KEY FACTS AT A GLANCE
Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 14.1% (MAD111.0bn or US$14,454.3mn) in 2010 to 16.7% (MAD247.0bn or US$28,351.2mn) by 2020.
Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 1,334,000 jobs in 2010, 12.2% of total employment or 1 in every 8.2 jobs to 1,904,000 jobs, 14.5% of total employment or 1 in every 6.9 jobs by 2020.
Growth
Real GDP growth for Travel & Tourism economy is expected to be 0.3% in 2010 and to average 5.8% per annum over the coming 10 years.
Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 30.3% of total exports (MAD64.9bn or US$8,453.4mn) in 2010, growing (nominal terms) to MAD163.2bn or US$18,728.9mn (27.0% of total) in 2020.
Investment
Travel & Tourism investment is estimated at MAD28.5bn, US$3,707.7mn or 11.0% of total investment in 2010. By 2020, this should reach MAD57.5bn, US$6,602.2mn or 11.8% of total investment.
WORLD RANKING
The Morocco Travel & Tourism economy is ranked number:
- 45 in absolute size worldwide
- 42 in relative contribution to national economies
- 46 in long-term (10-year) growth
(181 countries are estimated by WTTC / OE)
Morocco Economic Forecast Data
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Morocco Economic Forecast Data
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