Country Financial Sector Profilesback

Financial Sector Overview

Morocco officially the Kingdom of Morocco , is a country located in the far west of North Africa with an area of 710,850 km2 (274,460 sq mi). Its capital is Rabat, the largest city Casablanca. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, bordered to the east by Algeria and to the south by Mauritania. Morocco claims the areas of Ceuta, Melilla and Peñón de Vélez de la Gomera, all of them currently under Spanish jurisdiction.

Source

At a Glance

Population in thousands (2017): 35,739.58
GDP per capita (current US$) 2017 - World Average 10,721.61: 3,007.24
Account (%) age 15+) - (2014 vs 2017): 29% (2017)
Agriculture Orientation Index - Credit (Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.34 | 0.32
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 108.83
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 17% (2017)
Remittances % of GDP for 2017: 0.067
Mortgage Interest Rate / Mortgage Term (years): 4.96% | 21

Donor Projects Database

Projects

Latest News & Events

Apr 01, 2019 | European Investment Bank (EIB)
The European Investment Bank (EIB) has signed a commitment of USD 15 million with the SPE Africa Industrialization I Fund (AIF I), a

Latest Publications

Oct 31, 2018 | Affordable Housing Institute | CAHF
Sep 30, 2018 | African Development Bank (AfDB) | AfDB
Sep 30, 2018 | International Trade Centre (ITC) | ITC
May 31, 2018 | A. Silva, M. Khaled, K. Beshay | IFC
Mar 31, 2017 | N. Chehade, A. Navarro, Y. Barnier et al. | CGAP, Arab Monetary Fund