Cyprus
CYPEurope & Central AsiaHigh incomeCapital: NicosiaEconomy
Fiscal
People
Health
Education
Trade
Energy / Env
Tech
Governance
Equality
Infra
Labor
75/80 indicators · percentile vs world (IMF / WB / WHO)underover
GDP
$45
2027▲ 4.5%
Population
1.4M
2024▲ 1.0%
GDP per Capita
$47,453
2027▲ 4.1%
Life Expectancy
81.6 years
2023▲ 1.5%
Cyprus in world space2000–2023
192 countries · log scale on X world Cyprus· trajectory line: 1980 → today
▶About Cyprus
Cyprus's GDP is $43.16B (2026), with a population of 1.4M, and GDP per capita of $45,601. Key indicators include real GDP growth of 2.8%, inflation at 1.3%, unemployment at 4.7%, government debt at 53.7% of GDP, life expectancy of 81.6 years. Data sourced from the IMF World Economic Outlook and World Bank World Development Indicators.
Located in Europe and Central Asia, this high-income economy has a GDP of $43.16 billion, ranking 104th globally. The GDP per capita is projected to be $46,000 in 2026, reflecting a robust economic performance. Real GDP growth is expected to be 2.8% in 2026, with consumer price inflation at 1.3%. The economy is highly open to trade, with trade as a percentage of GDP reaching 190.4% in 2024. Unemployment is relatively low, at 4.7% in 2026, and the Gini Index stands at 31.8, indicating moderate income inequality. Foreign direct investment inflows are notably high, at -133.8% of GDP in 2024, suggesting significant capital movements. The population is approximately 1.4 million, with a life expectancy at birth of 81.6 years. The fertility rate is low, at 1.4 births per woman. Health spending constitutes 8.1% of GDP, reflecting a commitment to public health. The unemployment rate is projected to be 4.9% in 2025, with a GNI per capita of $33,000 in 2024. These indicators highlight a developed economy with a focus on social welfare and economic stability
▶Economy30 indicators · 2021–2027 · IMF / WB
▶Financial Markets1 indicator · 2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Central Bank Policy Rate (%) | 2.26% | 2025 | ▼ 39.4% | WB |
▶Fiscal & Monetary16 indicators · 2023–2027 · IMF / WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Inflation, Consumer Prices (%) | 2.0% | 2027 | ▲ 53.8% | IMF |
| Govt Gross Debt (% of GDP) | 48.7% | 2027 | ▼ 9.3% | IMF |
| Fiscal Balance (% of GDP) | 3.0% | 2027 | ▼ 6.3% | IMF |
| Current Account Balance (% of GDP) | -9.4% | 2027 | ▼ 3.3% | IMF |
| Unemployment Rate (%) | 4.7% | 2027 | ▲ 0.0% | IMF |
| Inflation, CPI (%, World Bank) | 1.8% | 2024 | ▼ 49.2% | WB |
| Government Revenue (% of GDP) | 39.9% | 2023 | ▲ 4.7% | WB |
| Government Expenditure (% of GDP) | 38.5% | 2023 | ▲ 6.2% | WB |
| Tax Revenue (% of GDP) | 23.3% | 2023 | ▲ 1.4% | WB |
| Taxes on Goods & Services (% of revenue) | 29.5% | 2023 | ▼ 4.8% | WB |
| Taxes on Income, Profits & Capital Gains (% of rev) | 23.9% | 2023 | ▼ 3.2% | WB |
| Net Investment in Nonfinancial Assets (% of GDP) | 2.5% | 2023 | ▲ 21.1% | WB |
| Total Reserves incl. Gold (USD) | $2.09B | 2024 | ▲ 16.7% | WB |
| Total Reserves (months of imports) | 0.3 | 2024 | ▲ 9.2% | WB |
| Official Exchange Rate (per USD) | 0.92 | 2024 | ▼ 0.1% | WB |
| PPP Conversion Factor | 0.57 | 2024 | ▲ 0.2% | WB |
▶Trade15 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Trade (% of GDP) | 190.4% | 2024 | ▼ 0.2% | WB |
