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

Cyprus: Spending by a country’s residents while travelling abroad, per unit was 0.0726 current US$ per US$ of GDP in 2024. ▲ Rising

Latest (2024)
0.0726 current US$ per US$ of GDP
Change on year
up 1.3%
World rank
21st
of 194 countries
All-time high
0.0741 current US$ per US$ of GDP
in 2016
All-time low
0.0294 current US$ per US$ of GDP
in 2020
Years of data
30
1995–2024

Spending by a country’s residents while travelling abroad, per unit in Cyprus, 1995–2024

00.020.040.060.081995200920241995: 0.048 current US$ per US$ of GDP1996: 0.05 current US$ per US$ of GDP1997: 0.054 current US$ per US$ of GDP1998: 0.052 current US$ per US$ of GDP1999: 0.053 current US$ per US$ of GDP2000: 0.054 current US$ per US$ of GDP2001: 0.055 current US$ per US$ of GDP2002: 0.051 current US$ per US$ of GDP2003: 0.048 current US$ per US$ of GDP2004: 0.052 current US$ per US$ of GDP2005: 0.054 current US$ per US$ of GDP2006: 0.051 current US$ per US$ of GDP2007: 0.065 current US$ per US$ of GDP2008: 0.07 current US$ per US$ of GDP2009: 0.067 current US$ per US$ of GDP2010: 0.051 current US$ per US$ of GDP2011: 0.049 current US$ per US$ of GDP2012: 0.053 current US$ per US$ of GDP2013: 0.052 current US$ per US$ of GDP2014: 0.058 current US$ per US$ of GDP2015: 0.073 current US$ per US$ of GDP2016: 0.074 current US$ per US$ of GDP2017: 0.06 current US$ per US$ of GDP2018: 0.061 current US$ per US$ of GDP2019: 0.062 current US$ per US$ of GDP2020: 0.029 current US$ per US$ of GDP2021: 0.036 current US$ per US$ of GDP2022: 0.058 current US$ per US$ of GDP2023: 0.072 current US$ per US$ of GDP2024: 0.073 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2024, spending by a country’s residents while travelling abroad, per unit in Cyprus stood at 0.0726 current US$ per US$ of GDP.

The figure is up 1.3% on the previous year and up 25.6% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per unit in Cyprus peaked at 0.0741 current US$ per US$ of GDP in 2016 and was at its lowest, 0.0294 current US$ per US$ of GDP, in 2020.

Cyprus ranks 21st of 194 countries on this measure, in the top quarter.

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

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

Annual values for Spending by a country’s residents while travelling abroad, per unit of GDP in Cyprus, 1995 to 2024.
Year current US$ per US$ of GDP Change
1995 0.0477 current US$ per US$ of GDP —
1996 0.05 current US$ per US$ of GDP +4.9%
1997 0.0535 current US$ per US$ of GDP +7.1%
1998 0.0523 current US$ per US$ of GDP -2.3%
1999 0.0533 current US$ per US$ of GDP +2.0%
2000 0.0544 current US$ per US$ of GDP +1.9%
2001 0.0546 current US$ per US$ of GDP +0.5%
2002 0.051 current US$ per US$ of GDP -6.7%
2003 0.0481 current US$ per US$ of GDP -5.5%
2004 0.0523 current US$ per US$ of GDP +8.7%
2005 0.0543 current US$ per US$ of GDP +3.7%
2006 0.0514 current US$ per US$ of GDP -5.4%
2007 0.0648 current US$ per US$ of GDP +26.2%
2008 0.0704 current US$ per US$ of GDP +8.6%
2009 0.0669 current US$ per US$ of GDP -5.0%
2010 0.0512 current US$ per US$ of GDP -23.5%
2011 0.0494 current US$ per US$ of GDP -3.4%
2012 0.0526 current US$ per US$ of GDP +6.5%
2013 0.0523 current US$ per US$ of GDP -0.5%
2014 0.0578 current US$ per US$ of GDP +10.5%
2015 0.073 current US$ per US$ of GDP +26.2%
2016 0.0741 current US$ per US$ of GDP +1.5%
2017 0.0601 current US$ per US$ of GDP -18.9%
2018 0.0609 current US$ per US$ of GDP +1.4%
2019 0.0624 current US$ per US$ of GDP +2.4%
2020 0.0294 current US$ per US$ of GDP -52.8%
2021 0.0356 current US$ per US$ of GDP +20.9%
2022 0.0577 current US$ per US$ of GDP +62.2%
2023 0.0717 current US$ per US$ of GDP +24.2%
2024 0.0726 current US$ per US$ of GDP +1.3%

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, per unit 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
2022 +62.2% 0.0356 current US$ per US$ of GDP 0.0577 current US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0514 current US$ per US$ of GDP 0.0477 current US$ per US$ of GDP 0.0535 current US$ per US$ of GDP 5
2000s 0.0568 current US$ per US$ of GDP 0.0481 current US$ per US$ of GDP 0.0704 current US$ per US$ of GDP 10
2010s 0.0594 current US$ per US$ of GDP 0.0494 current US$ per US$ of GDP 0.0741 current US$ per US$ of GDP 10
2020s 0.0534 current US$ per US$ of GDP 0.0294 current US$ per US$ of GDP 0.0726 current US$ per US$ of GDP 5

Countries ranked near Cyprus

  1. 18 Andorra 0.0788 current US$ per US$ of GDP compare
  2. 19 Comoros 0.078 current US$ per US$ of GDP compare
  3. 20 Central African Republic 0.0748 current US$ per US$ of GDP compare
  4. 22 East Timor 0.0725 current US$ per US$ of GDP compare
  5. 23 Mongolia 0.0717 current US$ per US$ of GDP compare
  6. 24 Hong Kong 0.0699 current US$ per US$ of GDP compare

See the full ranking of 194 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, per unit in Cyprus?
Spending by a country’s residents while travelling abroad, per unit in Cyprus was 0.0726 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Cyprus?
The highest recorded value was 0.0741 current US$ per US$ of GDP in 2016.
What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Cyprus?
The lowest recorded value was 0.0294 current US$ per US$ of GDP in 2020.
How does Cyprus rank for spending by a country’s residents while travelling abroad, per unit?
Cyprus ranks 21st out of 194 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, per unit rising or falling in Cyprus?
Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
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, per unit of GDP. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per unit 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-per-unit-of-gdp/cyprus/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ GDP (current US$)

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, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.