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

Cyprus: Spending by a country’s residents while travelling abroad was 2.73 billion current US$ in 2024. ▲ Rising

Latest (2024)
2.73 billion current US$
Change on year
up 8.7%
World rank
69th
of 199 countries
All-time high
2.73 billion current US$
in 2024
All-time low
473.48 million current US$
in 1995
Years of data
30
1995–2024

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

500.0M1.0B1.5B2.0B2.5B1995200920241995: 473.5M current US$1996: 500.4M current US$1997: 511.0M current US$1998: 536.0M current US$1999: 560.0M current US$2000: 543.0M current US$2001: 568.0M current US$2002: 582.0M current US$2003: 700.3M current US$2004: 906.6M current US$2005: 1.0B current US$2006: 1.0B current US$2007: 1.6B current US$2008: 2.0B current US$2009: 1.7B current US$2010: 1.3B current US$2011: 1.4B current US$2012: 1.3B current US$2013: 1.3B current US$2014: 1.3B current US$2015: 1.5B current US$2016: 1.6B current US$2017: 1.4B current US$2018: 1.6B current US$2019: 1.6B current US$2020: 752.4M current US$2021: 1.1B current US$2022: 1.8B current US$2023: 2.5B current US$2024: 2.7B current US$

Source: UN Tourism (2025) – processed by Our World in Data. Measured in current US$.

Analysis

Cyprus recorded 2.73 billion current US$ for spending by a country’s residents while travelling abroad in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 8.7% on the previous year and up 103.5% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad in Cyprus peaked at 2.73 billion current US$ in 2024 and was at its lowest, 473.48 million current US$, in 1995.

That places Cyprus 69th out of 199 countries with data for 2024, putting it in the middle of the range.

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

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

Annual values for Spending by a country’s residents while travelling abroad in Cyprus, 1995 to 2024.
Year current US$ Change
1995 473.48 million current US$ —
1996 500.43 million current US$ +5.7%
1997 511.00 million current US$ +2.1%
1998 536.00 million current US$ +4.9%
1999 560.00 million current US$ +4.5%
2000 543.00 million current US$ -3.0%
2001 568.00 million current US$ +4.6%
2002 582.00 million current US$ +2.5%
2003 700.29 million current US$ +20.3%
2004 906.64 million current US$ +29.5%
2005 1.00 billion current US$ +10.4%
2006 1.03 billion current US$ +3.0%
2007 1.55 billion current US$ +50.7%
2008 1.97 billion current US$ +26.7%
2009 1.74 billion current US$ -11.5%
2010 1.32 billion current US$ -24.2%
2011 1.37 billion current US$ +3.5%
2012 1.32 billion current US$ -3.5%
2013 1.25 billion current US$ -4.9%
2014 1.34 billion current US$ +7.1%
2015 1.45 billion current US$ +8.2%
2016 1.56 billion current US$ +7.3%
2017 1.38 billion current US$ -11.6%
2018 1.57 billion current US$ +13.9%
2019 1.64 billion current US$ +4.2%
2020 752.44 million current US$ -54.0%
2021 1.08 billion current US$ +43.7%
2022 1.80 billion current US$ +66.7%
2023 2.52 billion current US$ +39.6%
2024 2.73 billion current US$ +8.7%

Cyprus compared with similar countries

  • Cyprus's 2.73 billion current US$ is below the median for high income countries, which is 4.47 billion current US$, 61% of the median. (71 countries reporting)
  • Cyprus's 2.73 billion current US$ is below the median for Europe & Central Asia, which is 4.98 billion current US$, 55% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 516.18 million current US$ 473.48 million current US$ 560.00 million current US$ 5
2000s 1.06 billion current US$ 543.00 million current US$ 1.97 billion current US$ 10
2010s 1.42 billion current US$ 1.25 billion current US$ 1.64 billion current US$ 10
2020s 1.78 billion current US$ 752.44 million current US$ 2.73 billion current US$ 5

Countries ranked near Cyprus

  1. 66 Venezuela 2.92 billion current US$ compare
  2. 67 Slovakia 2.81 billion current US$ compare
  3. 68 Slovenia 2.79 billion current US$ compare
  4. 70 Libya 2.68 billion current US$ compare
  5. 71 Croatia 2.67 billion current US$ compare
  6. 72 Bangladesh 2.57 billion current US$ compare

See the full ranking of 199 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 in Cyprus?
Spending by a country’s residents while travelling abroad in Cyprus was 2.73 billion current US$ in 2024, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest spending by a country’s residents while travelling abroad recorded in Cyprus?
The highest recorded value was 2.73 billion current US$ in 2024.
What is the lowest spending by a country’s residents while travelling abroad recorded in Cyprus?
The lowest recorded value was 473.48 million current US$ in 1995.
How does Cyprus rank for spending by a country’s residents while travelling abroad?
Cyprus ranks 69th out of 199 countries with data for 2024.
Is spending by a country’s residents while travelling abroad rising or falling in Cyprus?
Over the last ten years it is up 103.5%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from UN Tourism (2025) – processed by Our World in Data, published as part of Spending by a country’s residents while travelling abroad. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad in Cyprus. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-countrys-residents-while-travelling-abroad/cyprus/

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About this data

Indicator
Spending by a country’s residents while travelling abroad
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed

Money spent by a country’s residents abroad on accommodation, food, transport, entertainment, shopping, and fares paid to foreign airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.