| Exports of Goods & Services (% of GDP) | 97.0% | 2024 | ▲ 0.7% | WB |
| Imports of Goods & Services (% of GDP) | 93.4% | 2024 | ▼ 1.0% | WB |
| Exports of Goods & Services (USD) | $36.51B | 2024 | ▲ 8.0% | WB |
| Imports of Goods & Services (USD) | $35.14B | 2024 | ▲ 6.2% | WB |
| Merchandise Exports (USD) | $4.42B | 2024 | ▼ 12.0% | WB |
| Merchandise Imports (USD) | $13.32B | 2024 | ▼ 5.7% | WB |
| FDI Inflows (% of GDP) | -133.8% | 2024 | ▼ 111.9% | WB |
| FDI Outflows (% of GDP) | -148.4% | 2024 | ▼ 55.9% | WB |
| FDI Net Inflows (USD) | $-50.36B | 2024 | ▼ 127.4% | WB |
| Personal Remittances Received (USD) | $677.0M | 2024 | ▲ 6.9% | WB |
| Personal Remittances Received (% of GDP) | 1.8% | 2024 | ▼ 0.4% | WB |
| High-Tech Exports (% of manufactured) | 18.0% | 2024 | ▼ 3.8% | WB |
| Current Account Balance (% of GDP) | -8.2% | 2024 | ▲ 15.9% | WB |
| Current Account Balance (USD) | $-3.07B | 2024 | ▲ 9.8% | WB |
▶Finance11 indicators · 2023–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Domestic Credit to Private Sector (% of GDP) | 56.7% | 2024 | ▼ 6.5% | WB |
| Stock Market Capitalization (% of GDP) | 29.0% | 2024 | ▼ 1.9% | WB |
| Stock Market Capitalization (USD) | $10.93B | 2024 | ▲ 5.3% | WB |
| Stock Market Turnover (% of GDP) | 0.4% | 2024 | ▲ 65.2% | WB |
| Listed Domestic Companies | 93 | 2024 | ▼ 1.1% | WB |
| Bank Capital to Assets Ratio (%) | 7.7% | 2023 | ▲ 11.8% | WB |
| Bank Nonperforming Loans (%) | 6.1% | 2023 | ▼ 20.2% | WB |
| Account Ownership at Financial Institution (%) | 96.1% | 2024 | ▲ 3.2% | WB |
| Account Ownership, Female (%) | 98.0% | 2024 | ▲ 5.8% | WB |
| Account Ownership, Male (%) | 94.3% | 2024 | ▲ 0.7% | WB |
| Firms Using Banks to Finance Investment (%) | 25.4% | 2024 | — | WB |
▶Business Environment1 indicator · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Time to Get Electricity (days) | 115 | 2024 | — | WB |
▶Private Sector6 indicators · 2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Firms Expected to Pay Bribes (%) | 3.2% | 2024 | — | WB |
| Firms with Female Top Manager (%) | 30.0% | 2024 | — | WB |
| Firms with Female Participation in Ownership (%) | 8.5% | 2024 | — | WB |
| Firms Offering Training (%) | 43.1% | 2024 | — | WB |
| Average Firm Age (years) | 28 years | 2024 | — | WB |
| Firms Using Computers (%) | 26.2% | 2024 | — | WB |
▶People23 indicators · 2023–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Population | 1.4M | 2024 | ▲ 1.0% | WB |
| Population Growth (%) | 1.0% | 2024 | ▼ 3.2% | WB |
| Population Density (per km²) | 146 | 2023 | ▲ 1.0% | WB |
| Surface Area (sq km) | 9,250 | 2023 | ▲ 0.0% | WB |
| Land Area (sq km) | 9,240 | 2023 | ▲ 0.0% | WB |
| Urban Population (%) | 66.7% | 2024 | ▲ 0.0% | WB |
| Urban Population (total) | 905,735 | 2024 | ▲ 1.0% | WB |
| Rural Population (%) | 33.3% | 2024 | ▼ 0.0% | WB |
| Life Expectancy at Birth | 81.6 years | 2023 | ▲ 1.5% | WB |
| Life Expectancy, Male | 79.6 years | 2023 | ▲ 1.6% | WB |
| Life Expectancy, Female | 83.7 years | 2023 | ▲ 1.3% | WB |
| Fertility Rate (births per woman) | 1.4 | 2023 | ▼ 0.3% | WB |
| Birth Rate (per 1,000) | 10.8 | 2023 | ▼ 2.3% | WB |
| Death Rate (per 1,000) | 7.1 | 2023 | ▼ 8.2% | WB |
| Net Migration | 7,749 | 2025 | ▼ 4.8% | WB |
| Population Ages 0–14 (%) | 16.1% | 2024 | ▲ 0.1% | WB |
