Formal & Mobile Money Savings Statistics in Morocco (2026)
According to World Bank Global Findex data, 6.1% of adults in Morocco saved at a formal financial institution or using a mobile money account in 2024. Down from 7.6% in 2021 to 6.1% in 2024 (−1.6 percentage points). Morocco ranks #15 of 18 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #137 of 142 globally.
Key Statistics
- Latest value (2024)
- 6.1% (2024)
- Formal & Mobile Money Savings in Morocco as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −1.6 pp (2024)
- Down from 7.6% in 2021 to 6.1% in 2024 (−1.6 percentage points).
- Peak value (2021)
- 7.6% (2021)
- Highest value in the available series; the 2024 value is 6.1%.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #15 of 18 (2024)
- Morocco ranks 15 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #137 of 142 (2024)
- Morocco ranks 137 of 142 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 18.6% (2024)
- Morocco (6.1%) is below the average of 18.6% across the 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Saved at a bank or similar financial institution (% age 15+) (2024)
- 5.6% (2024)
- Related indicator from World Bank Global Findex.
- 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, 2021–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 6.1% | −1.6 pp |
| 2021 | 7.6% | — |
Frequently asked questions
What share of adults in Morocco saved at a formal financial institution or using a mobile money account?
6.1% of adults in Morocco saved at a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How does Morocco compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Morocco ranks 15 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 6.1% versus a regional average of 18.6% (latest values per country).
Where does Morocco rank globally on formal & mobile money savings?
Morocco ranks 137 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
When did formal & mobile money savings in Morocco peak?
The highest value in the available series was 7.6% in 2021; the latest (2024) value is 6.1%.
How recent is the formal & mobile money savings data for Morocco?
The most recent observation is from 2024. World Bank Global Findex data is reported with a lag, so 2024 is the latest available year for Morocco.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a.17a1.d, 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 .