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COUNTRY OUTLOOK / CY

Cyprus

Deposit facility rate · ECB

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Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalNicosia
RegionEurope & Central Asia
Income groupHigh income
CurrencyEuro
GDP$41.23B2025 · current US$
Real GDP growth3.77%2025 · annual %
Population1.37M2025 · people
GDP per capita$41,783.092025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Cyprus's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityECB
Policy frameworkcurrency union
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

3.77% · 2025 · annual %

Real GDP growth · annual %-3.22%4.09%11.40%2014: -1.77605867728616 annual %2015: 3.41892038889013 annual %2016: 6.57359080924678 annual %2017: 5.75083236554525 annual %2018: 6.27166360056404 annual %2019: 5.87559583386607 annual %2020: -3.22063018637567 annual %2021: 11.3975590801512 annual %2022: 8.73854684881674 annual %2023: 3.62045368236082 annual %2024: 3.94076934447787 annual %2025: 3.77325347982725 annual %20142025
View annual observations
YearValue (annual %)
20253.773
20243.941
20233.620
20228.739
202111.398
2020-3.221
20195.876
20186.272
20175.751
20166.574
20153.419
2014-1.776
World Bank source & definition ↗

Economy

GDP$41.23B2025 · current US$Source & definition ↗
Real GDP growth3.77%2025 · annual %Source & definition ↗
GDP per capita$41,783.092025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 63.71B2025 · current international $Source & definition ↗

People

Population1.37M2025 · peopleSource & definition ↗
Population growth0.91%2025 · annual %Source & definition ↗
Urban population66.70%2025 · % of populationSource & definition ↗
Life expectancy81.822024 · yearsSource & definition ↗
Unemployment · ILO estimate4.92%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+66.96%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing1.12%2025 · % of GDPSource & definition ↗
Industry including construction11.15%2025 · % of GDPSource & definition ↗
Services76.85%2025 · % of GDPSource & definition ↗
Manufacturing4.39%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services97.57%2025 · % of GDPSource & definition ↗
Imports of goods & services91.92%2025 · % of GDPSource & definition ↗
Current account balance-6.29%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows27.08%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation0.13%2025 · annual %Source & definition ↗
Central government debt53.65%1994 · % of GDPSource & definition ↗
Tax revenue23.94%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector56.66%2024 · % of GDPSource & definition ↗
Total reserves including gold$2.95B2025 · current US$Source & definition ↗

Infrastructure

Internet use89.60%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area9,2502023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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