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Ministry of Finance, Statistical Service



30/10/2020
Latest Figures: Revenue from Tourism, Aug 2020

On the basis of the results of the Passenger Survey carried out by the Statistical Service, revenue from tourism in August 2020 reached €71,1 mn compared to €431,6 mn in the corresponding month of the previous year, recording a decrease of 83,5%.

For the period January – August 2020, revenue from tourism is estimated at €235,6 mn compared to €1.856,8 mn in the corresponding period of 2019, recording a decrease of 87,3%.

The expenditure per person for August 2020 reached €681,81 compared to €779,31 in the corresponding month of the previous year, recording a decrease of 12,5%. Additionally, the daily expenditure per person for August 2020 compared to August 2019 recorded a decrease of 36,8% (from €78,72 to €49,77).


Note:
Following the decrees issued by the Government of Cyprus and the measures taken to prevent the spread of the coronavirus pandemic (COVID-19), a ban of entry to Cyprus was imposed on several categories of persons, including tourists, for the period 15/3-8/6/2020. As of 9/6/2020, a gradual easing of the travel restrictions to Cyprus was implemented, allowing arrivals from specific countries, according to the epidemiological risk categorisation issued by the Ministry of Health.


RELATED TABLES

REVENUE ESTIMATES

PER PERSON AND PER DAY EXPENDITURE OF TOURISTS (Monthly Data)










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