Revenue from tourism records an increase in Jan-Aug 2023
Revenue from tourism records an increase in Jan-Aug 2023
6/11/2023 9:01

Revenue from tourism reached €483,0 mn in August 2023 compared to €399,7 mn in the corresponding month of the previous year, recording an increase of 20.8%, based on the results of the Passengers Survey, carried out by the Statistical Service.

According to CyStat, for the period of January – August 2023, revenue from tourism is estimated at €2.027,7 mn compared to €1.617,1 mn in the corresponding period of 2022, recording an increase of 25.4%.

Expenditure analysis

The average expenditure per person was €944,51 in August 2023 compared to €885,98 in August 2022, recording an increase of 6.6%.

Tourists from the United Kingdom (the largest tourist market with 35.9% of the total tourists in August 2023) spent on average €100,49 per day, while tourists from Israel (the second largest market during the specific month with 14.9% of the total tourists) spent on average €142,11 per day. Tourists from Poland (the third largest market with 5.8%), spent on average €95,21 per day.

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