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Morocco : 2018 in Figures

Categories : Cash is a public good, Cash is a symbol of national sovereignty

August 30, 2019

Published in : Cash, Cash cycle efficiency, Circulation, Morocco

Here's what you need to know about cash in Morocco! Have a look at our infographic to find out more.

CashEssentials brings you some exciting updates on cash in Morocco! Have a look at our infographic and download the document below.

Highlights:

Cash in Circulation in Morocco has reached 23% of GDP in 2018, one of the highest levels in the world. This places Morocco ahead of Japan (21%), Hong Kong (17%) and Switzerland (12%).
Cash in Circulation grew by 7% in 2018, both in value and in volume.
According to the central bank, growth is due to the high usage of cash in transactions.
95% of all payments are made in cash and 82% of payment card transactions are cash withdrawals.

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