Spending by a country’s residents while travelling abroad, annual in Cyprus

Cyprus: Spending by a country’s residents while travelling abroad, annual was 8.65 % change on previous year in 2024. ◆ Volatile

Latest (2024)
8.65 % change on previous year
Change on year
down 78.2%
World rank
110th
of 191 countries
All-time high
66.67 % change on previous year
in 2022
All-time low
-53.98 % change on previous year
in 2020
Years of data
29
1996–2024

Spending by a country’s residents while travelling abroad, annual in Cyprus, 1996–2024

-50-2502550751996201020241996: 5.7 % change on previous year1997: 2.1 % change on previous year1998: 4.9 % change on previous year1999: 4.5 % change on previous year2000: -3 % change on previous year2001: 4.6 % change on previous year2002: 2.5 % change on previous year2003: 20.3 % change on previous year2004: 29.5 % change on previous year2005: 10.4 % change on previous year2006: 3 % change on previous year2007: 50.7 % change on previous year2008: 26.7 % change on previous year2009: -11.5 % change on previous year2010: -24.2 % change on previous year2011: 3.5 % change on previous year2012: -3.5 % change on previous year2013: -4.9 % change on previous year2014: 7.1 % change on previous year2015: 8.2 % change on previous year2016: 7.3 % change on previous year2017: -11.6 % change on previous year2018: 13.9 % change on previous year2019: 4.2 % change on previous year2020: -54 % change on previous year2021: 43.7 % change on previous year2022: 66.7 % change on previous year2023: 39.6 % change on previous year2024: 8.7 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for spending by a country’s residents while travelling abroad, annual in Cyprus is 8.65 % change on previous year, measured in 2024.

That represents a change of down 78.2% on the previous year and up 21.9% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, annual in Cyprus peaked at 66.67 % change on previous year in 2022 and was at its lowest, -53.98 % change on previous year, in 2020.

That places Cyprus 110th out of 191 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by a country’s residents while travelling abroad, annual in Cyprus, year by year

Annual values for Spending by a country’s residents while travelling abroad, annual growth rate in Cyprus, 1996 to 2024.
Year % change on previous year Change
1996 5.69 % change on previous year —
1997 2.11 % change on previous year -62.9%
1998 4.89 % change on previous year +131.6%
1999 4.48 % change on previous year -8.5%
2000 -3.04 % change on previous year -167.8%
2001 4.6 % change on previous year -251.7%
2002 2.46 % change on previous year -46.5%
2003 20.33 % change on previous year +724.6%
2004 29.47 % change on previous year +45.0%
2005 10.41 % change on previous year -64.7%
2006 3.01 % change on previous year -71.1%
2007 50.69 % change on previous year +1582.3%
2008 26.65 % change on previous year -47.4%
2009 -11.48 % change on previous year -143.1%
2010 -24.23 % change on previous year +111.0%
2011 3.48 % change on previous year -114.4%
2012 -3.51 % change on previous year -200.8%
2013 -4.86 % change on previous year +38.2%
2014 7.1 % change on previous year -246.2%
2015 8.19 % change on previous year +15.4%
2016 7.32 % change on previous year -10.7%
2017 -11.63 % change on previous year -258.9%
2018 13.86 % change on previous year -219.2%
2019 4.21 % change on previous year -69.7%
2020 -53.98 % change on previous year -1383.2%
2021 43.68 % change on previous year -180.9%
2022 66.67 % change on previous year +52.6%
2023 39.59 % change on previous year -40.6%
2024 8.65 % change on previous year -78.2%

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, annual in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2007 +1582.3% 3.01 % change on previous year 50.69 % change on previous year
2020 -1383.2% 4.21 % change on previous year -53.98 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.29 % change on previous year 2.11 % change on previous year 5.69 % change on previous year 4
2000s 13.31 % change on previous year -11.48 % change on previous year 50.69 % change on previous year 10
2010s -0.0066 % change on previous year -24.23 % change on previous year 13.86 % change on previous year 10
2020s 20.92 % change on previous year -53.98 % change on previous year 66.67 % change on previous year 5

Countries ranked near Cyprus

  1. 107 Papua New Guinea 9.29 % change on previous year compare
  2. 108 Bahamas 8.95 % change on previous year compare
  3. 109 Sint Maarten (Dutch part) 8.93 % change on previous year compare
  4. 111 Bolivia 8.53 % change on previous year compare
  5. 112 Antigua and Barbuda 8.18 % change on previous year compare
  6. 113 Switzerland 8.13 % change on previous year compare

See the full ranking of 191 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, annual in Cyprus?
Spending by a country’s residents while travelling abroad, annual in Cyprus was 8.65 % change on previous year in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, annual recorded in Cyprus?
The highest recorded value was 66.67 % change on previous year in 2022.
What is the lowest spending by a country’s residents while travelling abroad, annual recorded in Cyprus?
The lowest recorded value was -53.98 % change on previous year in 2020.
How does Cyprus rank for spending by a country’s residents while travelling abroad, annual?
Cyprus ranks 110th out of 191 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, annual rising or falling in Cyprus?
Over the last ten years it is up 21.9%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, annual growth rate. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, annual in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-annual-growth-rate/cyprus/

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How this figure is calculated

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
191 places, 4,321 data points, 1996–2024
Last refreshed

The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.