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|
 |
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|
Money and Credit |
 |
| |
|
|
|
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
| MONEY (in million DH) |
|
|
|
|
|
|
|
|
|
|
|
|
| Liquidity position (M1) |
181 263 |
216 091 |
243 798 |
268 146 |
292 295 |
328 907 |
385 221 |
457 183 |
488 887 |
525 390 |
549 488 |
586 777 |
| Change |
8,2% |
19,2% |
12,8% |
10,0% |
9,0% |
12,5% |
17,1% |
18,7% |
6,9% |
7,5% |
4,6% |
6,8% |
| M1 in % of GDP |
46,1% |
50,7% |
54,7% |
56,2% |
57,9% |
62,3% |
66,7% |
74,2% |
71,0% |
71,7% |
71,9% |
73,1% |
| Sight deposits (M2-M1) |
35 240 |
39 815 |
43 314 |
48 001 |
53 214 |
59 429 |
65 446 |
72 421 |
79 869 |
87 336 |
94 026 |
102 914 |
| Change |
6,6% |
13,0% |
8,8% |
10,8% |
10,9% |
11,7% |
10,1% |
10,7% |
10,3% |
9,3% |
7,7% |
9,5% |
| Time deposits (M3-M2) |
76 281 |
89 917 |
94 385 |
95 360 |
100 374 |
120 234 |
149 896 |
176 339 |
231 625 |
244 293 |
254 825 |
266 970 |
| Change |
9,9% |
17,9% |
5,0% |
1,0% |
5,3% |
19,8% |
24,7% |
17,6% |
31,4% |
5,5% |
4,3% |
4,8% |
| FOREIGN ASSETS |
54 685 |
100 144 |
105 127 |
123 383 |
135 565 |
149 981 |
173 766 |
188 142 |
181 715 |
176 397 |
187 672 |
166 737 |
| Change |
-7,5% |
83,1% |
5,0% |
17,4% |
9,9% |
10,6% |
15,9% |
8,3% |
-3,4% |
-2,9% |
6,4% |
-11,2% |
| CLAIMS ON THE TREASURY |
85 934 |
4 348 |
4 957 |
4 279 |
2 896 |
48 |
-646 |
4 336 |
6 438 |
3 332 |
3 524 |
2 216 |
| Change |
13,0% |
-94,9% |
14,0% |
-13,7% |
-32,3% |
-98,3% |
-1442,1% |
-771,0% |
48,5% |
-48,2% |
5,7% |
-37,1% |
| Lending to the economy (including BAM) |
208 022 |
216 901 |
228 422 |
239 355 |
262 460 |
295 604 |
358 402 |
462 038 |
581 271 |
648 383 |
718 323 |
792 653 |
| Change |
7,7% |
4,3% |
5,3% |
4,8% |
9,7% |
12,6% |
21,2% |
28,9% |
25,8% |
11,5% |
10,8% |
10,3% |
| MONEY SUPPLY (M3) |
292 784 |
345 823 |
381 497 |
411 507 |
445 883 |
508 570 |
600 563 |
705 944 |
800 381 |
857 019 |
898 339 |
956 662 |
| Change |
8,4% |
18,1% |
10,3% |
7,9% |
8,4% |
14,1% |
18,1% |
17,5% |
13,4% |
7,1% |
4,8% |
6,5% |
| M3 in % of GDP |
74,4% |
81,1% |
85,6% |
86,3% |
88,3% |
96,4% |
104,0% |
114,6% |
116,2% |
117,0% |
117,6% |
119,2% |
| Liquid investment aggregates (Total LI) |
- |
- |
- |
- |
- |
233 153 |
257 903 |
246 744 |
258 573 |
267 318 |
334 472 |
345 082 |
| (PL + M3) en % du PIB |
- |
- |
- |
- |
- |
97,1% |
112,4% |
124,7% |
138,6% |
147,2% |
161,4% |
170,4% |
| CREDIT (in million DH) |
|
|
|
|
|
|
|
|
|
|
|
|
| BANKING LOANS TO THE ECONOMY |
200 553 |
204 873 |
211 092 |
224 369 |
241 513 |
270 758 |
325 582 |
424 406 |
526 189 |
577 083 |
621 356 |
686 423 |
| Additional flow |
17 023 |
4 320 |
6 219 |
13 277 |
17 144 |
29 245 |
54 825 |
98 824 |
101 783 |
50 894 |
44 273 |
65 066 |
| Change |
9,3% |
2,2% |
3,0% |
6,3% |
7,6% |
12,1% |
20,2% |
30,4% |
24,0% |
9,7% |
7,7% |
10,5% |
| in % of GDP |
51,0% |
48,0% |
47,4% |
47,0% |
47,8% |
51,3% |
56,4% |
68,9% |
76,4% |
78,8% |
81,3% |
85,5% |
| - Short term |
120 113 |
124 125 |
130 543 |
138 800 |
103 252 |
114 993 |
138 055 |
174205 |
219873 |
232631 |
229328 |
|
| Structure in % |
59,9% |
60,6% |
61,8% |
61,9% |
42,8% |
42,5% |
42,4% |
41,0% |
41,8% |
40,3% |
36,9% |
|
| - Medium and Long term |
84 333 |
83 901 |
83 741 |
92 468 |
95 968 |
119 534 |
153 696 |
215056 |
275804 |
313494 |
362261 |
|
| Structure in % |
42,1% |
41,0% |
39,7% |
41,2% |
39,7% |
44,1% |
47,2% |
50,7% |
52,4% |
54,3% |
58,3% |
|
|
|
Source: DTFE |
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Updated: 28/11/2012 |
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