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Economy of Cyprus. Statistics, Data and Indicators

flag
Cyprus
36BB+ Credit rank #80
N/A Quality of life #
42 Corruption rank#38
54 Ease of doing business#57
Cyprus


Cyprus Major Economic Indicators

Indicator Data Period
GDP Value 23.8 USD Billion 2020
GDP Annual Growth Rate -1.6 % 1Q/21
GDP Growth Rate 2 % 1Q/21
GDP per capita 30438 USD 2020
Inflation Rate YoY 3.1 % Jun/21
Interest Rate 0 % Jun/21
Unemployment Rate 9.9 % May/21
Wages 2267 EUR/Month | 2679.542 USD/Month 4Q/20
Balance of Trade -427977 EUR Thousand | -0.506 B USD May/21
Current Account -922 EUR Million | -1.09 B USD 1Q/21
Foreign Exchange Reserves 973 EUR Million | 1.15 B USD Jun/21


GDP
vvp
23.8
USD Billion
#109 from 174 countries
GDP per capita
vvp
30438
USD
#32 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 23.8 USD Billion 2020
GDP Annual Growth Rate -1.6 % 1Q/21
GDP Growth Rate 2 % 1Q/21
GDP per capita 30438 USD 2020
Gross National Product 21000 EUR Million | 24.822 B USD 2020
GDP Constant Prices 5331 EUR Million | 6.301 B USD 1Q/21
GDP per capita PPP 37655 USD 2020
GDP From Agriculture  86 EUR Million | 0.102 B USD 1Q/21
GDP From Construction  354 EUR Million | 0.418 B USD 1Q/21
GDP From Manufacturing  279 EUR Million | 0.33 B USD 1Q/21
GDP From Mining  331 EUR Million | 0.391 B USD 1Q/21
GDP From Public Administration  986 EUR Million | 1.165 B USD 1Q/21
GDP From Services  1133 EUR Million | 1.339 B USD 1Q/21


Budget Indicators

Indicator Data Period
Government Debt to GDP 118 % 2020
Government Budget Value -188 EUR Million | -0.222 USD Billion 1Q/21
Government Spending 1155 EUR Million | 1.365 USD Billion 1Q/21
Government Revenues 2071 EUR Million | 2.448 USD Billion 1Q/21
Fiscal Expenditure  2259 EUR Million | 2.67 B USD 1Q/21
Government Budget to GDP -5.7 % 2020
Government Spending to GDP 46.3 % 2020
Military Expenditure 414 USD Million | 0.414 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 102 index points Jun/21
Food Inflation -0.53 % Jun/21
Gasoline Prices 1.51 USD/Liter Jun/21
GDP Deflator 101 index points 1Q/21
Inflation Rate YoY 3.1 % Jun/21
Producer Prices 104 index points May/21
Inflation Rate Mom 0.3 % Jun/21
CPI Housing Utilities 112 Index Points Jun/21
CPI Transportation 101 Index Points Jun/21
Harmonised Consumer Prices 102 Index Points Jun/21


Trade Indicators

Indicator Data Period
Current Account to GDP -6.7 % 2019
Balance of Trade -427977 EUR Thousand | -0.506 USD Billion May/21
Capital Flows -1194 EUR Million | -1.411 USD Billion 1Q/21
Current Account -922 EUR Million | -1.09 USD Billion 1Q/21
Exports 226163 EUR Thousand | 0.267 USD Billion May/21
External Debt 192088 EUR Million | 227.044 USD Billion 1Q/21
Foreign Exchange Reserves 973 EUR Million | 1.15 USD Billion Jun/21
Imports 654140 EUR Thousand | 0.773 USD Billion May/21
Tourism Revenues  31700 EUR Thousand | 0.037 B USD Apr/21
Tourist Arrivals 100852 Persons | 0.101 Million Persons May/21


Money Indicators

Indicator Data Period
Gold Reserves 13.9 Tonnes 1Q/21
Interest Rate 0 % Jun/21


Labor Indicators

Indicator Data Period
Retirement Age Men 65 2020
Retirement Age Women 65 2020
Unemployment Rate 9.9 % May/21
Wages 2267 EUR/Month | 2679.542 USD/Month 4Q/20
Youth Unemployment Rate 18.7 % Mar/21
Employed Persons 417 Thousand Person | 0.417 Million Person 2020
Employment Change  0.8 % 1Q/21
Employment Rate  69.9 % 4Q/20
Full Time Employment 365 Thousand Person 4Q/20
Job Vacancies 8651 | 8.651 K May/21
Labor Force Participation Rate 63.1 % 4Q/20
Long Term Unemployment Rate 2.8 % 1Q/21
Part Time Employment 41.8 Thousand Persons 4Q/20
Unemployed Persons 38970 Persons | 0.039 Million Persons 1Q/21
Wage Growth  -3.3 % 1Q/21


Taxes



Production Indicators

Indicator Data Period
Electricity Production 352 GWh May/21
Industrial Production 55.9 % Apr/21
Mining Production 318 % Apr/21


Business Indicators

Indicator Data Period
Business Confidence 105 index points Jun/21
Corruption Index 57 index points 2020
Corruption Rank 42 place 2020
Ease of Doing Business 54 place 2019
Manufacturing Production 66.2 % Apr/21
Competitiveness Index 66.39 Index Points 2019
Competitiveness Rank 44 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -13.4 index points Jun/21
Retail Sales MoM -1.2 % Apr/21
Retail Sales YoY 47.3 % Apr/21
Consumer Spending 3738 EUR Million | 4.418 USD Billion 1Q/21
Households Debt To Income 134 % 2019


Housing Market

Indicator Data Period
Construction Output 4 % 1Q/21


Gold Reserves
gold_reserve_icon
13.9
Tonnes
#68 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
1.15
USD Billion
#100 from 114 countries


Government Budget Value
balance_icon
-0.222
USD Billion
#22 from 113 countries
Inflation Rate
inflation_icon
3.1
%
#167 from 174 countries


Interest Rate
discount_rate_icon
0
%
#149 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
9.9
%
#75 from 171 countries
Wages
salary_icon
2679.542
USD/Month
#25 from 82 countries


Retirement Age
man_icon
woman_icon
65
65
men
women
Taxes
company_icon
private_icon
12.5%
35%
company profits
income of individuals