Tourism,Morocco’s leading revenue source

Morocco’s tourism continues its impressive performance with 2.4% increase in receipts by the end of March 2025,compared to the same period in 2024,with nearly 24.63 billion dirhams (approximately $2.5 billion),the foreign exchange office said.

Tourism has emerged as Morocco’s leading revenue source,surpassing key sectors including automotive,chemicals,food,information technology,and even petroleum,according to the office’s latest data.

The travel balance showed a surplus of over 17.62 billion dirhams,improving by 1.5% year-on-year,while travel expenditures rose 4.8% to 7 billion dirhams.

Morocco welcomed a record 4 million tourists in the first quarter of 2025,representing a 22% increase from the same period in 2024. This surge directly supported travel receipts and reflects both the post-COVID rebound and the rapid recovery of international travel.

The impressive growth is attributed to several factors: mobilization of the Moroccan diaspora,opening to new tourism markets,improved air accessibility through increased flight frequencies and low-cost carriers,investments in tourism infrastructure,and targeted promotion efforts through digital campaigns and cultural events.

Meanwhile,remittances from Moroccans living abroad reached 26.22 billion dirhams by the end of March 2025,compared to 27.96 billion dirhams during the same period in 2024.

The tourism sector’s emergence as the country’s top revenue generator underscores its fundamental role in Morocco’s economy through substantial revenue generation,massive investment attraction,and significant job creation.