Cyprus by the Numbers

The harmonised index of consumer prices in Cyprus (HICP) in January 2024 increased by 2.1 per cent compared to January 2023, according to a report released on Thursday by the Cyprus Statistical Service (...

Cyprus’ central government debt, comprising approximately 99 per cent of the total debt of the Republic of Cyprus, reached €22.4 billion at the end of 2023, according to a report released this week. ...

Cyprus experienced a yearly drop in tourist arrivals in January 2024, the first time this has happened since March 2021, thus interrupting a long-running positive streak in tourist numbers. According to a ...

Government employment in Cyprus witnessed a significant increase of 2,687 people (5.2 per cent) in January 2024, compared to the corresponding month in 2023, reaching a total of 54,706 people, as reported by the Cyprus ...

Cyprus is expected to experience further growth in its Gross Domestic Product (GDP) in 2024, combined with a slowdown in inflation, according to the European Commission’s interim winter forecast, released ...

The Cypriot economy grew by 2.1 per cent in the fourth quarter of 2023, compared to a growth rate of 2.3 per cent recorded in the corresponding quarter of 2022, according to a report ...

The total volume of beer deliveries in Cyprus during the period of January to August 2023 experienced a slight increase, while exports witnessed an impressive 18 per cent surge during the same ...

Cyprus’ trade deficit reached €8.57 billion in 2023, marking an 18 per cent year-on-year increase, according to a report released on Friday by the Cyprus Statistical Service (Cystat), The report, which utilised preliminary ...

Registrations of saloon vehicles showed a double-digit increase in January 2024, according to a report by the Cyprus Statistical Service (Cystat). Specifically, the report showed that registrations of passenger saloon cars ...

The number of registered unemployed individuals in Cyprus saw a significant decrease of 12.3 per cent on an annual basis in January 2024, according to a report released this week by the ...

Cyprus experienced a modest uptick in inflation in January 2024, with a 1.7 per cent increase compared to a 1.64 per cent rise in December 2023. The annual inflation rate for January 2023 had reached 7.11 ...

New lending in Cyprus remained stable during 2023, a reflection of an economic environment dominated by high interest rates, which also pushed loan restructurings to historically unprecedented levels. According to a ...

The Central Bank of Cyprus (CBC) this week released a quarterly report showing that the interest rate on household deposits with a maturity of up to one year increased to 2.29 ...

The Non-Performing Loan (NPL) ratio in Cyprus remained unchanged at 8.3 per cent in November 2023, according to a report released on Thursday by the Central Bank of Cyprus (CBC). According to ...

Private debt in Cyprus, including households and non-financial companies, reached 206 per cent of GDP at the end of the third quarter of 2023, according to a report released this week by ...

The value of deposits in the Cypriot banking system experienced a substantial monthly increase of €346 million in December 2023, reaching a total €52.2 billion, according to a report released on Friday by ...

Cyprus’ National Betting Authority on Wednesday reported a total revenue of €259.4 million for the third quarter of 2023, marking a 9 per cent increase from the same period in 2022 and an increase ...

Cyprus Stock Exchange (CSE) wrapped up 2023 on a high note, with listed securities exceeding €4 billion, according to the CSE’s figures published for December. The General Index reached 136,01 points, representing ...

According to data published on Friday by Eurostat, Cyprus experienced a 14 per cent decrease in potato prices in 2023. Similar trends were observed in Belgium (18 per cent decrease) and Austria (4 per ...

The rate of inflation continued on a downward path in December, according to the Consumer Protection Service which monitors the prices of consumer products. Inflation in December was down to 1.6 ...

According to the annual data published by Eurostat, the EU exported 32.1 million tons of waste to third countries in 2022, marking a 3 per cent decrease from 2021. Concurrently, waste imports to the ...

According to the Cyprus Statistical Service (Cystat), the prices of construction materials show a small increase. The Construction Materials Price Index for 2023 recorded an increase of 2.91 per cent per compared ...

Cyprus is among the top European Union countries in car ownership, with 658 passenger cars per 1,000 inhabitants – an increase of 19.85 per cent over the past decade – according to the latest Eurostat ...

Cyprus Statistical Service (Cystat) reported a 20.1 per cent increase in total tourist arrivals for the year 2023 compared to the previous year, which marked the third-best year on record after 2018 and 2019. ...