Moroccan Foreign Travel Spending Surges to 18.9 Billion Dirhams in 2018
Moroccans spent a lot last year during their trips abroad, according to the latest statistics just published by the Office of Foreign Exchange.
According to these figures released yesterday, Moroccans spent 18.9 billion dirhams in 2018, up 9% from 2017, which was already an exceptional year with 21% growth. The Foreign Exchange Office expects even higher figures next year thanks to the increase in the tourism allowance.
Moreover, the travel surplus stands at 54.3 billion dirhams, a slight decrease compared to 2017. These figures are due to the 1.1 billion dirham increase in revenue (73.2 billion dirhams compared to 72.1 billion dirhams in 2017), it was reported.
As for the spending of foreign tourists, it experienced a slight increase of 1.4% last year.
Related Articles
-
Morocco Braces for Fuel Price Drop: Diesel Could Plunge 30 Cents, Bringing Relief to Drivers
1 September 2025
-
French Air Traffic Strike Threatens Chaos: Over 1 Million Travelers Face Flight Cancellations
1 September 2025
-
Revolut Eyes Morocco: Fintech Giant’s Entry Could Shake Up Banking for Locals and Expats
1 September 2025
-
Morocco’s Gold Paradox: Imports Soar 51% as Local Jewelry Market Stagnates
31 August 2025
-
Morocco’s Tourism Boom: 11.6 Million Visitors Drive 67 Billion Dirham Revenue Surge
31 August 2025