A new statistical report based on Forex data highlights wide disparities among Arab countries in their reliance on cash transactions, reflecting contrasting payment habits and levels of financial digitisation across the region.
Morocco is classified among countries with moderate dependence on cash, with cash transactions accounting for about 65 percent of total financial activity.
This places the kingdom between heavily cash-based economies and those that have made significant progress toward electronic payments.
Lebanon tops the regional ranking, with cash use reaching 90 percent, followed by Iraq at 85 percent. Egypt and Jordan also remain highly cash-dependent, both recording levels of around 80 percent, underscoring the continued dominance of physical currency in daily transactions.
At the other end of the spectrum, Gulf states show much lower reliance on cash. Cash use stands at 30 percent in Saudi Arabia and Kuwait, drops to 25 percent in Qatar, and falls further to just 20 percent in the United Arab Emirates and Bahrain.
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