Key Market Indicators
Tourist arrivals in Cyprus are projected to hit approximately 5.1 million by 2028, up from an estimated 4.6 million in 2023. This marks an annual growth rate of 1.8% in the compound annual growth rate (CAGR). The trend follows a longstanding upward trajectory, with demand for tourism in Cyprus increasing by an average of 2.6% each year since 2000. The island nation continues to bolster its appeal as a prime destination for travelers, contributing to the steady rise in visitor numbers.
