Tunisia suffers huge loss due to pandemic

 Monday, January 11, 2021 

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Owing to the pandemic travel and tourism suffered immense loss and Tunisia tourism was no exception. It experienced a steep fall from $746 million in 2019 to some 65% drop in 2020 due to the lockdown and travel restrictions imposed by the Covid-19 pandemic. This brought in a severe blow to the country’s economy as well.

At present the Tunisia’s tourism revenue plunged by 65% in 2020 compared to 2019, to around $746 million, as per the official figures released last Thursday. In 2020, the number of visitors fell by 78%, as western tourists deserted Tunisia’s hotels and resorts, a government official told Reuters. Tunisia had received a record 9.5 million visitors in 2019.

The contraction of Tunisia’s economy is expected to be at least 7% in 2020 as a result of the loss of revenue from tourism, which accounts for about 8% of GDP and is a major source of foreign currency. Central bank data showed that tourism revenues fell to 2 billion Tunisian dinars ($746 million), compared to 5.6 billion dinars the previous year.

Travel restrictions and the spread of the novel coronavirus around the world led most hotels in Tunisia to close and tens of thousands in the tourism sector lost their jobs, which prompted the government to announce facilities in loans to hotel owners. And now with the new corona strain, things have further complicated and tourists are further uncertain about travelling.

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