NKC African Economics - Daily Brief 26 Nov 2020

Nov 26, 2020



The number of tourists visiting the island’s shores rose by 221.4% m-o-m to 1,149 by the end of October. Overall, tourist arrivals plunged by 72.2% y-o-y in the first 10 months of 2020, while gross tourism earnings – which are not updated as regularly as tourist arrivals – dropped by 59.0% y-o-y in the first eight months of 2020. The tourism sector as a whole is an essential component of the Mauritian economy and is estimated to have accounted for 18.9% of GDP and 18.8% of total employment in 2019. Ongoing travel restrictions and a resurgence of Covid-19 infections in Europe pose downside risks for a rebound in the tourism sector.


Read the full brief here: https://www.linkedin.com/smart-links/AQFsAbeixAs6_g


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