Tourism: a driver of growth
Tourism plays a major role in the Moroccan economy and is increasingly gaining more importance. This industry has helped promote economic and social growth, particularly by generating income and creating jobs.
Ergo, Morocco has placed, mainly during the last two decades, great emphasis on tourism activities in its development policy.
Second contributor to the national GDP and second job creator
Tourism contributes significantly to creating wealth, reducing unemployment and poverty, with a global tourism demand that accounts for 11% of GDP. The sector is also a major provider of jobs with 532 000 direct jobs in 2017, which is nearly 5% of jobs in the overall economy.
A major contributor to the balance of payments
Tourism also plays a vital role as the Kingdom’s source for generating foreign currency, together with the remittances of nationals residing abroad. In fact, receipts (excluding international transport) generated by non-resident tourists in Morocco reached nearly Dh 71.9 bn in 2017. These receipts in foreign currency account for about 19%* of exports of goods and services in 2017.
International tourism is up slightly in Morocco
Tourism ended 2017 on a positive note, strengthened by the results achieved during the last months. In fact, non-resident tourist arrivals totalled 11.35m tourists, a 10% increase compared to 2016.
A growing bed capacity
At the end of 2017, classified bed capacity attained 251 206 beds, accounting for about 8499 additional beds compared to 2016. Three, four, and five-star hotels and hotel clubs represent 49% of the overall classified tourism accommodation establishments.
* Source: Moroccan Foreign Exchange Office