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Home Middle East

Tourism’s Revenue in Tunisia Increases by 28%

January 1, 2024
Tourism’s Revenue in Tunisia Increases by 28%
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Tunisia’s tourism sector has witnessed a remarkable surge, with revenues climbing by 28% compared to the same period in 2022, reaching 6.7 billion Tunisian Dinars (approximately $2.2 billion).

This significant increase, reported by the Central Bank of Tunisia, marks a major boost for the country’s economy.

In addition to the growth in tourism, Tunisia has also seen a modest rise in labor income, with a 2.5% increase, exceeding 7.3 billion Tunisian Dinars.

This improvement in both tourism and labor revenues has contributed to an overall increase in Tunisia’s foreign currency earnings, which have risen from 22.9 billion Dinars to 26.2 billion Dinars, according to the Tunisian News Agency (TAP).

However, the country faces challenges in managing its external debt, which has surpassed 11.2 billion Dinars from the start of the year until December 20, 2023. This amount represents a 31% increase from the 8.5 billion Dinars recorded during the same period in 2022.

Despite these financial pressures, Tunisia is optimistic about its economic growth prospects, anticipating growth rates of 1.2% in 2023 and 3% in 2024.

This positive outlook is indicative of the country’s resilience and its strategic efforts to strengthen key sectors like tourism, which continue to play a pivotal role in its economic recovery and development.

The Tunisian presidency recently issued a decision to extend the state of emergency that has been in place across the country since November 2015 for an additional month.

According to the official Tunisian newspaper, “Al-Ra’id Al-Rasmi,” the presidential decree states, “The state of emergency across the entire territory of the Tunisian Republic is extended for one month, starting from January 1, 2024, to January 30, 2024.”

Tags: TourismTunisia
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