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Economy of Cyprus. Statistics, Data and Indicators

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


Cyprus Major Economic Indicators

Indicator Data Period
GDP Value 24.56 USD Billion 2019
GDP Annual Growth Rate -11.9 % 2Q/20
GDP Growth Rate -11.6 % 2Q/20
GDP per capita 32093 USD 2019
Inflation Rate YoY -1.2 % Aug/20
Interest Rate 0 % Sep/20
Unemployment Rate 6.9 % Jul/20
Wages 1956 EUR/Month | 2282.354 USD/Month 1Q/20
Balance of Trade -408872 EUR Thousand | -0.477 B USD Jul/20
Current Account -928 EUR Million | -1.083 B USD 1Q/20
Foreign Exchange Reserves 1065 EUR Million | 1.243 B USD Aug/20


GDP
vvp
24.56
USD Billion
#109 from 174 countries
GDP per capita
vvp
32093
USD
#32 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 24.56 USD Billion 2019
GDP Annual Growth Rate -11.9 % 2Q/20
GDP Growth Rate -11.6 % 2Q/20
GDP per capita 32093 USD 2019
Gross National Product 21944 EUR Million | 25.605 B USD 2019
GDP Constant Prices 4686 EUR Million | 5.468 B USD 2Q/20
GDP per capita PPP 39545 USD 2019
GDP From Agriculture  102 EUR Million | 0.119 B USD 2Q/20
GDP From Construction  288 EUR Million | 0.336 B USD 2Q/20
GDP From Manufacturing  224 EUR Million | 0.261 B USD 2Q/20
GDP From Mining  286 EUR Million | 0.334 B USD 2Q/20
GDP From Public Administration  987 EUR Million | 1.152 B USD 2Q/20
GDP From Services  771 EUR Million | 0.9 B USD 2Q/20


Budget Indicators

Indicator Data Period
Government Debt to GDP 95.5 % 2019
Government Budget Value -277 EUR Million | -0.323 USD Billion 4Q/19
Government Spending 1071 EUR Million | 1.25 USD Billion 2Q/20
Government Revenues 1416 EUR Million | 1.652 USD Billion 2Q/20
Fiscal Expenditure  2374 EUR Million | 2.77 B USD 2Q/20
Government Budget to GDP 1.7 % 2019
Government Spending to GDP 39.5 % 2019
Military Expenditure 360 USD Million | 0.36 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 99.1 index points Aug/20
Food Inflation 0.7 % Aug/20
Gasoline Prices 1.29 USD/Liter Aug/20
GDP Deflator 100 index points 2Q/20
Inflation Rate YoY -1.2 % Aug/20
Producer Prices 98.8 index points Jul/20
Inflation Rate Mom 0.6 % Aug/20
CPI Housing Utilities 99.69 Index Points Aug/20
CPI Transportation 94.48 Index Points Aug/20
Harmonised Consumer Prices 100 Index Points Aug/20


Trade Indicators

Indicator Data Period
Current Account to GDP -6.7 % 2019
Balance of Trade -408872 EUR Thousand | -0.477 USD Billion Jul/20
Capital Flows -589 EUR Million | -0.687 USD Billion 1Q/20
Current Account -928 EUR Million | -1.083 USD Billion 1Q/20
Exports 209577 EUR Thousand | 0.245 USD Billion Jul/20
External Debt 205691 EUR Million | 240.01 USD Billion 1Q/20
Foreign Exchange Reserves 1065 EUR Million | 1.243 USD Billion Aug/20
Imports 618449 EUR Thousand | 0.722 USD Billion Jul/20
Tourism Revenues  6700 EUR Thousand | 0.008 B USD Jun/20
Tourist Arrivals 104261 Persons | 0.104 Million Persons Aug/20


Money Indicators

Indicator Data Period
Gold Reserves 13.9 Tonnes 2Q/20
Interest Rate 0 % Sep/20


Labor Indicators

Indicator Data Period
Retirement Age Men 65 2018
Retirement Age Women 65 2018
Unemployment Rate 6.9 % Jul/20
Wages 1956 EUR/Month | 2282.354 USD/Month 1Q/20
Youth Unemployment Rate 19.8 % Jun/20
Employed Persons 416 Thousand Person | 0.416 Million Person 2019
Employment Change  -0.9 % 2Q/20
Employment Rate  69.9 % 2Q/20
Full Time Employment 365 Thousand Person 2Q/20
Job Vacancies 6685 | 6.685 K Jul/20
Labor Force Participation Rate 62.5 % 1Q/20
Long Term Unemployment Rate 1.8 % 2Q/20
Part Time Employment 40.2 Thousand Persons 2Q/20
Unemployed Persons 30451 Persons | 0.03 Million Persons 2Q/20
Wage Growth  3.3 % 1Q/20


Taxes



Production Indicators

Indicator Data Period
Electricity Production 390 GWh Dec/19
Industrial Production -10.3 % Jun/20
Mining Production 14.9 % Jun/20


Business Indicators

Indicator Data Period
Business Confidence 83.2 index points Aug/20
Corruption Index 58 index points 2019
Corruption Rank 41 place 2019
Ease of Doing Business 54 place 2019
Manufacturing Production -6.8 % Jun/20
Competitiveness Index 66.39 Index Points 2019
Competitiveness Rank 44 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -31 index points Aug/20
Retail Sales MoM 6.8 % Jun/20
Retail Sales YoY -2.6 % Jun/20
Consumer Spending 3169 EUR Million | 3.698 USD Billion 2Q/20
Households Debt To Income 145 % 2018


Housing Market

Indicator Data Period
Construction Output -0.7 % 1Q/20


Gold Reserves
gold_reserve_icon
13.9
Tonnes
#68 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
1.243
USD Billion
#100 from 114 countries


Government Budget Value
balance_icon
-0.323
USD Billion
#22 from 113 countries
Inflation Rate
inflation_icon
-1.2
%
#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
6.9
%
#75 from 171 countries
Wages
salary_icon
2282.354
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