Morocco - Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Morocco was 69.92 as of 2020. Its highest value over the past 60 years was 71.55 in 2012, while its lowest value was 10.58 in 1970.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 10.84
1961 13.39
1962 13.29
1963 12.37
1964 11.48
1965 11.05
1966 11.55
1967 11.56
1968 13.22
1969 11.33
1970 10.58
1971 11.10
1972 11.99
1973 13.28
1974 13.53
1975 15.57
1976 16.22
1977 16.31
1978 15.93
1979 15.72
1980 12.90
1981 14.20
1982 15.26
1983 16.14
1984 16.37
1985 15.19
1990 13.71
1991 17.25
1992 19.66
1993 21.18
1994 21.49
1995 24.53
1996 24.07
1997 40.54
1998 41.74
1999 44.96
2000 48.34
2001 42.36
2002 41.28
2003 40.46
2004 40.57
2005 43.94
2006 46.40
2007 55.46
2008 60.60
2009 63.20
2010 66.74
2011 70.33
2012 71.55
2013 68.11
2014 68.22
2015 63.73
2016 63.92
2017 62.93
2018 62.29
2019 63.26
2020 69.92

Development Relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure.

Limitations and Exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Statistical Concept and Methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets