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Economy of Cyprus

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

18.2% 16.6% 51.3%
  • Agriculture, forestry & fishing: 1.3%
  • Mining, manufacturing & utilities: 6.9%
  • Construction: 5.6%
  • Trade, restaurants & hotels: 18.2%
  • Transport & communication: 16.6%
  • Finance, real estate & other services: 51.3%
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Agriculture, forestry & fishing
1.3%
Mining, manufacturing & utilities
6.9%
Construction
5.6%
Trade, restaurants & hotels
18.2%
Transport & communication
16.6%
Finance, real estate & other services
51.3%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 45.2B #102 / 190 2026
GDP (Local currency - EUR) 38.3B - 2026
Real GDP (Local currency - EUR) 31.1B - 2026
PPP GDP (Int$) 67.4B #122 / 191 2026
GNI (USD) 33.6B #106 / 210 2024

GDP per Capita

GDP per Capita (USD) 45,409 #30 / 190 2026
GDP per Capita (Local currency - EUR) 38,520 - 2026
Real GDP per Capita (Local currency - EUR) 31,214 - 2026
PPP GDP per Capita (Int$) 67,796 #32 / 191 2026
GNI per Capita (USD) 36,107 #42 / 210 2024

Economic Growth

GDP Growth 3% #95 / 191 2026

Prices and Inflation

Inflation Rate 2.6% #132 / 191 2026

Labor Market

Unemployment Rate 4.6% #60 / 103 2026

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