Key Market Indicators
Angola's tourism sector is projected to experience a decline in financial receipts and tourist arrivals over the next five years. Tourism receipts in Angola are expected to decrease from approximately $677 million in 2023 to around $654 million by 2028, representing a compound annual growth rate (CAGR) decline of 0.6% each year. This continues a trend observed since 2000, where the market has seen an average annual decrease of 2.3%. In terms of tourist arrivals, Angola anticipates a significant drop, with numbers expected to fall from roughly 169,000 in 2023 to about 99,000 by 2028. This equates to an average annual decline of 8.4%. Since the turn of the millennium, the demand for tourism in Angola has decreased by an average of 5% each year.
