Morocco Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Morocco's domestic credit was 144.49% in 2025, ranked 6th globally. This represents a 6.0% increase from 2024. Data from World Bank, covering 2010–2025.
Overview
Morocco's domestic credit stood at 144.49% in 2025, a rise of +8.12% from 2023. Based on recent trends, this figure is projected to reach 144.49% by 2025. Morocco ranked 6th globally.
Morocco’s domestic credit to the private sector has risen steadily over the 15‑year span from 110.39 in 2010, the all‑time trough, to 144.49 in 2025, placing the kingdom sixth globally. The upward trajectory peaked at 149.60 in 2020 before a modest retreat, suggesting that the post‑pandemic rebound was strong but not fully sustained. Compared with peer economies, Morocco’s credit level remains below New Zealand’s 155.56 and Fiji’s 153.06, yet it exceeds Chile’s 121.21 and Norway’s 111.02, reflecting a relatively robust financing environment in North Africa. The consistent expansion of credit aligns with broader financial deepening policies and rising demand for private investment, although the slight decline from the 2020 apex indicates sensitivity to external shocks and domestic monetary tightening. Continued improvement will likely depend on maintaining macro‑stability, expanding financial inclusion, and mitigating global risk factors that could otherwise curb the credit growth trend.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 145.24% | - | - |
| 2025* trend | 144.49% | - | - |
| 2025 | 144.49% | +8.12% | #6 |
| 2023 | 136.38% | −10.05% | #43 |
| 2022 | 146.43% | +2.30% | #47 |
| 2021 | 144.12% | −5.47% | #46 |
| 2020 | 149.60% | +18.52% | #45 |
| 2019 | 131.08% | +3.98% | #44 |
| 2018 | 127.10% | +2.70% | #43 |
| 2017 | 124.40% | +1.73% | #45 |
| 2016 | 122.67% | +5.55% | #44 |
| 2015 | 117.12% | −5.10% | #41 |
| 2014 | 122.22% | +2.02% | #40 |
| 2013 | 120.20% | −1.16% | #39 |
| 2012 | 121.36% | +4.40% | #39 |
| 2011 | 116.96% | +6.57% | #38 |
| 2010 | 110.39% | – | #36 |
Detected Pattern
Analysis
Morocco matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Morocco's domestic credit was 144.49% in 2025. Ranked 6th globally. This represents a 6.0% increase from the previous year.
Morocco's domestic credit peaked at 149.60% in 2020.
The lowest domestic credit in Morocco was 110.39% in 2010.
Morocco ranks 6th globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Morocco's domestic credit is projected to reach 144.49% by 2025 based on trend extrapolation.
The domestic credit of Morocco in 2025 was 144.49%. This ranks 6th in the world.
Cite this page
@misc{historysaid_morocco_domestic-credit,
title = {Morocco Domestic Credit},
url = {https://historysaid.com/morocco/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}