Cyprus - Hotels, Motels, Inns and Similar Accommodation Services HICP
Since 2016, Cyprus Hotels, Motels, Inns and Similar Accommodation Services HICP was down by 2% year on year. In 2020, the country was ranked number 25 comparing other countries in Hotels, Motels, Inns and Similar Accommodation Services HICP with 96.67 Indexes 2015 = 100. Cyprus is overtaken by Denmark, which was number 24 with 98.3 Indexes 2015 = 100 and is followed by Estonia with 95.95 Indexes 2015 = 100. Macedonia ranked the highest with 126.84 Indexes 2015 = 100 in 2020, that is -1.3% compared to 2019. Hungary, Netherlands and Slovenia respectively ranked number 2, 3 and 4 in this ranking. Macedonia witnessed the best average annual growth at +4.9% per year, while Iceland witnessed the worst performance at -3.2% per year.
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| Date | Indexes 2015 = 100 |
|---|---|
| 2020 | 96.67 |
| 2019 | 108.85 |
| 2018 | 111.90 |
| 2017 | 111.23 |
| 2016 | 104.87 |
How does Cyprus rank in Hotels, Motels, Inns and Similar Accommodation Services HICP?
| # | 32 Countries | Indexes 2015 = 100 | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Macedonia
|
126.84 | 2020 | -1.3 % | +4.9 % | View data | |
| 2 |
#2
Hungary
|
123.71 | 2020 | +4.0 % | +4.3 % | View data | |
| 24 |
#24
Denmark
|
98.30 | 2020 | -13.0 % | -0.3 % | View data | |
| 25 |
#25
Cyprus
|
96.67 | 2020 | -11.2 % | -2.0 % | View data | |
| 26 |
#26
Estonia
|
95.95 | 2020 | -16.4 % | -1.9 % | View data | |