Historical dataset showing Cyprus tourist spending by year from 1995 to 2020.

Cyprus CY: International Tourism: Receipts data was reported at 663.000 USD mn in 2020. This records a decrease from the previous number of 3.245 USD bn for 2019. Cyprus CY: International Tourism: Receipts data is updated yearly, averaging 2.539 USD bn from Dec 1995 (Median) to 2020, with 26 observations. The data reached an all-time high of 3.449 USD bn in 2018 and a record low of 663.000 USD mn in 2020. Cyprus CY: International Tourism: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Tourism Statistics. International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.;World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.;Gap-filled total;

The number of international tourist arrivals in Cyprus rose significantly in 2023 compared to the previous year, nearly catching up with the figures recorded before the coronavirus (COVID-19) pandemic. After peaking at just under ************ in 2019, inbound tourist arrivals in Cyprus declined sharply to *** thousand in 2020, then reached around *********** in 2023.

Cyprus CY: International Tourism: Expenditures data was reported at 880.000 USD mn in 2020. This records a decrease from the previous number of 1.596 USD bn for 2019. Cyprus CY: International Tourism: Expenditures data is updated yearly, averaging 1.143 USD bn from Dec 1995 (Median) to 2020, with 26 observations. The data reached an all-time high of 1.968 USD bn in 2008 and a record low of 473.482 USD mn in 1995. Cyprus CY: International Tourism: Expenditures data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Tourism Statistics. International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.;World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files.;Gap-filled total;

Cyprus: International tourism revenue, percent of GDP: The latest value from 2020 is 2.59 percent, a decline from 12.39 percent in 2019. In comparison, the world average is 3.34 percent, based on data from 125 countries. Historically, the average for Cyprus from 1995 to 2020 is 14.37 percent. The minimum value, 2.59 percent, was reached in 2020 while the maximum of 21.4 percent was recorded in 2000.

Cyprus CY: International Tourism: Receipts: % of Total Exports data was reported at 3.253 % in 2020. This records a decrease from the previous number of 16.360 % for 2019. Cyprus CY: International Tourism: Receipts: % of Total Exports data is updated yearly, averaging 26.642 % from Dec 1995 (Median) to 2020, with 26 observations. The data reached an all-time high of 43.810 % in 1995 and a record low of 3.253 % in 2020. Cyprus CY: International Tourism: Receipts: % of Total Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Tourism Statistics. International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Their share in exports is calculated as a ratio to exports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.;World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, and IMF and World Bank exports estimates.;Weighted average;

Tourism expenditures of Cyprus plummeted by 44.86% from 1,596,000,000 US dollars in 2019 to 880,000,000 US dollars in 2020. Since the 13.86% surge in 2018, tourism expenditures sank by 43.91% in 2020. International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.

The number of inbound tourist arrivals from the United Kingdom to Cyprus increased in 2023 over the previous year, nearly catching up with the figures recorded before the coronavirus (COVID-19) pandemic. After peaking at 1.33 million in 2019, inbound tourist arrivals from the UK declined to under 230 million in 2020, then bounced back to 1.3 million in 2023.

International tourism, receipts (% of total exports) in Cyprus was reported at 3.2533 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - International tourism, receipts (% of total exports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Cyprus CY: International Tourism: Expenditures: % of Total Imports data was reported at 4.248 % in 2020. This records a decrease from the previous number of 8.152 % for 2019. Cyprus CY: International Tourism: Expenditures: % of Total Imports data is updated yearly, averaging 10.686 % from Dec 1995 (Median) to 2020, with 26 observations. The data reached an all-time high of 13.260 % in 2007 and a record low of 4.248 % in 2020. Cyprus CY: International Tourism: Expenditures: % of Total Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Tourism Statistics. International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Their share in imports is calculated as a ratio to imports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.;World Tourism Organization, Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, and IMF and World Bank imports estimates.;Weighted average;

In 2022, the number of tourists from Cyprus in Israel amounted to 14,900, which was a significant increase compared to previous years in the period under review, following a serious decline in 2020 and 2021. On the other hand, in 2019, the number of Cypriot tourists visiting Israel increased slightly to 10,900 people, up from 8,400 in 2018.

