Cyprus Tourism Revenue Hits €3.69 Billion, Marking New Record For The Sector

Strong Recovery Drives Historic Growth

Cyprus recorded €3.69 billion in tourism revenue in 2025, up 15.2% year-over-year, according to data from the Statistical Service of Cyprus (Cystat). Revenue increased by €486 million compared with 2024, marking the highest annual total on record.

Monthly Highlights And Consistent Gains

Tourism receipts in December reached €96.7 million, an 11.3% increase compared with December 2024. The data show continued year-end momentum in the sector.

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Shifts In Spending Patterns

Average expenditure per tourist declined despite higher total revenue. In December 2025, per-visitor spending fell 5.7% to €616.29 from €653.27 a year earlier. The figures indicate that revenue growth was driven primarily by higher arrivals rather than increased per capita spending.

Market Specific Spending Trends

Israeli tourists accounted for 19.1% of total arrivals in December and recorded the highest average daily spending at €145.03. British visitors represented 19% of arrivals, with average daily expenditure of €65.39. Polish tourists, who made up 11.3% of arrivals, spent €85.69 per day on average. The variation in spending across source markets remains a key factor for revenue strategy.

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Cyprus Industrial Sector Demonstrates Robust End-Of-Year Performance

by THEFUTURE.TEAM

March 8, 2026

Recent data from the Cyprus Statistical Service show that the Industrial Turnover Index reached 139.8 in December 2025, compared with a base value of 100 in 2021. The figure represents a 4.9% increase compared with December 2024.

Strong Momentum Across the Board

For the full year, the index increased by 5% compared with 2024. The figures indicate continued activity across several industrial sectors in Cyprus.

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Manufacturing And Mining Drive Growth

Manufacturing recorded the largest increase, with the index reaching 146.8 in December. This represents a 7.1% increase compared with the same month a year earlier. Mining and quarrying also recorded a higher turnover, with an increase of 6%.

Sectoral Disparities Highlight Strategic Challenges

Not all sectors recorded growth during the same period. The electricity supply sector reported a 3.8% decline, while the water supply and materials recovery sector decreased by 6.8% year-on-year.

Aligned With European Standards

The Industrial Turnover Index measures monthly changes in turnover across key industrial sectors, including mining, manufacturing, electricity supply, and water supply. Under the NACE Rev. 2 classification used across the European Union, the index covers sections B, C, D, and E. Activities such as sewerage, waste collection, and remediation are not included.

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