Key Market Indicators
Mozambique's tourism revenue is expected to plummet to approximately $7 million in 2023, marking a significant decrease from the $36 million recorded in 2022. This represents a sharp decline of 80.4% compared to the previous year. The Mozambican tourism market has been experiencing a consistent downturn since 2004, with an average annual decrease of 44.6%. This troubling trend highlights the challenges faced by the sector over the past two decades.