ASIA & MIDDLE EAST · COUNTRY REFERENCE
Cyprus
Written and compiled by American Business Capital Group Inc.
Selected country or entityMap: Natural Earth ↗
ANNUAL ECONOMIC SNAPSHOT
Population & economic scale
The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.
World Bank reporting entity: Cyprus · 3 of 3 indicators available.
Population
1,370,754
people
observation
Definition, value & source
Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.
Received value: 1370754 people. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division
GDP
$41.23 billion
current US$
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 41225787247.3309 current US$. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP per capita
$41,783
current US$ per person
observation
Definition, value & source
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Received value: 41783.08984375 current US$ per person. The main card rounds for readability.
- Collected
- Oct 7, 2026
- Dataset update reported by API
- Jul 13, 2026; separate from the observation year
World Bank indicator ↗ · API record ↗
World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)
GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.
THE REFERENCE FILE
Cyprus at a glance
These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.
Government type
Republic of Cyprus - presidential republic; self-declared "Turkish Republic of Northern Cyprus" (TRNC) - parliamentary republic with enhanced presidency note: a separation of the two main ethnic communities inhabiting the island began following the outbreak of communal strife in 1963; this separation was further solidified when a Greek military-junta-supported coup attempt prompted the Turkish military intervention in July 1974 that gave the Turkish Cypriots de facto control in the north; Greek Cypriots control the only internationally recognized government on the island; on 15 November 1983, then Turkish Cypriot "President" Rauf DENKTAS declared independence and the formation of the "TRNC, which is recognized only by Turkey
Population
total: 1,332,293 (2025 est.) male: 681,128 female: 651,165
Area
total : 9,251 sq km (of which 3,355 sq km are in north Cyprus) land: 9,241 sq km water: 10 sq km
Real GDP (purchasing power parity)
$50.055 billion (2024 est.) $48.386 billion (2023 est.) $47.085 billion (2022 est.) note: data in 2021 dollars
GDP (official exchange rate)
$36.333 billion (2024 est.) note: data in current dollars at official exchange rate
Real GDP growth rate
3.4% (2024 est.) 2.8% (2023 est.) 7.2% (2022 est.) note: annual GDP % growth based on constant local currency
Real GDP per capita
$53,300 (2024 est.) $52,200 (2023 est.) $51,600 (2022 est.) note: data in 2021 dollars
Inflation rate (consumer prices)
1.8% (2024 est.) 3.5% (2023 est.) 8.4% (2022 est.) note: annual % change based on consumer prices
Unemployment rate
5.7% (2024 est.) 6.1% (2023 est.) 6.9% (2022 est.) note: % of labor force seeking employment
Labor force
772,300 (2024 est.) note: number of people ages 15 or older who are employed or seeking work
Public debt
97.5% of GDP (2017 est.) note: data cover general government debt and include debt instruments issued (or owned) by government entities other than the treasury; the data include treasury debt held by foreign entities; the data exclude debt issued by subnational entities, as well as intragovernmental debt; intragovernmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement, medical care, and unemployment
Budget
revenues: $14.39 billion (2023 est.) expenditures: $13.733 billion (2023 est.) note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated
Current account balance
-$3.05 billion (2024 est.) -$3.831 billion (2023 est.) -$2.178 billion (2022 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Exports
$35.12 billion (2024 est.) $32.922 billion (2023 est.) $32.563 billion (2022 est.) note: balance of payments - exports of goods and services in current dollars
Imports
$33.802 billion (2024 est.) $32.556 billion (2023 est.) $31.486 billion (2022 est.) note: balance of payments - imports of goods and services in current dollars
Reserves of foreign exchange and gold
$2.088 billion (2024 est.) $1.789 billion (2023 est.) $1.671 billion (2022 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Electricity access
electrification - total population: 100% (2022 est.)
Internet users
percent of population: 91% (2023 est.)
THE HISTORICAL REFERENCE LIBRARY
Explore the country in detail
Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.
