Press Releases

Revenue from Tourism 15,0%

Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €65,1 mn in February 2024 compared to €56,6 mn in the corresponding month of the previous year, recording an increase of 15,0%.

For the period of January – February 2024, revenue from tourism is estimated at €110,3 mn compared to €102,2 mn in the corresponding period of 2023, recording an increase of 7,9%.

Expenditure Analysis

The average expenditure per person was €521,01 in February 2024 compared to €475,39 in February 2023, recording an increase of 9,6%.

Tourists from the United Kingdom (the largest tourist market with 24,6% of the total tourists in February 2024) spent on average €63,37 per day, while tourists from Poland (the second largest market during the specific month with 13,3% of the total tourists) spent on average €69,87. Tourists from Israel (the third largest market with 10,6%), spent on average €113,36 per day.

Detailed statistics on the average expenditure of tourists per person and per day by country of usual residence are presented in the following table.

u: Data with low reliability.

METHODOLOGICAL INFORMATION

Definitions

Tourists – Visitors who stay for at least one night in Cyprus.

Tourist arrivals – The term refers to the number of trips and not to the number of persons. This differs in the sense that one person can take more than one trips during the reference period.

Revenue from Tourism - It refers to the revenue from tourists during their visit in Cyprus.

Source of Data and Coverage

The data on the expenditure of tourists is obtained from the Passengers Survey which is carried out at the points of departure in Larnaka and Pafos airports. The data is collected through personal interviews with the use of an electronic questionnaire (CAPI method – Computer Assisted Personal Interviewing).  

The data covers all persons in the Government controlled area of Cyprus. It does not include travelers who arrive and depart illegally via ports and airports in the occupied part of Cyprus.

For more information visit CYSTAT Portal, subtheme Tourism, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information or contact Ms Lucy Panayidou at 22602152 or via email at lpanagidou@cystat.mof.gov.cy

(NGian/ΑP)