Spending by international visitors while visiting a country as a share of GDP in Cyprus

Cyprus: Spending by international visitors while visiting a country as a share of GDP was 10.4% in 2024. ▼ Falling

Latest (2024)
10.4%
Change on year
down 0.2%
World rank
39th
of 191 countries
All-time high
21.4%
in 2000
All-time low
2.9%
in 2020
Years of data
30
1995–2024

Spending by international visitors while visiting a country as a share of GDP in Cyprus, 1995–2024

51015201995200920241995: 20.3 %1996: 19 %1997: 19.4 %1998: 18.7 %1999: 20.1 %2000: 21.4 %2001: 21.2 %2002: 19.1 %2003: 16 %2004: 14.7 %2005: 14.3 %2006: 13.4 %2007: 13 %2008: 11.6 %2009: 9.5 %2010: 8.3 %2011: 9.4 %2012: 10.4 %2013: 12.2 %2014: 12.6 %2015: 12.7 %2016: 13.6 %2017: 14.3 %2018: 13.4 %2019: 12.4 %2020: 2.9 %2021: 6.9 %2022: 9.2 %2023: 10.4 %2024: 10.4 %

Source: UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for spending by international visitors while visiting a country as a share of gdp in Cyprus is 10.4%, measured in 2024.

The figure is down 0.2% on the previous year and down 17.6% over ten years.

Over the whole period, spending by international visitors while visiting a country as a share of gdp in Cyprus peaked at 21.4% in 2000 and was at its lowest, 2.9%, in 2020.

Cyprus ranks 39th of 191 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 30 years of available data.

Spending by international visitors while visiting a country as a share of GDP in Cyprus, year by year

Annual values for Spending by international visitors while visiting a country as a share of GDP in Cyprus, 1995 to 2024.
Year % Change
1995 20.3%
1996 19.0% -6.4%
1997 19.4% +1.9%
1998 18.7% -3.4%
1999 20.1% +7.6%
2000 21.4% +6.2%
2001 21.2% -1.0%
2002 19.1% -10.0%
2003 16.0% -16.2%
2004 14.7% -7.8%
2005 14.3% -2.6%
2006 13.4% -6.5%
2007 13.0% -3.3%
2008 11.6% -10.8%
2009 9.5% -17.8%
2010 8.3% -12.9%
2011 9.4% +13.7%
2012 10.4% +10.4%
2013 12.2% +17.7%
2014 12.6% +2.9%
2015 12.7% +0.8%
2016 13.6% +7.5%
2017 14.3% +4.6%
2018 13.4% -6.1%
2019 12.4% -7.3%
2020 2.9% -76.8%
2021 6.9% +140.6%
2022 9.2% +33.4%
2023 10.4% +12.7%
2024 10.4% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 19.5% 18.7% 20.3% 5
2000s 15.4% 9.5% 21.4% 10
2010s 11.9% 8.3% 14.3% 10
2020s 8.0% 2.9% 10.4% 5

Countries ranked near Cyprus

  1. 36 Qatar 10.9% compare
  2. 37 Panama 10.5% compare
  3. 38 Armenia 10.5% compare
  4. 40 Micronesia, Federated States of 10.3% compare
  5. 41 Greece 10.2% compare
  6. 42 Iceland 9.7% compare

See the full ranking of 191 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is spending by international visitors while visiting a country as a share of gdp in Cyprus?
Spending by international visitors while visiting a country as a share of gdp in Cyprus was 10.4% in 2024, according to UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest spending by international visitors while visiting a country as a share of gdp recorded in Cyprus?
The highest recorded value was 21.4% in 2000.
What is the lowest spending by international visitors while visiting a country as a share of gdp recorded in Cyprus?
The lowest recorded value was 2.9% in 2020.
How does Cyprus rank for spending by international visitors while visiting a country as a share of gdp?
Cyprus ranks 39th out of 191 countries with data for 2024.
Is spending by international visitors while visiting a country as a share of gdp rising or falling in Cyprus?
Over the last ten years it is down 17.6%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Spending by international visitors while visiting a country as a share of GDP. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country as a share of GDP in Cyprus. Statizoid, drawing on UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 07 September 2026, from https://economy.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-as-a-share-of-gdp/cyprus/

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About this data

Indicator
Spending by international visitors while visiting a country as a share of GDP
Unit
%
Source
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 4,349 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.