Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Morocco
DDDI12MAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.61
Year-over-Year Change
-12.35%
Date Range
1/1/1960 - 1/1/2021
Summary
This economic trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Morocco's GDP. It serves as an indicator of financial intermediation and overall financial development in the Moroccan economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The private credit to GDP ratio tracks the level of financial intermediation in an economy. It shows the extent to which the private sector has access to credit from the formal financial system, which is crucial for private investment, economic growth, and development.
Methodology
The data is collected and reported by the World Bank based on financial sector and national accounts statistics.
Historical Context
Policymakers and analysts use this metric to assess the depth and efficiency of Morocco's financial system.
Key Facts
- Morocco's private credit to GDP ratio was 83.6% in 2020.
- The ratio has increased from around 60% in the early 2000s.
- Higher private credit access is linked to faster economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of private credit provided by deposit money banks and other financial institutions to Morocco's GDP. It serves as an indicator of financial intermediation and overall financial development.
Q: Why is this trend relevant for users or analysts?
A: The private credit to GDP ratio is a key metric for assessing the depth and efficiency of a country's financial system, which is crucial for private investment, economic growth, and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on financial sector and national accounts statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the financial intermediation and overall financial development in the Moroccan economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Morocco (DDDI12MAA156NWDB), retrieved from FRED.