Cyprus
Headline economic indicators for Cyprus, with the most recent official readings.
- GDP growth, year on year (quarterly) 3.3% +0.30 (+10.0%) Jun 2026
- Inflation rate (monthly) 5.2% +0.00 (+0.0%) Sep 2026
- Central bank policy rate 2.7% +0.25 (+10.4%) Sep 2026
- Unemployment rate (monthly) 4.0% +0.00 (+0.0%) Sep 2026
- 10-year government bond yield (monthly) 3.9% +0.30 (+8.3%) Sep 2026
- Government debt to GDP (quarterly) 48.5% -3.00 (-5.8%) Jun 2026
Prices
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Inflation rate · | 0.1% | -1.67 (-93.0%) | |
| Consumer price index · | 119.4 | +0.15 (+0.1%) | |
| Inflation rate (monthly) · | 5.2% | +0.00 (+0.0%) | |
| Harmonised consumer price index · | 125.6 | -0.48 (-0.4%) | |
| House price index (quarterly) · | 107.5 | +2.38 (+2.3%) | |
| House price inflation, year on year (quarterly) · | 7.6% | +0.43 (+6.1%) | |
| Real house price index (quarterly) · | 89.8 | +2.08 (+2.4%) | |
| Real house price growth, year on year (quarterly) · | 6.9% | -0.69 (-9.0%) | |
| Producer prices, year on year (monthly) · | 6.0% | +2.30 (+62.2%) | |
| GDP deflator inflation · | 1.1% | -2.01 (-64.4%) |
GDP
| Indicator | Value | Change | Trend |
|---|---|---|---|
| GDP growth rate · | 3.8% | -0.17 (-4.3%) | |
| GDP per capita · | 41,783.09 | +3,109 (+8.0%) | |
| GDP growth, quarter on quarter · | 1.2% | +0.90 (+300.0%) | |
| GDP growth, year on year (quarterly) · | 3.3% | +0.30 (+10.0%) | |
| Industrial production, year on year (monthly) · | -2.8% | -3.80 (-380.0%) | |
| Retail sales volume, year on year (monthly) · | 7.6% | +0.10 (+1.3%) | |
| Economic sentiment indicator (monthly) · | 102.6 | -1.70 (-1.6%) | |
| Consumer confidence (monthly) · | -21.5 | -4.70 (-28.0%) | |
| GDP per capita, long-run history · | 31,523 | +1,271 (+4.2%) | |
| GDP · | 41,225,787,247.33 | +3,591,235,427 (+9.5%) | |
| GDP, PPP · | 63,713,325,734 | +2,400,497,761 (+3.9%) | |
| GDP per capita, PPP · | 64,575 | +1,568 (+2.5%) | |
| GDP per capita growth · | 2.3% | +0.05 (+2.2%) | |
| GNI per capita · | 36,110 | +3,240 (+9.9%) | |
| Agriculture to GDP · | 1.1% | -0.04 (-3.4%) | |
| Industry to GDP · | 11.1% | +0.01 (+0.1%) | |
| Manufacturing to GDP · | 4.4% | -0.06 (-1.4%) | |
| Services to GDP · | 76.8% | +0.37 (+0.5%) | |
| Household consumption to GDP · | 56.6% | -0.67 (-1.2%) | |
| Gross capital formation to GDP · | 19.3% | -1.42 (-6.9%) | |
| Gross savings to GDP · | 12.8% | +0.37 (+3.0%) |
Labour
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Unemployment rate · | 4.9% | +0.02 (+0.5%) | |
| Unemployment rate (monthly) · | 4.0% | +0.00 (+0.0%) | |
| Labour force participation rate · | 67.0% | -0.23 (-0.3%) | |
| Female labour force participation rate · | 61.2% | -0.20 (-0.3%) | |
| Youth unemployment rate · | 12.7% | -0.15 (-1.2%) | |
| Employment to population ratio · | 63.7% | -0.23 (-0.4%) | |
| Employment in agriculture · | 2.2% | -0.04 (-1.9%) | |
| Employment in industry · | 16.3% | -0.08 (-0.5%) | |
| Employment in services · | 81.6% | +0.12 (+0.1%) |
Money
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Central bank policy rate · | 2.7% | +0.25 (+10.4%) | |
| ECB deposit facility rate · | 2.5% | +0.25 (+11.1%) | |
