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3/17/10

Swedish tourists tightest on Cyprus

Revenues from Cyprus's vital tourism sector dipped 5.7 percent in the first two months signalling another rocky year for the Mediterranean island's economy.

The average daily spending by tourists in February was 62.2 euros - and the Swedes spend the least.

The Irish were the biggest spenders at 168 euros a day, while the Swedish were the most frugal, spending just 39.1 euros a day on average.

Income from tourism makes up 12 percent of gross domestic product. On the back of disappointing tourism income, the Cyprus economy contracted by 1.7 percent in 2009 to end decades of robust growth.

For more: Swedish tourists tightest on Cyprus

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