cyprus tourism contribution to gdp

Tourism in Cyprus occupies a dominant position in the economy.

In 2007 the CTO spent a reported €20 million on promotion. With almost 4 million tourist arrivals per year, it is the 40th most popular destination in the world. 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. In the same year, the total employment was estimated at 113,000 jobs.

Total number of tourists in Cyprus in 2018 was 3,938,625. However, per capita of local population it rank…

In 2006, the tourism industry contributed 10.7% of the GDP which in real terms it generated a total of US$5,445.0 mn. Moreover, it significantly impacts Cyprus culture and its multinational/multiculturaldevelopment throughout the decades.

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