Cyprus by the Numbers

Cyprus recorded an average monthly full-time salary of €2,203, placing it below the EU benchmark of €3,155 but still above the €2,000 mark. The figures, based on 2023 Eurostat data, highlight a sharp divide ...

Greek retail chain Jumbo Group this week reported a significant increase in store sales across Cyprus and Greece for April 2025, continuing the upward trend seen earlier this year. Specifically, sales ...

Deposit interest rates in Cyprus declined in March 2025 for both households and businesses, reflecting a softening trend in returns on short-term savings, according to the Central Bank of Cyprus (CBC). ...

The number of unemployed persons registered at district labour offices across Cyprus stood at 8,118 at the end of April 2025, according to the latest data released by the Cyprus Statistical Service (...

The Industrial Turnover Index in Cyprus continued its upward trend in February 2025, reflecting positive momentum across several key sectors of the economy. According to data released, the index reached 130.4 units, ...

Cyprus’ retail trade sector saw robust growth in March 2025, with both the value and volume of turnover rising by 5.6 per cent compared to the same month last year. According to ...

Cyprus recorded a general government surplus of €580.6 million in the first quarter of 2025, according to preliminary data published by the Cyprus Statistical Service (Cystat) on Friday. The surplus represents 1.6 per ...

The Index of Industrial Output Prices in Cyprus rose by 0.2 per cent in March 2025, reaching 121.9 units, based on 2021 as the reference year set at 100 points, according to official data released ...

The average gross monthly earnings of employees in Cyprus rose by 5.3 per cent in 2024, reaching €2,487, according to provisional data released on Wednesday by the state statistical service. In terms of ...

Cyprus’ industrial production recorded a steady rise of 4.3 per cent in the first two months of 2025 compared with the same period in the previous year, according to a report from ...

Total sales of petroleum products in Cyprus reached 107,291 tonnes in March 2025, marking a slight annual decrease of 0.8 per cent compared to March 2024, according to official data published on Monday. The ...

The Republic of Cyprus significantly narrowed its fiscal deficit in the fourth quarter of 2024, according to preliminary figures published by the Cyprus Statistical Service (Cystat) on Friday. The general government ...

The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023. The ...

Cyprus recorded a positive economic growth rate of 3.4 per cent in real terms for 2024, with its gross domestic product (GDP) reaching €33.57 billion at current prices. In addition, according a report ...

The International Monetary Fund (IMF) on Tuesday revised down its forecast for Cyprus’ economic growth, projecting a rate of 2.5 per cent of GDP in 2025. This is significantly lower than its ...

Cyprus recorded the second highest budget surplus among European Union member states in 2024, according to data released by Eurostat on Tuesday. The island tied with Ireland, with both countries reporting ...

Cyprus recorded a 2.1 per cent year-on-year increase in the Harmonised Index of Consumer Prices (HICP) in March, when compared with March 2024, according to official figures released on Thursday. Moreover, on ...

The Cyprus Statistical Service released its bimonthly economic development bulletin on Tuesday, covering activity across a number of sectors for January and February 2025. Specifically, the report offers detailed updates on ...

Cyprus remains heavily reliant on imported medicines, with only around 40 per cent of authorised pharmaceutical products actually available on the island, according to a European Commission staff working document on ...

Cyprus’ government workforce increased by 574 people in March 2025, marking a one per cent annual rise and bringing the total number of employees to 55,325, according to the state statistical service. The ...

The value of bounced cheques in Cyprus rose to €156,564 in the first quarter of 2025, according to data published on Thursday by the Central Bank of Cyprus (CBC). The CBC noted ...

Cyprus recorded a trade deficit of €1.24 billion during the first two months of 2025, marking an increase of €102.7 million compared to the same period in 2024, according to the state statistical service. ...

Six in ten young people in Cyprus see finding a job as their biggest challenge, while a quarter are worried about the country’s future and one in five say ...

Cyprus saw a 14.8 per cent decline in total beer sales in March, when compared to the same period in 2024, according to the latest data released by the state statistical service ...