| Population Ages 15–64 (%) | 69.3% | 2024 | ▼ 0.4% | WB |
| Population Ages 65+ (%) | 14.6% | 2024 | ▲ 2.0% | WB |
| Age Dependency Ratio (%) | 44.3% | 2024 | ▲ 1.5% | WB |
| Old-Age Dependency Ratio (%) | 21.1% | 2024 | ▲ 2.5% | WB |
| Youth Dependency Ratio (%) | 23.2% | 2024 | ▲ 0.6% | WB |
| Mortality Rate, Adult Male (per 1,000) | 57 | 2023 | ▼ 17.7% | WB |
| Mortality Rate, Adult Female (per 1,000) | 30.4 | 2023 | ▼ 24.2% | WB |
▶Labor20 indicators · 2024–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Total Labor Force | 770,268 | 2025 | ▲ 0.6% | WB |
| Labor Force Participation (%) | 67.0% | 2025 | ▼ 0.3% | WB |
| Female Labor Force Participation (%) | 61.2% | 2025 | ▼ 0.3% | WB |
| Male Labor Force Participation (%) | 72.7% | 2025 | ▼ 0.4% | WB |
| Unemployment (%) | 4.9% | 2025 | ▲ 0.5% | WB |
| Female Unemployment (%) | 5.5% | 2025 | ▲ 5.5% | WB |
| Male Unemployment (%) | 4.5% | 2025 | ▼ 4.2% | WB |
| Youth Unemployment (%) | 12.7% | 2025 | ▼ 1.2% | WB |
| Employment in Agriculture (%) | 2.2% | 2025 | ▼ 1.9% | WB |
| Employment in Industry (%) | 16.3% | 2025 | ▼ 0.5% | WB |
| Employment in Services (%) | 81.6% | 2025 | ▲ 0.1% | WB |
| Self-Employed (%) | 65.1% | 2024 | ▼ 0.7% | WB |
| Vulnerable Employment (%) | 8.4% | 2025 | ▲ 3.9% | WB |
| Wage & Salaried Workers (% of total) | 89.8% | 2025 | ▼ 0.3% | WB |
| Part-Time Employment (%) | 32.0% | 2024 | ▲ 9.6% | WB |
| Employers (% of total employment) | 1.8% | 2025 | ▼ 4.5% | WB |
| Labor Force, Female (% of total) | 45.6% | 2025 | ▲ 0.0% | WB |
| Employment to Population Ratio (%) | 63.7% | 2025 | ▼ 0.4% | WB |
| Self-Employed (% of total) | 10.2% | 2025 | ▲ 2.3% | WB |
| NEET Youth (% not in education/employment) | 13.2% | 2024 | ▼ 3.5% | WB |
▶Education16 indicators · 2016–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Education Spending (% of GDP) | 4.7% | 2022 | ▼ 6.8% | WB |
| Education Spending (% of govt expenditure) | 12.5% | 2022 | ▲ 4.7% | WB |
| Primary School Enrollment (%) | 98.6% | 2023 | ▲ 1.6% | WB |
| Secondary School Enrollment (%) | 102.4% | 2023 | ▼ 1.5% | WB |
| Tertiary School Enrollment (%) | 99.0% | 2023 | ▲ 0.7% | WB |
| Primary Completion Rate (%) | 98.5% | 2023 | ▼ 0.9% | WB |
| Lower Secondary Completion Rate (%) | 98.9% | 2023 | ▼ 5.4% | WB |
| Out-of-School Children, Primary | 376 | 2023 | ▼ 24.2% | WB |
| Primary School Teachers | 5,389 | 2023 | ▲ 1.8% | WB |
| Secondary School Teachers | 8,083 | 2023 | ▲ 9.1% | WB |
| Pupil-Teacher Ratio, Primary | 12 | 2017 | — | WB |
| Pupil-Teacher Ratio, Secondary | 8 | 2017 | — | WB |
| Expenditure per Student, Primary (% of GDP/cap) | 32.7% | 2016 | — | WB |
| Pupil-Teacher Ratio (Primary) | 97.9 | 2021 | — | WB |
| Education Spending, Secondary (% of govt) | 40.9% | 2016 | — | WB |
| Education Spending, Tertiary (% of govt) | 20.8% | 2016 | — | WB |
▶Health34 indicators · 2019–2024 · WHO
▶Energy & Environment16 indicators · 2020–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| CO₂ Emissions (tonnes per capita) | 5.4 | 2024 | ▲ 0.9% | WB |
| CO₂ Emissions (total kilotonnes) | 7 | 2024 | ▲ 1.9% | WB |
| Energy Use (kg oil eq. per capita) | 1,673 | 2023 | ▼ 0.6% | WB |
| Electric Power Consumption (kWh per capita) | 3,842 | 2023 | ▼ 0.2% | WB |
| Renewable Electricity Output (%) | 15.1% | 2021 | ▲ 23.0% | WB |
