Cyprus by the Numbers

Cyprus is losing millions in unpaid taxes after thousands of cases fell outside the legal deadline for assessment, the audit service has warned. In its latest report on the tax ...

VAT revenues from the EU’s e-commerce systems brought €257.9 million into Cyprus’ coffers in 2024, according to tax commissioner Sotiris Markides. Through the One Stop Shop (OSS) and Import One Stop ...

Cyprus recorded an increase in motor vehicle registrations in July 2025, with total registrations rising by 13.7 per cent to 5,246, compared with 4,614 in July 2024, according to data from the Statistical Service (Cystat) ...

Cyprus’ Harmonised Index of Consumer Prices (HICP) fell by 0.9 per cent year-on-year in July 2025, according to data released by the statistical service (Cystat) on Thursday. Compared with the previous month, ...

Cyprus recorded the highest annual increase in retail trade volume among all EU member states for the second consecutive month, according to figures published by Eurostat. The rise in retail ...

Deposit rates in Cyprus fell in June while housing loan rates continued to rise, according to a report released this week from the Central Bank of Cyprus (CBC). In its ...

The industrial turnover index in Cyprus recorded an annual increase both in May and during the first five months of 2025, according to data released by the Statistical Service. In May 2025, ...

The number of registered unemployed persons in Cyprus stood at 11,088 at the end of July 2025, according to data released on Tuesday by the Statistical Service (Cystat).  On a seasonally adjusted ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Cyprus recorded the lowest annual inflation rate among eurozone countries in July 2025, with consumer prices rising by just 0.1 per cent year-on-year, according to preliminary data released by Eurostat. This represents ...

Net new loans in Cyprus recorded a significant increase in June 2025, reaching €642.8 million compared to €297.8 million in May, according to data published this week by the Central Bank of Cyprus (...

The Producer Price Index in Industry for June 2025 remained unchanged, reaching 123.1 points, based on 2021 as the index year, compared to the same month last year. However, the Cyprus Statistical Service ...

Seasonally adjusted unemployment rate in Cyprus stood at 3.8 per cent in June of this year, stable compared to May, and down from 4.9 per cent in June 2024 according to Eurostat, the ...

The Industrial Production Index in Cyprus reached 113.7 units in May 2025, based on 2021 as the reference year, reflecting an annual increase of 1.7 per cent compared to May 2024. For the period between ...

The average gross monthly earnings of employees in Cyprus reached €2,509 during the first quarter of 2025, according to a report from the state statistical service released on Tuesday. This reflects a 5.4 ...

Price reductions were recorded in 37 product categories, of which 29 are included as categories in the “e-kalathi” platform, according to the new consumer product price observatory for June 2025, published by the ...

Petroleum product sales in Cyprus rose by 10.4 per cent in June 2025 compared to the same month last year, reaching 140,669 tonnes, according to a report released by the state statistical service (...

Total deposits in Cyprus recorded a net increase of €654.7 million in June 2025, compared to a net increase of €20.8 million in May 2025, according to data released by the Central Bank of ...

The Cyprus Securities and Exchange Commission (CySEC) has released its annual statistical bulletin for 2024, providing a detailed overview of the performance of the regulated entities under its supervision. In its ...

Cyprus’ industrial sector relied primarily on oil and petroleum products and electricity in 2023, which together accounted for over half of its total energy use, according to Eurostat figures released on ...

Credit transfers remain the most popular non-cash payment method in Cyprus by total transaction value, accounting for 83 per cent, according to a report published on Thursday by the Central Bank ...

A recent study by the University of Cyprus’ Economics Research Centre (CypERC) has explored the relationship between changes in global commodity prices and domestic inflation in Cyprus. According to the ...

The European Union collected more than €33 billion in VAT revenue during 2024 through its e-commerce VAT systems, according to new data published this week, underscoring the impact of its 2021 VAT reform ...

Non-EU citizens in the European Union were more likely to work part-time in 2024 than EU nationals, underlining persistent disparities in employment patterns across citizenship groups, Eurostat data showed on Wednesday. ...