ECONOMIC SNAPSHOT
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Economic Snapshot: Egypt’s Tourism Sector Tourists’ Profile Europe 53.5%
Purpose of Visiting
Asia; Pacific 5.5%
Middle East 28.3%
Entertainment 96.5%
Africa 7.7%
Americas 4.8%
Culture 0.6%
Treatment 0.8%
Education/Training 0.4%
Others 1.2%
Others 0.2%
Conferences 0.5%
Travelling Methods
90.7%
7.4%
Source: CAPMAS and Dcode EFC Calculations , (Percentages as of July 2017)
1.9%
Revenue & Growth Tourism Receipts (USD bn) 2.5 2.1 2.0
1.9
1.9
Compared to USD 2.9 bn during Q4 2009/10 1.7
1.5
1.5
1.5
1.3 1.0
1.0
0.6
0.5 0.0
Q1
Q2
Q3
2014/15
Q4
Q1
Q2
Q3
2015/16
0.8
0.8
0.5
Q4
Q1
Q2
Q3
Q4
120% 100% 80% 60% 40% 20% 0% -20% -40% -60% -80%
Tourism Sector Annual Real Growth (%)
110%
-12% -60% Q1
Q2
2016/17
Q3
Q4
Q1
14/15
Q2
Q3
Q4
Q1
Q2
15/16
Q3
Q4
16/17
Sources: Central Bank of Egypt and Ministry of Planning
Tourist Arrivals , Duration of Stay, and Spending Tourist Arrivals (Thousands) 1,000 900 800 700 600 500 400 300 200 100 0
Tourist Nights Average Spending per Tourist Night (USD) 90 Total Other Countries Asia & the Pacific Americas African Countries Middle East Countries European Countries
85 80
83
80
80
88
70
70
73
73
8 6
73
4 68
Q1
Q2
Q3
2014/15
Q4
Q1
12 10
82
77
75
65
88
Average Stay (Night), Right Scale
Q2
2 Q3
2015/16
Q4
Q1
Q2
Q3
Q4
0
2016/17
Sources: Central Bank of Egypt and Dcode EFC Calculations
November 2017 - ISSUE 131
45