Morocco’s financial sector grows 10% in 2024

Morocco’s financial sector grows 10% in 2024
Source: Encyclopedia of Nations / Caption: In 2024, Morocco’s overall economy grew by 3.8 percent

According to the 12th edition of the annual Financial Stability Report, Morocco’s financial sector reached 3.441 trillion dirhams in 2024, marking a 9.8 percent year-on-year increase.  Banks dominated the sector, representing 61 percent of total financial assets. The report went on to say that Morocco’s economy ‘remained adaptable” in the face of ongoing geopolitical tensions and recurring global economic headwinds.

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