Cyprus by the Numbers

Cyprus has generated a reported €1.57 billion in concession revenue from Larnaca and Paphos airports and Limassol port over the past two decades, with new figures showing that port receipts continued ...

The International Monetary Fund (IMF) has lowered its forecast for Cyprus’ economic growth in 2026 to 2.9 per cent from 3 per cent, while raising its projection for 2027 to 3.2 per cent from 3 per ...

Hybrid cars accounted for more than half of all passenger saloon car registrations in Cyprus during the first nine months of 2026, while the share of fully electric vehicles declined, according ...

Beer deliveries in Cyprus fell by 1.2 per cent year-on-year in September, as an increase in domestic sales was outweighed by a sharp drop in exports, according to figures released by ...

Cyprus’ state workforce reached 53,152 employees in September 2026, increasing by 622 people or 1.2 per cent from 52,530 a year earlier, according to figures released on Monday by the statistical service (Cystat).  The increase ...

Cyprus’ trade deficit widened to €6.3 billion in the first eight months of 2026, as imports increased by 10.9 per cent, more than double the 5 per cent growth recorded in exports, according to ...

Used vehicles continued to drive growth in Cyprus’ motor market during the first nine months of 2026, while registrations of new vehicles declined, according to figures released by the statistical service (...

Fuel costs continue to weigh on Cypriot motorists, with diesel prices reaching €2.126 per litre at the most expensive pump in the country and petrol prices remaining on an upward trend ...

Trips lasting at least one night by Cyprus residents rose by 13.3 per cent in 2025, reaching 3.82 million in total, as travel continued to increase across the European Union, according to figures ...

Cyprus’ short-term economic outlook improved in September 2026, supported by stronger property activity, increased card spending and rising retail sales volumes, although higher oil prices and weaker confidence among consumers and ...

Cyprus recorded a €1.59 billion general government surplus in the first eight months of 2026, according to preliminary figures from the Cyprus Statistical Service (Cystat), marking a substantial increase from the same ...

Foreign-controlled enterprises accounted for 10 per cent of jobs in Cyprus in 2024 while generating €4.76 billion in value added, highlighting their relatively small presence by number but significant contribution to the economy, ...

Cyprus recorded the second-highest annual increase in retail trade volume in the European Union in August, rising by 7.5 per cent year-on-year, according to a report from Eurostat. The increase placed ...

Cyprus recorded some of the lowest rates in the European Union for being unable to afford basic goods and services in 2025, according to Eurostat data published as part of its ...

Cyprus had one of the European Union’s highest employment rates among people aged 20 to 64 in 2025, reaching 81.3 per cent, according to Eurostat. The figure put Cyprus higher than the EU ...

Cyprus had a working-age population of 61.6 per cent on January 1, 2025, placing the country above the European Union average of 58.3 per cent, according to Eurostat. The figures show that people aged ...

Cyprus’ registered unemployment rose by 9.7 per cent year on year in September, driven mainly by public administration and defence, information and communication, and administrative and support services, according to figures ...

The sharp rise in energy prices pushed industrial producer prices higher across the euro area and European Union in August, with Cyprus also recording an increase, according to a report ...

Cyprus households are earning relatively little on their bank deposits while facing a renewed rise in mortgage borrowing costs, according to new Central Bank of Cyprus (CBC) data that puts ...

Cyprus’ Industrial Turnover Index rose by 5 per cent in July 2026, reaching 168.8 units, as stronger turnover in the local market outweighed a sharp fall in exports, according to figures released on ...

Retail sales volumes in Cyprus rose by 7.0 per cent year-on-year in August, pointing to continued strong growth in consumer activity, according to data released by the Cyprus Statistical Service (Cystat) ...

Cyprus’ current account deficit widened to €1.30 billion in the second quarter of 2026, according to Eurostat, contrasting with a substantial surplus recorded by the European Union as a whole. The deficit ...

Cyprus’ annual inflation rate remained at 5.2 per cent in September, according to a flash estimate by Eurostat, leaving the country among the member states with the highest inflation rates as ...

Cyprus recorded 9,152 new enterprises in 2024, while 5,566 businesses closed, according to Eurostat data showing that new business creation outpaced enterprise deaths on the island during the year. The figures gave Cyprus ...