wafir.ma studies & observatories
Quantified and independent analyses of the Moroccan financial market. Free downloadable quarterly reports, sourced from official institutions (Bank Al-Maghrib, HCP, ACAPS, ANCFCC) and enriched with proprietary primary data.
All our studies
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Morocco MRE Transfers Observatory 2020-2026: 138 Billion MAD/year, Channels and Costs
138 billion MAD annual transfers (11% GDP), sending channels, average costs, usages — Complete study of #1 diaspora-Morocco financial flow
Morocco Savings Observatory 2020-2026: 720 Billion MAD, Diversification Boom
Total outstanding 720 billion MAD (+45% in 6 years), OPCVM/BTr/gold rise — Complete study of Moroccan savings behaviors
Morocco E-commerce Observatory 2020-2026: 6 Years of Explosion, 18 Billion MAD in Transactions
6.8 million online buyers, 18 billion MAD in 2025 payments, mature ecosystem — Complete study of Moroccan e-commerce
Morocco Health Insurance and AMO Observatory 2020-2026: 27M Covered, the Big Project
27 million Moroccans AMO covered, 4.8M private complementary, 105 billion MAD annual expenditure — Complete health system study
Morocco Participative Banks Observatory — 8-Year Review (2017-2026)
5 active banks, 28 billion MAD outstanding, 350,000 clients — Complete study of Moroccan Islamic finance ecosystem
Daam Sakane Program Observatory — 3-Year Review (March 2024 - November 2026)
65,000 cumulative beneficiaries, 12.5 billion MAD subsidies paid — Complete study of Morocco's flagship intermediate housing program
Moroccan Diaspora (MRE) Observatory — Q4 2026
6.2 million MRE in 100+ countries, 138 billion MAD in annual transfers — Complete study of profiles, financial behaviors and economic impacts
Morocco Auto Insurance Observatory — Q3 2026
Reference quarterly edition — premiums by profile/region, claims, 12-insurer comparison, H2 2026 forecasts
Morocco Real Estate Credit Observatory — Q3 2026
Reference quarterly edition — complete market analysis, rates by bank, borrower profiles and H2 2026 forecasts
Our methodology in 3 pillars
How our studies are built to guarantee you reliable and useful information.
Public institutional sources
Bank Al-Maghrib, HCP, ACAPS, ANCFCC, GPBM, CMI: we cross-reference official data published for each sector.
Proprietary primary data
Structured questionnaires from 10-12 institutions per sector (banks, insurers, fintech), aggregated and anonymized.
Qualitative field surveys
Representative panels of 800-1,800 users surveyed on their real experience to validate findings.
Independent studies
wafir.ma receives no funding from the institutions analyzed. Our approach remains exclusively editorial and factual. All our studies are free, with no registration condition or data resale.