| Renewable Energy Consumption (%) | 15.6% | 2021 | ▲ 4.0% | WB |
| Access to Electricity (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| Access to Clean Fuels for Cooking (%) | 100.0% | 2023 | ▲ 0.0% | WB |
| PM2.5 Air Pollution (µg/m³) | 13.5 | 2020 | — | WB |
| Forest Area (%) | 18.7% | 2023 | ▼ 0.0% | WB |
| Forest Area (sq km) | 1,725 | 2023 | ▼ 0.0% | WB |
| Arable Land (%) | 10.6% | 2023 | ▲ 3.2% | WB |
| Terrestrial Protected Areas (%) | 11.1% | 2024 | ▼ 0.9% | WB |
| Marine Protected Areas (%) | 8.6% | 2024 | ▲ 0.0% | WB |
| Access to Basic Drinking Water (%) | 99.7% | 2024 | ▲ 0.0% | WHO |
| Access to Basic Sanitation (%) | 99.5% | 2024 | ▲ 0.0% | WHO |
▶Agriculture12 indicators · 2022–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Agricultural Land (%) | 14.0% | 2023 | ▲ 4.8% | WB |
| Cereal Yield (kg per hectare) | 2,161 | 2023 | ▼ 6.3% | WB |
| Food Production Index (2014–2016=100) | 108.7 | 2022 | ▼ 2.2% | WB |
| Crop Production Index (2014–2016=100) | 85.5 | 2022 | ▲ 1.3% | WB |
| Livestock Production Index (2014–2016=100) | 121.6 | 2022 | ▼ 3.5% | WB |
| Land Under Cereal Production (hectares) | 23,600 | 2023 | ▼ 5.3% | WB |
| Total Fisheries Production (metric tonnes) | 1,224 | 2023 | ▼ 7.7% | WB |
| Fertilizer Consumption (kg per hectare) | 172.1 | 2023 | ▲ 34.7% | WB |
| Prevalence of Undernourishment (%) | 2.5% | 2023 | ▲ 0.0% | WB |
| Agricultural Irrigated Land (%) | 19.0% | 2023 | ▼ 7.5% | WB |
| Annual Freshwater Withdrawals (% of internal) | 28.6% | 2022 | ▼ 5.1% | WB |
| Cereal Production (metric tons) | 50,990 | 2023 | ▼ 11.3% | WB |
▶Technology13 indicators · 2021–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Internet Users (%) | 91.2% | 2023 | ▲ 1.8% | WB |
| Mobile Subscriptions (per 100 people) | 156 | 2023 | ▲ 2.9% | WB |
| Fixed Broadband Subscriptions (per 100) | 38.7 | 2023 | ▲ 2.2% | WB |
| Secure Internet Servers (per million) | 221,297.9 | 2024 | ▼ 60.3% | WB |
| R&D Spending (% of GDP) | 0.75% | 2022 | ▼ 6.9% | WB |
| Patent Applications, Residents | 1 | 2021 | ▼ 50.0% | WB |
| Patent Applications, Non-Residents | 2 | 2021 | — | WB |
| Scientific Journal Articles | 1,867 | 2022 | ▲ 7.6% | WB |
| High-Technology Exports (USD) | $104.9M | 2024 | ▼ 4.6% | WB |
| ICT Service Exports (% of service exports) | 29.7% | 2024 | ▼ 3.8% | WB |
| ICT Service Exports (USD) | $9.52B | 2024 | ▲ 6.2% | WB |
| Industrial Design Applications, Resident | 20 | 2021 | ▼ 75.6% | WB |
| Researchers in R&D (per million) | 1,728 | 2022 | ▼ 0.9% | WB |
▶Infrastructure6 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Air Transport, Passengers Carried | 724,062 | 2023 | ▲ 64.5% | WB |
| Air Transport, Freight (million ton-km) | 0.4 | 2023 | ▲ 122.6% | WB |
| Container Port Traffic (TEU) | 371,740 | 2022 | ▲ 16.5% | WB |
| Logistics Performance Index (1–5) | 3.20 | 2022 | — | WB |
| Electricity from Oil (%) | 79.5% | 2023 | ▼ 4.5% | WB |
| Electricity from Nuclear (%) | 0.0% | 2021 | — | WB |
▶Gender8 indicators · 2017–2025 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Women in Parliament (%) | 14.3% | 2024 | ▲ 0.0% | WB |
| Female Labor Force Participation, 15+ (%) | 60.4% | 2024 | ▼ 1.3% | WB |
| Female Wage & Salaried Workers (%) | 91.7% | 2025 | ▼ 0.2% | WB |
| Girls Out-of-School Rate (%) | 97.7% | 2017 | — | WB |
