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One in four Cyprus residents cannot afford an annual holiday

30.07.2026 / 17:12
News Category

About 27.6% of Cyprus residents over the age of 16 cannot afford a week-long holiday away from home. Eurostat reported these figures for 2025.

Cyprus’s figure was slightly above the European Union average — across EU countries, the share of people unable to afford a week-long holiday was 27.5%.

Among Southern European countries, the most difficult situation was recorded in Greece, where almost half of the population (46.6%) cannot afford a week-long holiday. Romania recorded the highest figure at 61.4%.

In Bulgaria and Hungary, the share of residents facing such financial difficulties was 39.1%.

Meanwhile, in neighbouring Turkey, the figure was higher than in Cyprus — 50.5% of residents cannot afford a week-long holiday.

Across the EU as a whole, the share of people unable to afford an annual holiday rose by 0.5 percentage points in 2025 compared with 2024. However, the situation has improved over the past decade: since 2015, the figure has fallen by 7.7 percentage points.

The lowest figures were recorded in Luxembourg (10.6%), Sweden (12.4%) and the Netherlands (12.8%).

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