling prices of manufactured goods in these
industries. However, enterprises’ profit margins have eroded by 1.1 points overall, reflecting a lower
replenishment of profits from sales of their products and services.
In line with this trend, value added grew by 6.8% in 2024, significantly higher than the 2.6%
recorded in 2023. This increase in added value resulted in a consolidation of the gross operating surplus,
which rose by 8.9% after remaining relatively stable at around 0.5% in 2023.
The number of permanent jobs increased by 2.5% in 2024, a more moderate rate compared to
the 5.1% rate recorded in 2023. This increase in employment, although relatively low, affected all three
sectors of activity (primary, secondary, and tertiary), particularly the primary sector, which led the way with
a rate of 5.7%, in line with an acceleration of investment in this sector.
