Morocco 39th out of 49 countries

The payment behavior of Moroccan companies is deteriorating with payments taking between 120 and 150 days on average, according to Allianz Trade.

Morocco is poorly ranked in the area of ​​collection. It is, in fact, 39th out of 49 countries, in the collection complexity index developed by Allianz Trade, which measures how difficult it is to recover an outstanding payment, for a company, in a given country. It covers 49 countries which represent 90% of world GDP and 85% of international trade flows.

Morocco obtained a score of 57, slightly down on the previous edition. “This score represents a very high level of complexity,” note the report’s authors. Indeed, they explain, the DSO (average collection time) in Morocco remains high and the payment behavior of companies is deteriorating with payments being made between 120 and 150 days on average. “Various insolvency procedures are available in Morocco, but they remain complex, slow and generally ineffective in debt collection,” the report points out. Moreover, he notes, the exposure of Moroccan exporters to the complexity of international collection is high.

In fact, it is explained, among the 10 main trading partners of Morocco, 5 countries have a remarkable recovery complexity index and two countries obtain a very high index: the United States and India. In addition, Sweden, Germany and Finland are the three countries where collection of unpaid debts is the least complex. On the other hand, Saudi Arabia, Malaysia and the United Arabs are the worst rated. The report also notes that the collection complexity gap between advanced and emerging economies has narrowed: 20 out of 49 countries have seen their collection complexity index improve.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button