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UNCTAD: Tourism in Morocco, 7th country most affected by the coronavirus

Like other countries, Moroccan tourism has been severely weakened by the coronavirus. The kingdom is ranked 7th among the 15 countries most affected by this pandemic, according to estimates by the United Nations Conference on Trade and Development (UNCTAD).

In a recently published report, the United Nations Conference on Trade and Development (UNCTAD) predicts a negative assessment for Morocco, with a 5% drop in tourism-related GDP in the case of a scenario optimistic, and 7% in the medium scenario, and 10% in a pessimistic scenario.

As for losses in the tourism sector, they amount to $ 6 billion considering the most optimistic scenario. They are expected to be over $ 11 billion in the worst case scenario.

According to the same source, other sectors are also affected, such as housing (5% decrease), trade, construction, financial services and insurance (2%).

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