Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Morocco

MARFCSODCXDC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,111,135,000,000.00

Year-over-Year Change

62.12%

Date Range

1/1/2004 - 1/1/2023

Summary

This economic trend measures the outstanding loans at commercial banks in Morocco, providing insight into the use of financial services and access to credit in the country.

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 Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Morocco metric tracks the total value of loans issued by commercial banks operating in the Moroccan market. This data point is a key indicator of financial intermediation and the level of credit available to businesses and individuals.

Methodology

The data is collected and reported by the Moroccan central bank.

Historical Context

This trend is used by economists and policymakers to assess the depth and health of Morocco's financial system.

Key Facts

  • Morocco is a leading financial center in North Africa.
  • Commercial bank loans account for over 80% of total credit in Morocco.
  • Outstanding loans have grown by 5% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of outstanding loans issued by commercial banks operating in Morocco.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the depth and health of Morocco's financial system and the level of credit available to businesses and individuals.

Q: How is this data collected or calculated?

A: The data is collected and reported by the Moroccan central bank.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to assess the state of Morocco's financial intermediation and credit markets.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis with a typical 2-month delay.

Related Trends

Citation

U.S. Federal Reserve, Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Morocco (MARFCSODCXDC), retrieved from FRED.