Morocco's Tourism Revenue Up by 202% in Q3

Morocco's tourism revenues soared by 202 percent year on year in the third quarter of 2021, posing a recovery momentum in the sector badly hit by the COVID-19 pandemic, the Ministry of Finance said Monday in a report.

The tourism revenues in the quarter totaled USD 1.75 billion, the report said.

In 2020, Morocco's revenues from tourism dropped by 53.8% due to the impacts of COVID-19, while the number of inbound tourists fell by 72.3 percent.

Morocco's economy relies heavily on tourism, which took up seven percent of the North African country's gross domestic product in 2019.

It is also one major source of the country's foreign currency, and creates nearly 550,000 direct jobs annually.