Cyprus by the Numbers

Cyprus’ tax reform, which took effect on January 1, 2026, is expected to deliver direct financial benefits to taxpayers through revised tax scales, according to the audit office. The office said the ...

Retail trade volumes in Cyprus recorded the strongest annual growth in the EU in November 2025, as consumer spending accelerated on the island, while monthly gains across Europe remained modest, according ...

Cyprus recorded a trade deficit of €7.28 billion during the first eleven months of 2025, as imports continued to outweigh exports, according to provisional figures released by the state statistical service (Cystat). ...

Cyprus recorded a seasonally adjusted unemployment rate below the EU average in November 2025, according to Eurostat data, reflecting relatively favourable labour market conditions compared with the wider bloc. The unemployment ...

Cyprus recorded one of the sharpest monthly declines in industrial producer prices in November 2025, according to a report by Eurostat. According to Eurostat’s first estimates, industrial producer prices in ...

Cyprus recorded negative domestic inflation in December 2025 as consumer prices edged slightly higher month-on-month but fell on an annual basis, according to figures released by the state statistical service on ...

Cyprus recorded the lowest inflation rate in the eurozone in December, with consumer prices estimated to have risen by 0.1 per cent year on year, unchanged from November, according to preliminary ...

Registered unemployment in Cyprus fell in December 2025, with official data showing fewer people out of work compared with both the previous month and the same period a year earlier, reflecting ...

Cyprus’ Industrial Turnover Index rose in October 2025, highlighting continued growth across most industrial sectors and reflecting stronger manufacturing and export activity. According to the state statistical service (Cystat), the index ...

The Central Bank of Cyprus (CBC) on Friday reported that bank deposits and loans increased in Cyprus in November 2025, reflecting continued growth in household savings and credit despite a slowdown ...

Cyprus’ retail trade continued to expand in November 2025, supported by solid consumer demand across most categories, according to figures released on Friday by the Statistical Service (Cystat). The Turnover Value ...

Cyprus’ Index of Industrial Output Prices remained stable year on year in November 2025, according to a report from the state statistical service (Cystat). The index reached 122.1 units in November 2025, based ...

Cyprus sharply increased its fireworks imports in 2024, according to Eurostat, with overall EU purchases from non-EU countries rising in both volume and value during this time, highlighting growing demand across ...

The Treasury has announced that the execution of the state budget for the first 11 months of 2025 showed a decline in revenues compared with last year, while spending execution recorded a ...

Cyprus’ Industrial Production Index reached 116.4 units in October 2025, using 2021 as the base year set at 100 units, according to the Statistical Service (Cystat) . The index rose by 3.5 per cent compared with ...

The total sales of petroleum products in Cyprus rose by 5.6 per cent in November 2025, compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

Technology, tourism and services to underpin Cyprus GDP growth The Central Bank of Cyprus (CBC) on Monday published its December 2025 macroeconomic forecasts, outlining expected growth, inflation and labour market trends ...

The cost of the Christmas meal in Nicosia remained unchanged in 2025, while the cost of a reduced grocery basket for lower-income households rose by 9 per cent compared with last year, ...

Agricultural prices across the European Union rose again in 2025 after a brief dip, according to Eurostat, with Cyprus standing out for recording one of the slowest increases in milk prices, ...

Cyprus recorded levels of actual individual consumption close to the EU average during 2024, according to Eurostat, reflecting relatively strong household material welfare compared with several other member states. Across the ...

Cypriots top EU workers in average earnings Cypriot citizens earned more on average than EU nationals working on the island during 2022, according to an earning report released on Thursday by ...

Cyprus recorded the lowest annual inflation rate in the European Union in November 2025, according to figures published by Eurostat, highlighting easing price pressures on the island at a time when ...

Cyprus saw hourly wage costs rise by 3.5 per cent in the third quarter of 2025, according to Eurostat figures, reflecting continued labour cost pressures in line with broader trends across the ...

Inflation in Cyprus remained low in November, with the Harmonised Index of Consumer Prices rising by just 0.1 per cent year-on-year, according to data released by the Statistical Service (Cystat) on ...