Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Morocco
MARFCIOFMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-15.38%
Date Range
1/1/2004 - 1/1/2023
Summary
This trend tracks the number of non-deposit taking microfinance institutions (MFIs) in Morocco, providing insight into the geographical reach and scale of the country's microfinance sector.
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 number of MFIs in Morocco is an important indicator of financial inclusion and access to credit for underserved populations. Policymakers and analysts use this data to evaluate the growth and development of Morocco's microfinance industry.
Methodology
The data is collected and reported by Morocco's central bank.
Historical Context
This metric is used to assess progress towards financial sector development goals in Morocco.
Key Facts
- Morocco had 13 non-deposit taking MFIs in 2021.
- Microfinance accounts for 1.3% of Morocco's GDP.
- 99% of Moroccan MFI clients are individuals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of non-deposit taking microfinance institutions (MFIs) operating in Morocco, providing insight into the geographic reach and scale of the country's microfinance sector.
Q: Why is this trend relevant for users or analysts?
A: The number of MFIs is an important indicator of financial inclusion and access to credit for underserved populations in Morocco. Policymakers and analysts use this data to evaluate the growth and development of the microfinance industry.
Q: How is this data collected or calculated?
A: The data is collected and reported by Morocco's central bank.
Q: How is this trend used in economic policy?
A: This metric is used to assess progress towards financial sector development goals in Morocco, particularly in expanding access to credit and financial services for underserved populations.
Q: Are there update delays or limitations?
A: The data is published with a lag, but provides a reliable indicator of the overall trends in Morocco's microfinance sector.
Related Trends
Central Bank Assets to GDP for Morocco
DDDI06MAA156NWDB
Number of Identified Exporters to Morocco from Delaware
DEMARA475SCEN
Total Revenue, Excluding Grants, for General Government for Morocco
MARGGRXGGDPGDPPT
Number of Identified Exporters to Morocco from Washington
WAMARA475SCEN
Value of Exports to Morocco from Tennessee
TNMARA052SCEN
Credit to Government and State-Owned Enterprises to GDP for Morocco
DDEI08MAA156NWDB
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Morocco (MARFCIOFMFNNUM), retrieved from FRED.