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2.1: Country/Economy Profiles

Cyprus Key indicators Population (millions), 2009..............................................................................0.9 Surface area (1,000 square kilometers) ..........................................................9.3 Gross domestic product (US$ billions), 2009 ...............................................23.6 Gross domestic product (PPP, US$) per capita, 2009 ...........................28,503.7 Real GDP growth (percent), 2009.................................................................–1.7 Environmental Performance Index, 2010 (out of 163 economies) ..................96

Travel & Tourism indicators Percent of total

T&T industry, 2010 estimates

2011–2020 annual growth (%, forecast)

GDP (US$ millions) .............................................................1,701...................6.7 ....................5.6 Employment (1,000 jobs).........................................................36...................9.3 ....................3.0

T&T economy, 2010 estimates GDP (US$ millions) .............................................................4,093.................16.1 ....................5.0 Employment (1,000 jobs).........................................................77.................19.8 ....................2.6 Source: World Travel & Tourism Council, TSA Research 2010

International tourist arrivals (thousands), 2009................2,141.2 International tourism receipts (US$ millions), 2009 ........2,162.4 3,000

172

2,500

International tourist arrivals (thousands)

2,000

International tourism receipts (US$ millions)

1,500 1,000 1995

1997

1999

2001

2003

2005

2007

2009

Source: United Nations World Tourism Organization

Travel & Tourism Competitiveness Index

Rank (out of 139)

Score (1–7 scale)

2011 Index ...........................................................................................................24 2009 Index............................................................................................................21 T&T regulatory framework ..............................................................................23

4.9 4.9 5.3

Policy rules and regulations..........................................................................79 Environmental sustainability..........................................................................51 Safety and security .........................................................................................26 Health and hygiene .........................................................................................43 Prioritization of Travel & Tourism....................................................................6

4.3 4.8 5.7 5.6 6.2

T&T business environment and infrastructure ............................................14

5.1

Air transport infrastructure............................................................................21 Ground transport infrastructure....................................................................20 Tourism infrastructure ......................................................................................1 ICT infrastructure ............................................................................................31 Price competitiveness in the T&T industry...............................................109

4.7 5.3 7.0 4.6 4.2

T&T human, cultural, and natural resources ...............................................44

4.2

Human resources ............................................................................................24 Education and training .............................................................................24 Availability of qualified labor...................................................................21 Affinity for Travel & Tourism ..........................................................................11 Natural resources .........................................................................................117 Cultural resources...........................................................................................47

5.5 5.5 5.4 5.7 2.3 3.2 1

2

3

4

Note: For descriptions of variables and detailed sources, please refer to “How to the Read Country/Economy Profiles.”

The Travel & Tourism Competitiveness Report 2011 © 2011 World Economic Forum

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The Travel & Tourism Competitiveness Index in detail INDICATOR

RANK/139

INDICATOR

1st pillar: Policy rules and regulations 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09

Prevalence of foreign ownership......................................78 Property rights ..................................................................27 Business impact of rules on FDI ......................................33 Visa requirements*...........................................................42 Openness of bilateral Air Service Agreements* ............122 Transparency of government policymaking ......................31 Time required to start a business* ..................................28 Cost to start a business* .................................................73 GATS commitments* .....................................................115

RANK/139

8th pillar: Tourism infrastructure 8.01 Hotel rooms* ......................................................................1 8.02 Presence of major car rental companies* ..........................1 8.03 ATMs accepting Visa cards*.............................................12

2.1: Country/Economy Profiles

Cyprus

9th pillar: ICT infrastructure 9.01 9.02 9.03 9.04 9.05

Extent of business Internet use .......................................51 Internet users* .................................................................44 Telephone lines*...............................................................15 Broadband Internet subscribers* .....................................31 Mobile telephone subscribers* ........................................36

2nd pillar: Environmental sustainability 2.01 2.02 2.03 2.04 2.05 2.06 2.07

Stringency of environmental regulation............................49 Enforcement of environmental regulation ........................43 Sustainability of T&T industry development.....................57 Carbon dioxide emissions* ............................................113 Particulate matter concentration* ...................................84 Threatened species* .......................................................42 Environmental treaty ratification* ....................................30

10th pillar: Price competitiveness in the T&T industry 10.01 10.02 10.03 10.04 10.05

11th pillar: Human resources

3rd pillar: Safety and security 3.01 3.02 3.03 3.04

Business costs of terrorism..............................................53 Reliability of police services..............................................40 Business costs of crime and violence ..............................25 Road traffic accidents* ....................................................26

4th pillar: Health and hygiene 4.01 4.02 4.03 4.04

Physician density* ...........................................................48 Access to improved sanitation* ........................................1 Access to improved drinking water* .................................1 Hospital beds* .................................................................48

Ticket taxes and airport charges* .....................................77 Purchasing power parity* ...............................................122 Extent and effect of taxation ............................................12 Fuel price levels*..............................................................93 Hotel price index*.............................................................94

11.01 11.02 11.03 11.04 11.05 11.06 11.07 11.08 11.09 11.10

Primary education enrollment*.........................................17 Secondary education enrollment* ....................................33 Quality of the educational system....................................13 Local availability of research and training services...........43 Extent of staff training ......................................................35 Hiring and firing practices .................................................60 Ease of hiring foreign labor...............................................67 HIV prevalence*................................................................48 Business impact of HIV/AIDS ...........................................21 Life expectancy*...............................................................15

12th pillar: Affinity for Travel & Tourism 5th pillar: Prioritization of Travel & Tourism 5.01 5.02 5.03 5.04 5.05

Government prioritization of the T&T industry .................18 T&T government expenditure* ........................................11 Effectiveness of marketing and branding.........................38 Comprehensiveness of annual T&T data*..........................1 Timeliness of providing monthly/quarterly T&T data* ........1

6th pillar: Air transport infrastructure 6.01 6.02 6.03 6.04 6.05 6.06 6.07

Quality of air transport infrastructure ...............................43 Available seat kilometers, domestic* ...............................87 Available seat kilometers, international* ..........................58 Departures per 1,000 population* ...................................18 Airport density* ..................................................................9 Number of operating airlines* ..........................................37 International air transport network ..................................51

12.01 Tourism openness* ..........................................................14 12.02 Attitude of population toward foreign visitors ..................43 12.03 Extension of business trips recommended......................29

13th pillar: Natural resources 13.01 13.02 13.03 13.04

Number of World Heritage natural sites*.........................75 Protected areas*.............................................................101 Quality of the natural environment...................................56 Total known species* .....................................................125

14th pillar: Cultural resources 14.01 14.02 14.03 14.04

Number of World Heritage cultural sites*........................62 Sports stadiums*................................................................8 Number of international fairs and exhibitions*.................59 Creative industries exports*.............................................91

7th pillar: Ground transport infrastructure 7.01 7.02 7.03 7.04 7.05

Quality of roads ................................................................23 Quality of railroad infrastructure ......................................n/a Quality of port infrastructure ............................................39 Quality of ground transport network ................................80 Road density* ...................................................................24

Notes: Ranks of notable competitive advantages are highlighted. An asterisk (*) indicates that data are from sources other than the World Economic Forum. For further details and explanation, please refer to the section "How to Read the Country/Economy Profiles" at the beginning of this chapter.

The Travel & Tourism Competitiveness Report 2011 Š 2011 World Economic Forum

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Tourism Competitiveness Report  

Cyprus - Country Profile. World Economic Forum Travel and Tourism Competitiveness Report

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