Cyprus by the Numbers

The hourly labour cost in Cyprus increased by 5.6 per cent in the fourth quarter of 2024, according to preliminary data published this week by the Cyprus Statistical Service (Cystat). This rise ...

Cyprus’ Construction Materials Price Index for February 2025 recorded an annual increase of 1.38 per cent, according to the latest data from the Cyprus Statistical Service (Cystat). Meanwhile, prices for the first ...

Employment in the broader public sector in Cyprus increased by 1,476 individuals, a rise of 2 per cent, in the fourth quarter of 2024, when compared to the same period in 2023. According to ...

Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC). This figure ...

The number of job vacancies in Cyprus rose by 8 per cent year-on-year during the fourth quarter of 2024, reaching 12,997 positions, according to data released by the Cyprus Statistical Service (Cystat). When ...

Cyprus aims to reduce conventional vehicle use from 97 per cent to 70 per cent by 2030, under its National Energy and Climate Plan (NECP), requiring the registration of 85,000 electric vehicles. However, with ...

Cyprus’ wholesale trade sector recorded a slight increase of 0.4 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to a report released by the Cyprus ...

Cyprus’ trade deficit decreased by €213 million in 2024, reaching €8.25 billion, compared to €8.47 billion in 2023 and €7.12 billion in 2022. However, the trade deficit for January 2025 increased by €127.5 million, reaching €682.7 million, up from €555.2 million ...

Cyprus’ government employment increased by 599 people in February 2025, a rise of 1.1 per cent, compared to February 2024, reaching a total of 55,296 employees. According to the state statistical service, this growth was ...

Vehicle registrations in Cyprus saw a significant decrease in February 2025, with total registrations dropping 13.6 per cent to 3,757, down from 4,346 in February 2024, according to Monday’s report from the statistical service. ...

Cyprus’ general government surplus for January 2025 stood at €566.9 million, equivalent to 1.6 per cent of GDP, according to preliminary data released on Monday by the state statistical service. This represents an ...

The presidency on Monday announced that the government’s target for full employment was achieved within the first two years of its term, something it described as an important milestone. ...

The turnover index for transport and storage in Cyprus increased by 1.6 per cent in 2024 compared to the previous year, according to a report released this week by the Cyprus Statistical ...

The industrial turnover index in Cyprus recorded a 1.6 per cent increase in 2024 compared to the previous year, according to a report released this week by the Cyprus Statistical Service. In ...

The value of bounced cheques remained at the same level as the previous month in February 2025, with an increase in the number of cheques issued, according to the Central Bank ...

Cyprus’ Consumer Price Index (CPI) saw an increase in February 2025, pushing the annual inflation rate to 1.9 per cent, according to the latest figures from the state statistical service. Specifically, the ...

New loans in Cyprus saw a significant decline in January 2025, with total net new lending dropping to €318.7 million from €592 million in December, according to a report released by the Central ...

Retail trade turnover in Cyprus recorded an annual increase in both value and volume in January, according to the state statistical service. The retail trade turnover value index, excluding motor ...

Cyprus has recorded a surplus of €1.5 billion for 2024, equivalent to 4.5 per cent of GDP, according to preliminary results released on Tuesday by the state statistical service. This marks a sharp ...

The annual inflation rate in Cyprus is projected to reach 2.3 per cent in February 2025, down from 2.9 per cent in January, according to preliminary estimates by Eurostat, the statistical office of ...

The industrial producer price index for January 2025 stood at 121.9 points, with 2021 acting as the base year set at 100 points, marking a 0.3 per cent decrease compared to the same month in 2024, ...

Cyprus’ petroleum product sales saw a slight dip in January 2025, falling by 2.9 per cent from the previous year to 106,552 tonnes, according to the Cyprus Statistical Service (Cystat).    Despite the overall ...

The Industrial Production Index for January–December 2024 increased by 3 per cent, compared to the same period the year before, according to a report from the Cyprus Statistical Service (Cystat). Among ...

Unemployment in Cyprus fell to 4.6 per cent in the fourth quarter of 2024, according to a report published by the Cyprus Statistical Service on Thursday. The number of unemployed people stood ...