Business Investment Financing Statistics in Morocco (2026)
According to World Bank World Development Indicators data, 46.5% of firms in Morocco used banks to finance investment in 2023. Up from 43.9% in 2019 to 46.5% in 2023 (+2.6 percentage points). Morocco ranks #4 of 14 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #16 of 144 globally.
Key Statistics
- Latest value (2023)
- 46.5% (2023)
- Business Investment Financing in Morocco as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2019
- +2.6 pp (2023)
- Up from 43.9% in 2019 to 46.5% in 2023 (+2.6 percentage points).
- Earliest value in this dataset (2007)
- 12.3% (2007)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 12.3% in 2007 to 46.5% in 2023.
- Record high (2023)
- 46.5% (2023)
- The 2023 value is the highest in the available World Bank World Development Indicators series for Morocco.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #4 of 14 (2023)
- Morocco ranks 4 of 14 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #16 of 144 (2023)
- Morocco ranks 16 of 144 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 27.5% (2023)
- Morocco (46.5%) is above the average of 27.5% across the 14 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Firms with a bank loan/line of credit (% of firms) (2023)
- 22% (2023)
- Related indicator from World Bank World Development Indicators.
- Internet use in Morocco (2024)
- 91.2% (2024)
- 91.2% of the population in Morocco used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 38.1 million (2024)
- Morocco had a population of 38.1 million in 2024 (World Bank); shown for scale only.
Trend, 2007–2023
| Year | % of firms | Change |
|---|---|---|
| 2023 | 46.5% | +2.6 pp |
| 2019 | 43.9% | +9.1 pp |
| 2013 | 34.8% | +22.5 pp |
| 2007 | 12.3% | — |
Frequently asked questions
What share of firms in Morocco used banks to finance investment?
46.5% of firms in Morocco used banks to finance investment in 2023, according to World Bank World Development Indicators data.
How has business investment financing in Morocco changed over time?
World Bank World Development Indicators data show a rise from 12.3% in 2007 to 46.5% in 2023.
How does Morocco compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Morocco ranks 4 of 14 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 46.5% versus a regional average of 27.5% (latest values per country).
Where does Morocco rank globally on business investment financing?
Morocco ranks 16 of 144 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the business investment financing data for Morocco?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Morocco.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKS.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .