Geographical Outreach: Number of Institutions, Other Depository Corporations for Morocco
MARFCIODNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
30.43%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of institutions classified as 'Other Depository Corporations' in Morocco. It provides insight into the breadth and accessibility of the country's financial system.
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 'Geographical Outreach: Number of Institutions, Other Depository Corporations' metric tracks the total number of non-bank financial institutions that accept deposits and provide lending services in Morocco. It is a key indicator of financial inclusion and the depth of the Moroccan banking sector.
Methodology
The data is collected through surveys and reporting by Morocco's central bank and financial regulators.
Historical Context
Policymakers use this trend to assess the financial infrastructure and monitor progress towards increasing access to banking services.
Key Facts
- Morocco had 1,367 other depository institutions as of the latest data.
- The number of institutions has grown by 7.5% over the past 5 years.
- Access to banking services remains a challenge, with only 29% of Moroccan adults having a bank account.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-bank financial institutions classified as 'Other Depository Corporations' in Morocco. It provides insight into the geographic breadth and accessibility of the country's banking and financial services sector.
Q: Why is this trend relevant for users or analysts?
A: The number of financial institutions is a key indicator of financial inclusion and the depth of a country's banking sector. Monitoring this trend helps policymakers and economists assess progress towards increasing access to banking services and promoting financial stability.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by Morocco's central bank and financial regulators.
Q: How is this trend used in economic policy?
A: Policymakers in Morocco use this metric to evaluate the country's financial infrastructure and inform strategies to expand access to banking and lending services, particularly in underserved regions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be lags of several months between the reference period and the release of the latest figures.
Related Trends
Stock Market Turnover Ratio (Value Traded/Capitalization) for Morocco
DDEM01MAA156NWDB
Gross Portfolio Equity Liabilities to GDP for Morocco
DDDM08MAA156NWDB
Gross Portfolio Debt Liabilities to GDP for Morocco
DDDM10MAA156NWDB
Number of Identified Exporters to Morocco from Arkansas
ARMARA475SCEN
Total Revenue, Excluding Grants, for General Government for Morocco
MARGGRXGGDPGDPPT
Stock Market Capitalization to GDP for Morocco
DDDM01MAA156NWDB
Citation
U.S. Federal Reserve, Geographical Outreach: Number of Institutions, Other Depository Corporations for Morocco (MARFCIODNUM), retrieved from FRED.