In August of 2019 alone, the peak season for Greek tourism, revenues increased by 16.1 percent over those recorded in August of 2018, which was already a record-breaking month for tourism revenue. The Portuguese tourism sector is set to grow by 5.3 per cent in 2019, more than double the European average, according to the World Travel and Tourism Council. Cyprus is a small island with a long history and a rich culture that spans 10,000 years, making it one of the oldest civilisations in the Mediterranean - as evidenced by the many fascinating cultural sights, museums, monuments and galleries. In 2007 the CTO spent a reported €20 million on promotion. Tourism Revenues in Portugal averaged 697.98 EUR Million from 1996 until 2020, reaching an all time high of 3020.03 EUR Million in August of 2019 and a record low of 199.98 EUR Million in February of 1996. Tourism Statistics Get the latest and most up-to-date tourism statistics for all the countries and regions around the world. On the basis of the results of the Cyprus Passenger Survey, revenue from tourism reached EUR299,4 million in October 2019 compared to EUR293,8 million the corresponding month of the 2018, recording an increase of 1,9 percent.

Tourism Revenues in Portugal increased to 260.45 EUR Million in May from 202.21 EUR Million in April of 2020. Strong tourism growth bodes well for the Portuguese economy, considering tourism brings in 20 per cent of the country’s GDP. The industry, which employs just over a … Data on inbound, domestic and outbound tourism is available, as well as on tourism industries, employment and complementary indicators. Since 2014, tourist arrivals have risen for five consecutive years, reaching peak levels in 2018. In 2007 the CTO spent a reported €20 million on promotion. By browsing on our website, you are agreeing to our cookies policy.On the basis of the results of the Cyprus Passenger Survey, revenue from tourism reached EUR299,4 million in October 2019 compared to EUR293,8 million the corresponding month of the 2018, recording an increase of 1,9 percent.For the period of January – October 2019 revenue from tourism is estimated at EUR2,533,4 million compared to EUR2,562,3 million in the corresponding period of 2018, recording a decrease of 1,1percent.The expenditure per person for October 2019 reached EUR685,82 compared to EUR677,60 in the corresponding month of the previous year, recording an increase of 1,2 percent.The expenditure per person/per day for October 2019 compared to October 2018 also recorded an increase of 1,2 percent (from EUR76,13 to EUR77,06).

Most visitors arriving to Cyprus on short term basis were from the following countries:English is the universal language since the island has an international outlook.The Cyprus Tourism Organisation, usually abbreviated to CTO, and known as KOT in Greek, was a semi-governmental organisation charged with overseeing the industry practices and promoting the island as a tourism destination abroad. The average length of stay remained the same as 2018 (8,9 days).The expenditure per person for the period of January – October 2019 reached EUR685,22 compared to EUR697,54 in the corresponding period of 2018, recording a decrease of 1,8 percent.

In revenue terms, tourism accounted for the equivalent of 13,1% of nominal GDP in 2018, rising by a modest 2,7% to €2,7 billion, compared to the prior year. Total number of tourists in Cyprus in 2018 was 3,938,625. Cyprus tourism industry, with the number of tourist arrivals reaching 3,9 million.

The economy of Cyprus is a high-income economy as classified by the World Bank, and was included by the International Monetary Fund in its list of advanced economies in 2001. The expenditure per person/per day for the period of January – October 2019 compared to the period of January – October 2018 recorded an increase of 0,4 percent (from EUR75,82 to EUR76,14).

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