Morocco: Financial markets development, efficiency

The latest value from 2021 is 0.068 index points, unchanged from 0.068 index points in 2020. In comparison, the world average is 0.325 index points, based on data from 93 countries. Historically, the average for Morocco from 1980 to 2021 is 0.057 index points. The minimum value, 0.016 index points, was reached in 1980 while the maximum of 0.109 index points was recorded in 2010. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Measures the efficiency of financial markets using the following variable: Stock market turnover ratio (stocks traded to capitalization). See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.