Cyprus by the Numbers

Hourly labour costs in Cyprus rose by 3.5 per cent in the third quarter of 2025, compared with the corresponding quarter of the previous year, according to provisional data released by the ...

The Central Bank of Cyprus (CBC) on Tuesday reported a sharp improvement in loan quality across the Cypriot banking sector, alongside a decline in profitability, reflecting changing conditions across the ...

Cyprus’ social spending drops to 19.2 per cent of GDP in 2023 Social protection expenditure fell as a percentage of Gross Domestic Product (GDP) in 2023, even as the total spending increased in ...

Cyprus recorded strong growth in industrial production in October 2025, outperforming the euro area and EU averages, according to new figures released this week by Eurostat. Eurostat reported that in October 2025, ...

Employment in the broad public sector in Cyprus stood at 74,431 in the third quarter of 2025, an increase of 1.8 per cent year-on-year, according to figures released on Monday by the statistical ...

Cyprus’ Statistical Service (Cystat) on Monday announced that turnover increased in wholesale trade and in the trade and repair of motor vehicles during the third quarter of 2025, reflecting continued economic ...

Cyprus experienced decline in job vacancies in the third quarter of 2025, according to the state statistical service (Cystat). This signals easing labour demand across the economy as hiring slowed during ...

Cyprus’ bus fleet remained one of the smallest in the European Union in 2024, something which is commensurate with its size, according to a report released on Friday by Eurostat. Specifically, ...

Eurostat on Friday reported that the EU employment rate for people aged 20 to 64 held steady at 76.2 per cent in the third quarter of 2025. This latest release comes shortly after recent ...

Eurostat this week reported that the use of artificial intelligence among EU enterprises continued to rise sharply in 2025, with Cyprus trailing behind the European average despite steady improvement over the ...

The Central Bank of Cyprus published its balance sheet this week, showing total assets and liabilities of €29.74 billion as of the end of November, 2025. Gold and gold receivables reached €1.45 bn, ...

Total government employment in Cyprus registered a marginal increase in November 2025, reaching 55,367 persons, according to a report from the state statistical service (Cystat). The report showed mixed trends across different ...

Cyprus recorded a further widening of its trade deficit in October, as both imports and exports retreated compared with last year, according to new figures released on Wednesday by the ...

Bank of Cyprus (BoC) has introduced its new Virtual Card, launched under the central message ‘The card that lives in your phone’, bringing the online shopping experience directly into everyday ...

Cyprus’ AKTI Project and Research Centre has launched a fire-restoration initiative in the Laona region of Limassol, supported by Chevron Cyprus, after the July 2025 wildfires. The area, which relies on ...

Safe Bulkers, the Limassol-linked dry-bulk shipowner listed on the New York Stock Exchange, delivered a profit in the third quarter of 2025 despite softer rates, lower scrubber earnings and ongoing geopolitical ...

EU farms produced an estimated 161.8 million tonnes of raw milk in 2024, marking an increase of 0.9 million tonnes compared with 2023, according to Eurostat. This latest development confirmed the relatively steady growth ...

Inflation in Cyprus remained subdued in October, with the Harmonised Index of Consumer Prices rising by only 0.2 per cent year on year, according to the state statistical service (Cystat). The ...

Cyprus’ economy recorded robust growth in the third quarter of 2025, with new national and European data confirming that the country continues to outperform the wider region. According to a flash ...

Industrial production in Cyprus recorded significant growth in September 2025, according to first estimates released by Eurostat this week. Cyprus’ manufacturing sector showed a strong increase month-on-month, even as the broader ...

Road freight transport showed an increase both within Cyprus and in traffic from and to Cyprus during the second quarter of 2025, according to the Cyprus Statistical Service (Cystat). Specifically, the ...

The number of bounced cheques registered in Cyprus reached 14 in October, with a total value of €176,435, according to figures published on Thursday by the Central Bank of Cyprus (CBC). This ...

Eurostat on Wednesday announced that the average annual full-time adjusted salary for employees in the EU surged by 5.2 per cent in 2024, however, Cyprus saw its average remain significantly below the ...

Total employment in the Cyprus government reached 54,976 people in October 2025, marking a small increase of 92 employees or 0.2 per cent compared with the same month in 2024. According to the Cyprus Statistical ...