International tourism, receipts for travel items (current US$) in Cyprus was reported at 663000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - International tourism, receipts for travel items - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Revenue in the Travel Agencies industry is expected to grow at a compound annual rate of 12.3% over the five years through 2025 to €121.5 billion. The focus of the travel industry in the last five years has been recovering from the COVID-19 pandemic. Travel demand plunged during 2020 and 2021, when COVID-19 outbreak grounded flights and confined people to their homes. While domestic travel could continue in some countries, most travel agencies had no trips to sell. Since restrictions were lifted across Europe and globally (which happened at each country’s own pace), the travel sector has seen a resurgence in demand by trends characterised as revenge travel and responsible travel. People made up for lost time by taking more trips after COVID-19 restrictions had been lifted. In 2024 and 2025, consumers are still keen for trips but want value-for-money adventures instead as they’re cautious of their spending amid disposable income squeezes. International travel to Europe has also resurged, especially from the US, thanks to the more favourable dollar-to-Europe rate – a welcome trend for agencies. There’s concerns that President Trump’s administration and US tariffs could see a drop in US visitors, but in early 2025 numbers have been strong. Pent-up demand combined with savings built up during COVID-19 has kept bookings high, defying high inflation across Europe that would usually signal lower trip spending. Travel remains a high priority for many households, driving up bookings. As a result, revenue is expected to mount by 4.4% in 2025. That being said, the Russia-Ukraine war has plagued tourism in Eastern Europe, with countries like Finland and the Baltic states continuing to record much lower tourist numbers than pre-pandemic because of fewer Russian tourists and lower travel confidence to the region. Revenue is anticipated to climb at a compound annual rate of 8.9% in the five years through 2030 to €186.3 billion. Online travel agencies will continue to cement their position in the industry, with most traditional agencies adapting by now or already closing. Climate change will disrupt travel agencies and the destination packages they offer. The last few years have already seen wildfires across Greece that spelt disaster for many trips and travel agencies will need to plan for the shift from southern European beaches to northern European destinations as temperatures rise. Travel agencies across Europe will also keep trying to carve out more of a niche by specialising in trips for certain age demographics.

International tourism, expenditures for travel items (current US$) in Cyprus was reported at 880000000 USD in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - International tourism, expenditures for travel items - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Cyprus Visitor Arrivals

• Cyprus Visitor Arrivals recorded 112,100 person in Jan 2025, compared with 133,063 person in the previous month
• Cyprus Visitor Arrivals data is updated monthly, available from Jan 2002 to Jan 2025
• The data reached an all-time high of 554,923 person in Aug 2024 and a record low of 0 person in May 2020

Hotels and short-term accommodation providers in Europe enjoy strong demand due to the continent’s well-developed tourism sector and significant number of holiday destinations that cater to various consumer needs. European residents often holiday domestically or go on trips to other European countries due to how quick and easy it is to travel to them. Rising domestic and international tourism fuelled accommodation demand prior to the COVID-19 outbreak, but travel restrictions then decimated revenue. Revenue is slated to contract at a compound annual rate of 9.5% over the five years through 2024 to €187.9 billion, including an expected 3.2% drop in 2024. Despite the numerous popular holiday spots spread across Europe, including Spain, Italy and France, hotels and other holiday accommodation providers weren’t prepared for the catastrophic drop in tourism caused by the COVID-19 pandemic. Strict restrictions on international travel decimated tourist numbers, with holiday accommodation sites forced to close for long periods in 2020. The easing of travel restrictions in 2021 and 2022 drove revenue back up, supported mostly by heightened domestic tourism due to heightened consumer confidence and a trend towards staycations. Since 2022, though, severe inflation and heightened economic and geopolitical uncertainty have squeezed consumers’ budgets and made them less confident of their financial prospects confidence, limiting spending on holidays. European hotels and short-term accommodation providers faces intense competition, putting pressure on prices and RevPAR. The growing popularity of online booking platforms like Airbnb has played a big part in increasing competitive pressures. To attract potential guests, accommodation providers are adopting dynamic pricing strategies and investing in enhancing the customer experience through innovation and differentiation. Revenue is forecast to swell at a compound annual rate of 2.9% over the five years through 2029 to €217 billion. A mounting number of international guests and strong demand for domestic holidays will drive growth. As consumer confidence improves and inflation edges back down to more normal levels, disposable income will climb, stimulating holiday spending. Hotels and short-term accommodation providers will continue to face competitive pressures as the popularity of short-term rental platforms grows, hindering revenue and profit.

International tourism, expenditures (% of total imports) in Cyprus was reported at 4.2476 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cyprus - International tourism, expenditures (% of total imports) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Cyprus Tourist Arrivals: Europe: EU: Sweden data was reported at 3,449.000 Person in Mar 2025. This records an increase from the previous number of 1,488.000 Person for Feb 2025. Cyprus Tourist Arrivals: Europe: EU: Sweden data is updated monthly, averaging 9,781.000 Person from Jan 2002 (Median) to Mar 2025, with 269 observations. The data reached an all-time high of 26,003.000 Person in Jul 2018 and a record low of 0.000 Person in May 2020. Cyprus Tourist Arrivals: Europe: EU: Sweden data remains active status in CEIC and is reported by Statistical Service of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.Q002: Tourist Arrivals: by Country.

Cyprus - Nights spent at tourist accommodation establishments in partnership with Europe was 14289293.00 in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - Nights spent at tourist accommodation establishments in partnership with Europe - last updated from the EUROSTAT on July of 2025. Historically, Cyprus - Nights spent at tourist accommodation establishments in partnership with Europe reached a record high of 16548032.00 in December of 2019 and a record low of 3503402.00 in December of 2020.

Cyprus - Nights spent at tourist accommodation establishments was -3.65 % year-on-year in April of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - Nights spent at tourist accommodation establishments - last updated from the EUROSTAT on July of 2025. Historically, Cyprus - Nights spent at tourist accommodation establishments reached a record high of 32007.47 % year-on-year in May of 2021 and a record low of -99.93 % year-on-year in May of 2020.