Travel services in Cyprus
Cyprus: Travel services was 13.4% in 2025. ▼ Falling
Travel services in Cyprus, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, travel services in Cyprus stood at 13.4%.
Compared with earlier readings it is up 7.3% on the previous year and down 43.2% over ten years.
Over the whole period, travel services in Cyprus peaked at 62.6% in 1990 and was at its lowest, 4.3%, in 2020.
That places Cyprus 158th out of 198 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Travel services in Cyprus, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1976 | 28.7% | — |
| 1977 | 28.2% | -1.5% |
| 1978 | 34.5% | +22.1% |
| 1979 | 38.1% | +10.4% |
| 1980 | 42.2% | +10.7% |
| 1981 | 46.1% | +9.5% |
| 1982 | 50.5% | +9.5% |
| 1983 | 52.9% | +4.7% |
| 1984 | 51.4% | -2.9% |
| 1985 | 51.3% | -0.1% |
| 1986 | 52.9% | +3.1% |
| 1987 | 56.3% | +6.5% |
| 1988 | 58.8% | +4.4% |
| 1989 | 61.4% | +4.4% |
| 1990 | 62.6% | +2.0% |
| 1991 | 55.4% | -11.5% |
| 1992 | 61.4% | +10.8% |
| 1993 | 60.1% | -2.1% |
| 1994 | 62.4% | +3.7% |
| 1995 | 53.2% | -14.6% |
| 1996 | 50.8% | -4.6% |
| 1997 | 50.2% | -1.2% |
| 1998 | 47.8% | -4.8% |
| 1999 | 48.4% | +1.3% |
| 2000 | 47.7% | -1.5% |
| 2001 | 45.9% | -3.7% |
| 2002 | 44.8% | -2.5% |
| 2003 | 41.0% | -8.4% |
| 2004 | 38.4% | -6.3% |
| 2005 | 38.6% | +0.6% |
| 2006 | 36.2% | -6.2% |
| 2007 | 32.4% | -10.6% |
| 2008 | 26.1% | -19.4% |
| 2009 | 23.6% | -9.4% |
| 2010 | 22.7% | -3.8% |
| 2011 | 24.6% | +8.2% |
| 2012 | 26.2% | +6.7% |
| 2013 | 26.4% | +0.6% |
| 2014 | 24.9% | -5.8% |
| 2015 | 23.5% | -5.6% |
| 2016 | 24.0% | +2.1% |
| 2017 | 23.6% | -1.7% |
| 2018 | 23.3% | -1.1% |
| 2019 | 19.8% | -14.9% |
| 2020 | 4.3% | -78.2% |
| 2021 | 9.1% | +109.7% |
| 2022 | 10.4% | +15.0% |
| 2023 | 12.6% | +21.3% |
| 2024 | 12.5% | -1.5% |
| 2025 | 13.4% | +7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.4% | 28.2% | 38.1% | 4 |
| 1980s | 52.4% | 42.2% | 61.4% | 10 |
| 1990s | 55.2% | 47.8% | 62.6% | 10 |
| 2000s | 37.5% | 23.6% | 47.7% | 10 |
| 2010s | 23.9% | 19.8% | 26.4% | 10 |
| 2020s | 10.4% | 4.3% | 13.4% | 6 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is travel services in Cyprus?
- Travel services in Cyprus was 13.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Cyprus?
- The highest recorded value was 62.6% in 1990.
- What is the lowest travel services recorded in Cyprus?
- The lowest recorded value was 4.3% in 2020.
- How does Cyprus rank for travel services?
- Cyprus ranks 158th out of 198 countries with data for 2025.
- Is travel services rising or falling in Cyprus?
- Over the last ten years it is down 43.2%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.