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Cyprus Tourism Receipts

International tourism receipts  ST.INT.RCPT.CD

Cyprus's tourism receipts was $663.0M in 2020, ranked 71st globally. This represents a 79.6% decrease from 2019. Data from World Bank, covering 1995–2020.

$663.0M −$2.6B (-79.6%)
Year 2020 Rank #71 Global Peak $3.4B (2018) Source World Bank

Cyprus Tourism Receipts (1995–2020)

Overview

Cyprus's tourism receipts stood at $663.0M in 2020, a decline of +$2.6B from 2019. Cyprus ranked 71st globally.

Cyprus’ tourism receipts fell dramatically to $663,000,000.00 in 2020, placing the island at rank 71 globally and just below peers such as Oman ($669,000,000.00) and the US Virgin Islands ($686,000,000.00). This figure represents the all‑time trough after a 26‑year series that began in 1995 with $2,018,044,189.45 and peaked in 2018 at $3,449,000,000.00, illustrating the severe impact of the COVID‑19 pandemic on the sector that had been expanding steadily for more than two decades. The sharp contraction reversed a long‑term upward trend that had lifted Cyprus from modest earnings in the mid‑1990s to record levels before 2020. Recovery will depend on the speed of international travel normalization, the island’s ability to diversify its tourism product, and the effectiveness of post‑pandemic marketing campaigns, which together could restore the growth trajectory observed before the 2020 trough.

Data & projection

Year Tourism Receipts YoY change Rank
2020 $663.0M −$2.6B #71
2019 $3.2B −$204.0M #61
2018 $3.4B +$175.0M #62
2017 $3.3B +$404.0M #62
2016 $2.9B +$344.3M #63
2015 $2.5B −$398.3M #66
2014 $2.9B −$6.0M #59
2013 $2.9B +$327.0M #57
2012 $2.6B +$0 #61
2011 $2.6B +$466.0M #55
2010 $2.1B −$339.0M #62
2009 $2.5B −$756.0M #54
2008 $3.2B +$125.0M #50
2007 $3.1B +$415.0M #51
2006 $2.7B +$48.0M #50
Show all years (1995-2020)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.5% GDP growth 5.9% C/A balance 1.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw tourism receipts improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cyprus's tourism receipts?▾

Cyprus's tourism receipts was $663.0M in 2020. Ranked 71st globally. This represents a 79.6% decrease from the previous year.

What was the highest tourism receipts in Cyprus?▾

Cyprus's tourism receipts peaked at $3.4B in 2018.

What was the lowest tourism receipts in Cyprus?▾

The lowest tourism receipts in Cyprus was $663.0M in 2020.

How does Cyprus rank in tourism receipts?▾

Cyprus ranks 71st globally in tourism receipts as of 2020.

What is the World Bank indicator code for tourism receipts?▾

The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.

What is Cyprus's tourism receipts in million?▾

Cyprus's tourism receipts was approximately 663 million ($663.0M) in 2020.

What is the tourism receipts of Cyprus in 2020?▾

The tourism receipts of Cyprus in 2020 was $663.0M. This ranks 71st in the world.

Cite this page

APA
Cyprus Tourism Receipts. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/cyprus/tourism-receipts/
BibTeX
@misc{historysaid_cyprus_tourism-receipts, title = {Cyprus Tourism Receipts}, url = {https://historysaid.com/cyprus/tourism-receipts/}, publisher = {HistorySaid}, year = {2026} }
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