| Adolescent Fertility Rate (per 1,000) | 7 | 2023 | ▼ 0.9% | WB |
| Gender Parity Index, Primary | 97.04 | 2017 | — | WB |
| Gender Parity Index, Secondary | 0.97 | 2020 | — | WB |
| Gender Parity in Primary Education | 0.99 | 2020 | — | WB |
▶Governance10 indicators · 2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Control of Corruption | 0.33 | 2023 | ▼ 21.1% | WB |
| Government Effectiveness | 0.74 | 2023 | ▲ 1.0% | WB |
| Political Stability | 0.41 | 2023 | ▼ 3.3% | WB |
| Regulatory Quality | 0.78 | 2023 | ▲ 0.6% | WB |
| Rule of Law | 0.63 | 2023 | ▲ 10.2% | WB |
| Voice & Accountability | 0.97 | 2023 | ▲ 14.6% | WB |
| Control of Corruption (percentile rank) | 62.7% | 2023 | ▼ 5.0% | WB |
| Government Effectiveness (percentile rank) | 76.4% | 2023 | ▲ 1.3% | WB |
| Rule of Law (percentile rank) | 71.7% | 2023 | ▲ 4.1% | WB |
| Political Stability (percentile rank) | 59.2% | 2023 | ▲ 1.3% | WB |
▶Military6 indicators · 2020–2024 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Military Spending (% of GDP) | 1.6% | 2024 | ▼ 0.2% | WB |
| Military Expenditure (USD) | $598.2M | 2024 | ▲ 7.0% | WB |
| Armed Forces Personnel | 13,000 | 2020 | — | WB |
| Armed Forces (% of labor force) | 1.8% | 2020 | — | WB |
| Military Spending (% of govt expenditure) | 4.2% | 2024 | ▼ 2.3% | WB |
| Intentional Homicides (per 100,000) | 0.8 | 2023 | ▲ 36.1% | WB |
▶Poverty & Inequality12 indicators · 2021–2023 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Poverty at $2.15/day (%) | 0.0% | 2023 | — | WB |
| Poverty at $3.65/day (%) | 0.0% | 2023 | — | WB |
| Poverty at $6.85/day (%) | 0.1% | 2023 | — | WB |
| Poverty Headcount, National (%) | 13.9% | 2021 | ▲ 0.7% | WB |
| Gini Index | 31.8 | 2023 | ▲ 1.0% | WB |
| Income Share, Top 10% | 26.3% | 2023 | ▲ 0.4% | WB |
| Income Share, Bottom 10% | 3.6% | 2023 | ▲ 0.0% | WB |
| Income Share, Top 20% | 40.6% | 2023 | ▲ 0.5% | WB |
| Income Share, Bottom 20% | 8.6% | 2023 | ▼ 1.1% | WB |
| Shared Prosperity Premium (%) | 2.2% | 2023 | — | WB |
| Survey Mean Consumption (2017 PPP $ per day) | 63.38 | 2023 | — | WB |
| Poverty Gap at $2.15/day (%) | 0.0% | 2023 | — | WB |
▶Social Protection4 indicators · 2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Human Capital Index (0–1) | 0.76 | 2020 | — | WB |
| Human Capital Index, Female | 0.76 | 2020 | — | WB |
| Human Capital Index, Male | 0.75 | 2020 | — | WB |
| Learning-Adjusted Years of School | 10.9 years | 2020 | — | WB |
▶Tourism5 indicators · 2019–2020 · WB
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| International Tourism, Arrivals | 4.1M | 2019 | — | WB |
| International Tourism, Departures | 1.6M | 2019 | — | WB |
| Tourism Receipts (USD) | $663.0M | 2020 | — | WB |
| Tourism Expenditures (USD) | $880.0M | 2020 | — | WB |
| Tourism Receipts (% of total exports) | 3.3% | 2020 | — | WB |
▶Urban Development5 indicators · 2022–2024 · WB / WHO
| Indicator | Value | Year | Δ YoY | Src |
|---|---|---|---|---|
| Urban Population Growth (%) | 1.0% | 2024 | ▼ 2.6% | WB |
| Population in Slums (% of urban) | 0.3% | 2022 | ▼ 9.2% | WB |
| Rural Population Growth (%) | 1.0% | 2024 | ▼ 4.4% | WB |
| Access to Safely Managed Drinking Water (%) | 99.7% | 2024 | ▲ 0.0% | WHO |
| Access to Safely Managed Sanitation (%) | 77.0% | 2024 | ▲ 0.0% | WHO |
