1
Population of 36.3 million and a YoY growth rate of 1.2%
MOROCCO
Morocco Analytics
Morocco is one of the most interesting markets in Africa for digital merchants. It has close relationship with major economies in the EU.
2
A dynamic population with a median age of 27 years
3
GDP of USD 126 billion in 2021 expected to grow to USD 167 billion in 2026
4
GDP per capita of USD 3,470 in 2021 is expected to grow to USD 4,380 in 2026
12.3 Million have purchased goods online in 2020
74.4% Online Users
59.3% Active on social media
98.1% Aged 16 to 64 own a smartphone
27.6 Million Internet users (+9.1% YoY)
1 USD Billion online consumer goods sales in 2020 (+28% YoY)
Mobile internet is faster than fix internet connections in Morocco
Moroccans prefer to pay with Cash or Cash like payment methods such as Cash
Plus.
Any cross-border merchant must offer its consumers Cash like payment methods
to eliminate drop offs due to missing payment methods on its billing page.
Cross Switch enables any cross-border merchant to offer all locally available payment methods to its customers.
International branded Credit and Debit Cards
Local Branded Cards - CMI
Cash Payment Methods
Statistics
Countries