| Real effective exchange rate (monthly) · | 97.1 | -0.11 (-0.1%) | |
| Nominal effective exchange rate (monthly) · | 111.2 | -0.11 (-0.1%) | |
| Cost of borrowing for house purchase (monthly) · | 3.4% | +0.10 (+3.0%) | |
| Cost of borrowing for corporations (monthly) · | 3.8% | -0.23 (-5.7%) | |
| 10-year government bond yield (monthly) · | 3.9% | +0.30 (+8.3%) | |
| Private sector credit to GDP · | 56.7% | -3.91 (-6.5%) | |
| Stock market capitalization to GDP · | 67.7% | +38.70 (+133.3%) | |
| Bank nonperforming loans · | 2.1% | -2.05 (-49.0%) | |
| Official exchange rate · | 0.88 | -0.04 (-4.2%) |
Trade
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Current account to GDP · | -6.3% | +1.87 (+22.9%) | |
| Exports to GDP · | 97.6% | +0.55 (+0.6%) | |
| Imports to GDP · | 91.9% | -1.46 (-1.6%) | |
| Trade to GDP · | 189.5% | -0.91 (-0.5%) | |
| Exports of goods and services · | 40,225,580,413.42 | +3,712,449,443 (+10.2%) | |
| Imports of goods and services · | 37,895,679,482.55 | +2,751,543,329 (+7.8%) | |
| Trade balance, goods and services (annual) · | 2,399,324,130.8 | +1,017,606,741 (+73.6%) | |
| Current account balance (annual) · | -2,594,436,507.49 | +476,191,252 (+15.5%) | |
| Foreign direct investment to GDP · | 27.1% | +160.90 (+120.2%) | |
| Remittances received to GDP · | 2.0% | +0.25 (+13.8%) | |
| Total reserves, including gold · | 2,947,568,615.45 | +860,316,063 (+41.2%) | |
| Reserves in months of imports · | 0.5 | +0.20 (+60.6%) |
Government
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Government debt to GDP · | 53.7% | -5.07 (-8.6%) | |
| Government debt to GDP (quarterly) · | 48.5% | -3.00 (-5.8%) | |
| Government revenue to GDP · | 39.9% | -0.06 (-0.1%) | |
| Government expense to GDP · | 38.5% | +2.26 (+6.2%) | |
| Tax revenue to GDP · | 23.9% | +0.64 (+2.8%) | |
| Government budget balance to GDP · | 4.2% | +2.44 (+140.7%) | |
| Government consumption to GDP · | 18.5% | +0.08 (+0.4%) | |
| Education spending to GDP · | 4.7% | -0.34 (-6.7%) | |
| Health spending to GDP · | 8.1% | -0.15 (-1.8%) |
Demography
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Population · | 1,370,754 | +12,472 (+0.9%) | |
| Population, long-run history · | 1,087 | +14.71 (+1.4%) | |
| Population growth · | 0.9% | -0.07 (-7.2%) | |
| Life expectancy · | 81.8 | +0.17 (+0.2%) | |
| Fertility rate · | 1.38 | -0.01 (-0.6%) | |
| Birth rate · | 10.5 | -0.28 (-2.6%) | |
| Death rate · | 7.0 | -0.05 (-0.7%) | |
| Urban population share · | 66.7% | +0.01 (+0.0%) | |
| Population aged 65 and over · | 14.9% | +0.32 (+2.2%) | |
| Under-five mortality rate · | 5.0 | +0.40 (+8.7%) | |
| Population density · | 147.0 | +1.44 (+1.0%) | |
| Net migration · | 7,749 | -389.00 (-4.8%) | |
| Gini index · | 31.8 | +0.30 (+1.0%) |
Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.
Source: ECB
Source: ECB euro foreign exchange reference rates
Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.
Original sources of these estimates
GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics
No separate list is published for Cyprus; the database as a whole is cited above.
Economies nearby
Comparable readings from neighbouring economies.