Tunisia’s Tourism Set to Inject Record TND 23BN into Economy
TUNISIA’S TOURISM SECTOR SET TO THRIVE IN 2024 AND BEYOND. SIGNIFICANT GROWTH EXPECTED WITH GOVERNMENT SUPPORT.
The World Travel & Tourism Council (WTTC) reveals that Tunisia’s Travel & Tourism sector will inject a record-breaking TND 23BN into the economy this year. The latest data shows a significant rise in economic contribution, job numbers, and domestic visitor spending, surpassing previous records.
Amazing Statistics of Tunisia’s Travel & Tourism
Despite not fully recovering international visitor spending, the sector is close to its 2019 peak. Travel & Tourism’s contribution will represent 14% of the economy. Sector jobs are projected to grow 3.9% year-on-year, reaching almost 418,000. This accounts for one in nine jobs in Tunisia.
Domestic and International Spending
Domestic visitor spending is expected to grow 5% from last year, reaching TND 11.7BN, which is 0.7% ahead of 2019. International visitor spending will grow over 12% to nearly TND 11BN, still about 9% behind 2019 levels. Julia Simpson, WTTC President & CEO, expressed confidence in the sector’s resilience and its vital role in Tunisia’s economic future.
Government Support and Future Projections
The reestablishment of the Higher Council of Tourism by the Tunisian Government will boost the Tunisia’s Tourism sector. It fosters collaboration between public and private sectors. Last year, the sector’s contribution to Tunisia’s GDP surged almost 24% year-on-year to nearly TND 21BN. Jobs grew by 10%, supporting over 402,000 jobs, representing 11.5% of jobs in the country.
Looking Forward
WTTC forecasts suggest that with the right government support, Tunisia’s Travel & Tourism could grow its annual GDP contribution to over TND 32BN by 2034. This would represent 16% of Tunisia’s economy, potentially employing over 485,000 people. In North Africa, the sector is forecast to contribute TND 225.7BN to the regional economy this year, accounting for 8.5% of the total. Sector-supported jobs are expected to rise to 5.3MN, representing one in eleven jobs across the region.
