Cyprus Economy

Back to Economic Data Main Page

The economy of Cyprus is dominated by the division of the country into the government-controlled southern area and the Turkish occupied Northern Cyrpus. It has a nominal GDP of $24.95 billion ranking it 91st in the world. The government controlled Republic of Cyprus is a free-market service-based economy. It is one of the most prosperous economies per capita in the Mediterranean region with GDP per capita reaching $30,000. The Turkish occupied Northern Cyprus is about one-fifth the size of the economy. Since it is recognized only by Turkey, foreign investment has been minimal and the economy revolves mainly around the agricultural sector.

Major Cyprus Indicators

Period Value % Chg Prev
Central Banks (View all 1)
Cyprus Balance With Eurosystem/Target Apr 2018 7.015B EUR 0.61%
Consumer Prices (View all 1)
Cyprus Consumer Price Index May 2018 100.87 1.37%
Cyprus Inflation Rate May 2018 1.00%
Employment (View all 1)
Cyprus Unemployment Rate Apr 2018 8.60% -4.44%
Cyprus Youth Unemployment Rate Dec 2017 23.10% 0.00%
Energy (View all 1)
Cyprus Petroleum Products Demand Apr 2018 199.00K mt 0.51%
Interest Rates (View all 2)
Cyprus Long Term Interest Rate May 2018 2.52% 18.87%
Monetary (View all 1)
Cyprus TARGET Transactions Value May 2018 5.10B EUR -50.00%
Sentiment Surveys (View all 1)
Cyprus Consumer Confidence Indicator May 2018 2.90 -34.09%
Cyprus Economic Sentiment Indicator May 2018 113.60 -2.57%
View and sort all 733 Cyprus Indicators
Advertisement
Advertisement

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}

Please note that this feature is only available as an add-on to YCharts subscriptions.


Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{root.upsell.info.call_to_action}} No credit card required.

Already a subscriber? Sign in.