Cyprus by the Numbers

The tax-to-GDP ratio in Cyprus saw a slight increase in 2024, rising to 37.6 per cent from 37.5 per cent in 2023, according to data on taxation published by Eurostat. The overall tax-to-GDP ratio, ...

Euro area annual inflation is expected to have reached 2.1 per cent in October 2025, a slight decrease from the 2.2 per cent recorded in September, according to a flash estimate from Eurostat. ...

Cyprus retail trade rose sharply in September 2025, lifted by higher consumer spending across most categories, according to figures released on Monday by the Statistical Service (Cystat). The Turnover Value Index ...

The Index of Industrial Output Prices in Cyprus for September 2025 reached 122.3 units, using 2021 as the base year with 100 units, according to the Statistical Service (Cystat). The index recorded a decrease ...

Cyprus recorded a budget surplus of €1.17 billion, equal to 3.2 per cent of GDP, in the first nine months of 2025, according to preliminary figures released on Friday by the Cyprus Statistical ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

Cyprus’ Industrial Production Index reached 91.1 units in August 2025, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat). This represented an increase of 0.8 per cent compared ...

Cyprus’ unemployment rate eased to 4.9 per cent in September 2025, down from 5.1 per cent in August, with around 26,000 people registered as jobless, according to Eurostat. The figure remains well below the ...

Finance Minister Makis Keravnos on Wednesday announced the extension of the zero VAT rate on certain basic goods until December 2026, following a Cabinet meeting that approved a related proposal. The ...

Average monthly earnings in Cyprus continued to rise during the second quarter of 2025, with gross salaries increasing by 4.2 per cent compared to the same period last year, according to provisional ...

The total sales of petroleum products in Cyprus increased by 11.2 per cent in September, when compared with the same month in 2024, the state statistical service (Cystat) announced on Monday. Total ...

Deposits in Cypriot banks rose sharply in September, while lending also strengthened, reflecting resilient liquidity and stable credit demand, according to the Central Bank of Cyprus (CBC).  In its Monetary ...

The subjective poverty rate in the European Union fell to 17.4 per cent in 2024, an improvement from the rate of 19.1 per cent recorded in 2023, according to figures released on Thursday by ...

Figures released by Eurostat on Thursday show that labour market slack in the European Union stood at 11.7 per cent of the extended labour force in 2024. This represents 26.7 million people aged 15 ...

Cyprus’s Consumer Price Index remained negative for the fourth consecutive month in September 2025, according to the latest data from the statistical service and the Consumer Protection Service’s Consumer ...

Cyprus recorded one of the strongest budget surpluses in the entire European Union in 2024, coming in second only to Denmark and defying the deficit trend seen across the euro area ...

Government debt, measured as a percentage of gross domestic product (GDP), increased across the euro area and the wider European Union (EU) at the end of the second quarter of 2025, ...

Cyprus’ general government recorded a fiscal surplus of €1.44 billion in 2024, equivalent to 4.1 per cent of GDP, according to audited data verified under the European Commission’s Excessive Deficit Procedure. According ...

Cyprus recorded a GDP per inhabitant of €37,100 in purchasing power standards (PPS) in 2023, according to Eurostat data published this week. The figure stood just below the EU average of €38,100 PPS, ...

The Cyprus economy grew by 3.9 per cent in real terms in 2024, according to revised national accounts data released on Monday by the state statistical service (Cystat). At current prices, Gross ...

Construction material prices in Cyprus rose by 1.44 per cent in September 2025, compared with the same month last year, even as costs remained largely stable from August. Specifically, the Cyprus Statistical ...

The Consumer Price Index (CPI) in Cyprus remained unchanged in September 2025 compared with September 2024, according to data released on Friday by the state statistical service. On a monthly basis, the ...

Cyprus registered the lowest inflation rate in the European Union in September 2025, with annual consumer prices remaining unchanged at 0.0 per cent, according to the latest figures released by Eurostat on ...

The Central Bank of Cyprus (CBC) released an updated report on the country’s non-performing loans (NPLs), showing that a further decline in the NPL ratio was recorded in July. ...