Total Credit — Value Standard Local Currency in Morocco
Morocco: Total Credit — Value Standard Local Currency was 1.16 million million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency in Morocco, 2006–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Morocco recorded 1.16 million million SLC for total credit — value standard local currency in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 52.6% over ten years.
Over the whole period, total credit — value standard local currency in Morocco peaked at 1.16 million million SLC in 2024 and was at its lowest, 325,582 million SLC, in 2006.
That places Morocco 66th out of 165 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Total Credit — Value Standard Local Currency in Morocco, year by year
| Year | million SLC | Change |
|---|---|---|
| 2006 | 325,582 million SLC | — |
| 2007 | 424,406 million SLC | +30.4% |
| 2008 | 526,190 million SLC | +24.0% |
| 2009 | 577,084 million SLC | +9.7% |
| 2010 | 621,486 million SLC | +7.7% |
| 2011 | 687,333 million SLC | +10.6% |
| 2012 | 719,201 million SLC | +4.6% |
| 2013 | 747,008 million SLC | +3.9% |
| 2014 | 763,401 million SLC | +2.2% |
| 2015 | 784,991 million SLC | +2.8% |
| 2016 | 817,691 million SLC | +4.2% |
| 2017 | 843,308 million SLC | +3.1% |
| 2018 | 870,616 million SLC | +3.2% |
| 2019 | 917,152 million SLC | +5.3% |
| 2020 | 960,100 million SLC | +4.7% |
| 2021 | 984,900 million SLC | +2.6% |
| 2022 | 1.06 million million SLC | +7.5% |
| 2023 | 1.11 million million SLC | +5.3% |
| 2024 | 1.16 million million SLC | +4.5% |
Morocco compared with similar countries
- Morocco's 1.16 million million SLC is above the median for lower middle income countries, which is 487,892 million SLC, 2.4× the median. (38 countries reporting)
- Morocco's 1.16 million million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 358,814 million SLC, 3.2× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Total Credit — Value Standard Local Currency in Morocco changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +30.4% | 325,582 million SLC | 424,406 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 463,316 million SLC | 325,582 million SLC | 577,084 million SLC | 4 |
| 2010s | 777,219 million SLC | 621,486 million SLC | 917,152 million SLC | 10 |
| 2020s | 1.06 million million SLC | 960,100 million SLC | 1.16 million million SLC | 5 |
Countries ranked near Morocco
More agriculture & rural data for Morocco
- Agriculture, forestry, and fishing, value added (current US$), annual 13.33 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.1055 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 500.5 current US$ per person (2025)
- Rural population, annual growth rate 0.0275 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.3687 units per person (2025)
- Share of GDP from agriculture 10.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 10.5% (2025)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 1.1% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Morocco?
- Total credit — value standard local currency in Morocco was 1.16 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Morocco?
- The highest recorded value was 1.16 million million SLC in 2024.
- What is the lowest total credit — value standard local currency recorded in Morocco?
- The lowest recorded value was 325,582 million SLC in 2006.
- How does Morocco rank for total credit — value standard local currency?
- Morocco ranks 66th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Morocco?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is rising.
- Where does this Morocco data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.