Economy of Cyprus. Statistics, Data and Indicators
Cyprus
| 36BB+ | Credit rank #80 |
| N/A | Quality of life # |
| 41 | Corruption rank#38 |
| 54 | Ease of doing business#57 |
Cyprus Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 25 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.2 % | 4Q/19 |
| GDP Growth Rate | 0.8 % | 4Q/19 |
| GDP per capita | 30926 USD | 2018 |
| Inflation Rate YoY | 1.4 % | Feb/20 |
| Interest Rate | 0 % | Mar/20 |
| Unemployment Rate | 5.8 % | Feb/20 |
| Wages | 2269 EUR/Month | 2481.463 USD/Month | 4Q/19 |
| Balance of Trade | -479505 EUR Thousand | -0.524 B USD | Jan/20 |
| Current Account | -510 EUR Million | -0.558 B USD | 4Q/19 |
| Foreign Exchange Reserves | 963 EUR Million | 1.053 B USD | Feb/20 |
GDP
25
USD Billion
#109 from 174 countries
GDP per capita
30926
USD
#32 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 25 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.2 % | 4Q/19 |
| GDP Growth Rate | 0.8 % | 4Q/19 |
| GDP per capita | 30926 USD | 2018 |
| Gross National Product | 21944 EUR Million | 23.999 B USD | 2019 |
| GDP Constant Prices | 5388 EUR Million | 5.893 B USD | 4Q/19 |
| GDP per capita PPP | 33048 USD | 2017 |
| GDP From Agriculture | 101 EUR Million | 0.11 B USD | 4Q/19 |
| GDP From Construction | 402 EUR Million | 0.44 B USD | 4Q/19 |
| GDP From Manufacturing | 266 EUR Million | 0.291 B USD | 4Q/19 |
| GDP From Mining | 336 EUR Million | 0.367 B USD | 4Q/19 |
| GDP From Public Administration | 488 EUR Million | 0.534 B USD | 4Q/19 |
| GDP From Services | 1172 EUR Million | 1.282 B USD | 4Q/19 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 102 % | 2018 |
| Government Budget Value | 372 EUR Million | 0.407 USD Billion | 3Q/19 |
| Government Spending | 927 EUR Million | 1.014 USD Billion | 4Q/19 |
| Government Revenues | 2436 EUR Million | 2.664 USD Billion | 3Q/19 |
| Fiscal Expenditure | 2064 EUR Million | 2.257 B USD | 3Q/19 |
| Government Budget to GDP | -4.8 % | 2018 |
| Government Spending to GDP | 44.7 % | 2018 |
| Military Expenditure | 360 USD Million | 0.36 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 101 index points | Feb/20 |
| Food Inflation | 1.7 % | Feb/20 |
| Gasoline Prices | 1.18 USD/Liter | Mar/20 |
| GDP Deflator | 103 index points | 4Q/19 |
| Inflation Rate YoY | 1.4 % | Feb/20 |
| Producer Prices | 104 index points | Jan/20 |
| Inflation Rate Mom | 0.4 % | Feb/20 |
| CPI Housing Utilities | 111 Index Points | Feb/20 |
| CPI Transportation | 97.81 Index Points | Feb/20 |
| Harmonised Consumer Prices | 99.37 Index Points | Feb/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -7 % | 2018 |
| Balance of Trade | -479505 EUR Thousand | -0.524 USD Billion | Jan/20 |
| Capital Flows | -10.9 EUR Million | -0.012 USD Billion | 3Q/19 |
| Current Account | -510 EUR Million | -0.558 USD Billion | 4Q/19 |
| Exports | 220138 EUR Thousand | 0.241 USD Billion | Jan/20 |
| External Debt | 208113 EUR Million | 227.6 USD Billion | 3Q/19 |
| Foreign Exchange Reserves | 963 EUR Million | 1.053 USD Billion | Feb/20 |
| Imports | 699643 EUR Thousand | 0.765 USD Billion | Jan/20 |
| Tourism Revenues | 54600 EUR Thousand | 0.06 B USD | Dec/19 |
| Tourist Arrivals | 105592 Persons | 0.106 Million Persons | Feb/20 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 13.9 Tonnes | 4Q/19 |
| Interest Rate | 0 % | Mar/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Retirement Age Men | 65 | 2018 |
| Retirement Age Women | 65 | 2018 |
| Unemployment Rate | 5.8 % | Feb/20 |
| Wages | 2269 EUR/Month | 2481.463 USD/Month | 4Q/19 |
| Youth Unemployment Rate | 15.2 % | Dec/19 |
| Employed Persons | 401 Thousand Person | 0.401 Million Person | 2018 |
| Employment Change | 0.8 % | 3Q/19 |
| Employment Rate | 70.8 % | 3Q/19 |
| Full Time Employment | 366 Thousand Person | 3Q/19 |
| Job Vacancies | 9869 | 9.869 K | Jan/20 |
| Labor Force Participation Rate | 63 % | 3Q/19 |
| Long Term Unemployment Rate | 2.1 % | 3Q/19 |
| Part Time Employment | 38.5 Thousand Persons | 3Q/19 |
| Unemployed Persons | 28481 Persons | 0.028 Million Persons | 4Q/19 |
| Wage Growth | 2.9 % | 4Q/19 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 12.5 % | 2018 |
| Personal Income Tax Rate | 35 % | 2018 |
| Sales Tax Rate | 19 % | 2020 |
| Social Security Rate | 16.6 % | 2019 |
| Social Security Rate For Companies | 8.3 % | 2019 |
| Social Security Rate For Employees | 8.3 % | 2019 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Electricity Production | 390 GWh | Dec/19 |
| Industrial Production | -1.4 % | Jan/20 |
| Mining Production | 12.7 % | Jan/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 101 index points | Mar/20 |
| Corruption Index | 58 index points | 2019 |
| Corruption Rank | 41 place | 2019 |
| Ease of Doing Business | 54 place | 2019 |
| Manufacturing Production | 0.7 % | Jan/20 |
| Competitiveness Index | 66.39 Index Points | 2019 |
| Competitiveness Rank | 44 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -22.6 index points | Mar/20 |
| Retail Sales MoM | 1.1 % | Nov/19 |
| Retail Sales YoY | 4.4 % | Jan/20 |
| Consumer Spending | 3390 EUR Million | 3.707 USD Billion | 4Q/19 |
| Households Debt To Income | 145 % | 2018 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 10.5 % | 3Q/19 |
Gold Reserves
13.9
Tonnes
#68 from 114 countries
Foreign Exchange Reserves
1.053
USD Billion
#100 from
114 countries
Government Budget Value
0.407
USD Billion
#22 from 113 countries
Inflation Rate
1.4
%
#167 from
174 countries
Interest Rate
0
%
#149 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
5.8
%
#75 from
171 countries
Wages
2481.463
USD/Month
#25 from
82 countries
Retirement Age
65
65
men
women
Taxes
12.5%
35%
company profits
income of individuals
