Cyprus by the Numbers

Cyprus’ economic growth is expected to slow in 2026 despite a modest improvement in the wider European economy, according to updated projections published by the Economics Research Centre of the University ...

Cyprus recorded a modest annual increase of 0.5 per cent in its industrial production index during May 2026, according to figures released by the state statistical service (Cystat). The overall index reached 116.7 ...

Cyprus youth unemployment holds firm at 7.8 per cent Cyprus recorded one of the lowest unemployment rates in the European Union in June 2026, with joblessness on the island falling to 3 per ...

Drop in UK arrivals, among other markets, hits Cyprus tourism revenue Cyprus’ tourism revenue fell by 4.8 per cent in May 2026 as the war in Iran depressed visitor arrivals, particularly from ...

Non-Cypriots more likely to be at extreme high and low ends of pay scale Cyprus’ average monthly earnings increased during the first quarter of 2026, according to provisional figures released by ...

The Central Bank of Cyprus (CBC) has found that Cyprus’s 2026 personal income tax reform will deliver its largest financial gains to upper-middle-income and high-income households, according to a recently ...

Bank deposits and lending in Cyprus both recorded stronger monthly increases in June, according to figures published by the Central Bank of Cyprus (CBC), reflecting continued growth in household and ...

Cyprus’ petroleum product sales fell sharply in June, according to figures by the state statistical service (Cystat), as the island’s fuel market continued to adjust to the lingering effects ...

Air transport prices in Cyprus fell in June while average air fares across the European Union continued to rise, according to figures released by Eurostat this week. The EU statistical ...

Cyprus implemented 25 per cent of its 2026 development budget during the first half of the year, maintaining the same pace as in the corresponding period of 2025 and running above the 22 per ...

Cyprus remained below the European Union average for renewable energy use in 2025, with renewables accounting for 21.5 per cent of the island’s gross final energy consumption, according to Eurostat. The ...

Cyprus and Italy only EU nations with monthly petrol price increases Cyprus recorded one of the European Union’s highest annual increases in fuel prices in June 2026, even as retail ...

Environmental tax revenue in the European Union increased by 6.1 per cent in 2024, while Cyprus collected a total of €718.72 million during that time, according to figures released by Eurostat. The data ...

Cyprus debt ratio falls to 54.6 per cent in first quarter of 2026 Cyprus reduced its government debt ratio in the first quarter of 2026, recording one of the largest annual declines in ...

Cyprus recorded a general government surplus of €567.10 million in the first quarter of 2026, as public revenue continued to rise despite a faster increase in government expenditure, according to preliminary figures ...

Cyprus’ outstanding tax debt rose to €4.64 billion by the end of 2025, with immediately collectable arrears reaching €3.32 billion, according to data from the Tax Department. The figures were reported by Philenews, ...

Cyprus’ construction material prices rose further in June, driven by sharp increases in aluminium, plastics and electrical fixtures, according to figures released by the Statistical Service (Cystat) on Monday. The ...

Cyprus maintained a steady industrial output in May 2026, avoiding the broader downturn experienced across the euro area and the European Union, according to official data released by Eurostat. The seasonally ...

The total number of state employees in Cyprus reached 55,162 in June 2026, according to figures released by the statistical service (Cystat) on Monday, representing an increase compared with the same month ...

Eurostat figures released on Friday showed that employment in Cyprus’ cultural sector reached 4.3 per cent of total employment in 2025, matching the European Union average. The data showed that approximately 21,900 people ...

Cyprus recorded a widening trade deficit in the first five months of 2026 as imports of goods increased faster than exports, according to final April data and provisional May figures released ...

Cyprus services sector expands across all activities in 2024 Cyprus’ tertiary sector recorded growth across all economic activities in 2024, according to the findings of the services and transport survey released by ...

Total beer deliveries from breweries in Cyprus fell by 2.7 per cent in June 2026, compared with the same month last year, driven largely by a sharp decline in exports, according to ...

Electric vehicle market share inches higher in Cyprus amid European shift Cyprus’ motor vehicle registrations increased by 13.2 per cent during the first half of 2026, with hybrid cars accounting for more ...