Rabat – November 1, 2025 – Revenues from “travel” (tourism and travel) in Morocco recorded more than 100 billion Moroccan dirhams (MMDH) by the end of the ninth month of 2025, compared to 87.24 billion dirhams in the same period last year, according to a statement issued by the Office des Changes (Foreign Exchange Office). This figure reflects growth of 14.7% year-on-year, reinforcing tourism’s role as a key driver of the national economy.
The Office clarified in its monthly bulletin on foreign exchange indicators that these revenues include payments related to tourist stays and travel, and come in the context of a strong recovery for the tourism sector following the COVID-19 pandemic, supported by international promotional efforts and infrastructure investments.
Increase in Tourism Spending with Improved Balance
- Spending: Rose by 9.5% to reach 24.4 billion dirhams, reflecting an increase in inbound tourism and domestic spending on foreign trips.
- Balance: The “travel” balance improved by 16.4% to reach more than 75.63 billion dirhams, contributing to strengthening the Kingdom’s foreign reserves.
This improvement is part of a positive trend accelerating in recent months, with revenues reaching 87.59 billion dirhams in the first eight months, growing 14%, while recording more than 13.54 million border-crossing tourists, representing a 15% increase over the previous year.
Annual Targets and National Strategy
Moroccan authorities expect, according to a report on public establishments and institutions linked to the draft Finance Law for 2026, to reach 18 million tourists by the end of 2025, with total revenues reaching 124 billion dirhams, approximately $13.4 billion USD. This ambition is supported by the 2023-2026 Tourism Strategic Plan, which includes investments worth 2.5 billion dirhams in 2026, in addition to global promotional campaigns and development of new airline routes.
The sector also recorded more than 20.32 million overnight stays in classified hotel establishments by the end of August, growing 10%, with the city of Tangier standing out as a primary destination.
Challenges and Opportunities
Despite the positives, the sector faces challenges such as regional competition and global economic impacts; however, the focus on sustainable and digital tourism enhances Morocco’s attractiveness. The sector is expected to contribute 7% of GDP by 2030, with a goal of receiving 26 million tourists annually.
Follow us for additional analysis on the impact of these figures on the national economy and year-end forecasts.
فاس نيوز ميديا جريدة الكترونية جهوية تعنى بشؤون و أخبار جهة فاس مكناس – متجددة على مدار الساعة