Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Morocco
MARFCSODMFGGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.61
Year-over-Year Change
243.67%
Date Range
1/1/2004 - 1/1/2014
Summary
This economic trend tracks the outstanding loans from all microfinance institutions (MFIs) in Morocco as a percentage of the country's GDP. It provides insight into the level of financial inclusion and the role of microfinance in the Moroccan economy.
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: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Morocco metric measures the total value of outstanding loans from all registered MFIs in the country, expressed as a percentage of Morocco's gross domestic product (GDP). This indicator offers insights into the scale and penetration of microfinance services within the broader financial system.
Methodology
The data is collected directly from Morocco's microfinance institutions and aggregated by the national statistical agency.
Historical Context
Policymakers and financial sector analysts use this metric to assess the growth and impact of the microfinance industry in promoting financial inclusion and supporting small and medium-sized enterprises.
Key Facts
- Morocco's microfinance sector has experienced rapid growth in recent years.
- Microfinance loans account for over 5% of Morocco's GDP as of the latest data.
- The Moroccan government has prioritized financial inclusion as a key development strategy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loans from all registered microfinance institutions (MFIs) in Morocco, expressed as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and penetration of microfinance services within the Moroccan economy, which is a key indicator of financial inclusion and support for small and medium-sized enterprises.
Q: How is this data collected or calculated?
A: The data is collected directly from Morocco's microfinance institutions and aggregated by the national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and financial sector analysts use this metric to assess the growth and impact of the microfinance industry in promoting financial inclusion and supporting small and medium-sized enterprises in Morocco.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and coverage of Morocco's microfinance institutions, which may result in occasional update delays or gaps in the time series.
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Citation
U.S. Federal Reserve, Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Morocco (MARFCSODMFGGDPPT), retrieved from FRED.