Morocco | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source
Morocco | Domestic credit to private sector by banks (% of GDP)
10.83519129 1960
13.39381276 1961
13.28683131 1962
12.37450723 1963
11.48224125 1964
11.04557641 1965
11.54850234 1966
11.55941879 1967
13.2180006 1968
11.3292386 1969
10.58278807 1970
11.09635926 1971
11.98543585 1972
13.28448276 1973
13.52668456 1974
15.56732855 1975
16.21774955 1976
16.30982094 1977
15.92883562 1978
15.71932369 1979
12.90428534 1980
14.20143686 1981
15.26247339 1982
16.14126452 1983
16.37237923 1984
15.1931677 1985
1986
1987
1988
1989
13.70633933 1990
17.25389433 1991
19.65811803 1992
21.18158033 1993
21.48780813 1994
24.53418162 1995
24.06889659 1996
40.54118026 1997
37.52991801 1998
40.45960056 1999
43.66101075 2000
38.133607 2001
37.03591754 2002
36.30302764 2003
36.59064158 2004
39.78454177 2005
41.96924851 2006
50.4158079 2007
55.0588556 2008
58.04497022 2009
61.68199596 2010
64.7617613 2011
65.74378648 2012
62.86274101 2013
63.03970145 2014
58.39652293 2015
59.18966014 2016
58.22478357 2017
57.7666059 2018
58.81873593 2019
66.09587994 2020
62.29134007 2021
64.12373978 2022
Morocco | Domestic credit to private sector by banks (% of GDP)
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. 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).
Publisher
The World Bank
Origin
Kingdom of Morocco
Records
63
Source