29 of 29 sections
Location
Middle East, island in the Mediterranean Sea, south of Turkey; note - Cyprus views itself as part of Europe; geopolitically, it can be classified as falling within Europe, the Middle East, or both
archive edition 2025 · Archive source ↗
Capital
name: Nicosia (Lefkosia/Lefkosa) geographic coordinates: 35 10 N, 33 22 E time difference: UTC+2 (7 hours ahead of Washington, DC, during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October etymology: may have been named after Nike, the Greek goddess of victory; the Greek name for the city, Lefkosia, and the Turkish name, Lefkosa, both mean "White City"
archive edition 2025 · Archive source ↗
Economic overview
services-based, high-income EU island economy; heavy tourism; sustained growth between recovery of national banking system and COVID-19 trade restrictions; high living standards; a known financial hub, its stock exchange functions as an investment bridge between EU-and EEU-member countries note: Even though the whole of the island is part of the EU, implementation of the EU "acquis communautaire" has been suspended in the area administered by Turkish Cypriots, known locally as the Turkish Republic of Northern Cyprus, until political conditions permit the reunification of the island. Its market-based economy is roughly one-fifth the size of its southern neighbor and is likewise dominated by the service sector with a large portion of the population employed by the government. Manufacturing is limited mainly to food and beverages, furniture and fixtures, construction materials, metal and non-metal products, textiles and clothing. Little trade exists with the Republic of Cyprus outside of construction, historically relying heavily upon Turkey for financial aid, defense, telecommunications, utilities, and postal services. The Turkish Lira is the preferred currency, though foreign currencies are widely accepted in business transactions.
archive edition 2025 · Archive source ↗
Natural resources
copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth pigment
archive edition 2025 · Archive source ↗
Agricultural products
milk, potatoes, sheep milk, pork, goat milk, wheat, chicken, olives, grapes, barley (2023) note: top ten agricultural products based on tonnage
2023 source periods; archive edition 2025 · Archive source ↗
Industries
tourism, food and beverage processing, cement and gypsum, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products note: area administered by Turkish Cypriots - foodstuffs, textiles, clothing, ship repair, clay, gypsum, copper, furniture
archive edition 2025 · Archive source ↗
Exports - partners
Libya 14%, Greece 11%, Lebanon 8%, Bermuda 7%, Marshall Islands 5% (2023) note: top five export partners based on percentage share of exports
2023 source periods; archive edition 2025 · Archive source ↗
Exports - commodities
ships, refined petroleum, packaged medicine, cheese, scented mixtures (2023) note: top five export commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Imports - partners
Greece 20%, UK 10%, Italy 7%, Turkey 6%, Spain 6% (2023) note: top five import partners based on percentage share of imports
2023 source periods; archive edition 2025 · Archive source ↗
Imports - commodities
refined petroleum, ships, cars, packaged medicine, coal tar oil (2023) note: top five import commodities based on value in dollars
2023 source periods; archive edition 2025 · Archive source ↗
Climate
temperate; Mediterranean with hot, dry summers and cool winters
archive edition 2025 · Archive source ↗
Terrain
central plain with mountains to north and south; scattered but significant plains along southern coast
archive edition 2025 · Archive source ↗
Land use
agricultural land: 14% (2023 est.) arable land: 10.6% (2023 est.) permanent crops: 3.1% (2023 est.) permanent pasture: 0.2% (2023 est.) forest: 18.6% (2023 est.) other: 67.1% (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Natural hazards
moderate earthquake activity; droughts
archive edition 2025 · Archive source ↗
Languages
Greek (official) 80.9%, Turkish (official) 0.2%, English 4.1%, Romanian 2.9%, Russian 2.5%, Bulgarian 2.2%, Arabic 1.2%, Filipino 1.1%, other 4.3%, unspecified 0.6% (2011 est.) major-language sample(s): ό ί έ , ί ή ώ ώ . (Greek) The World Factbook, the indispensable source for basic information. note: data represent only the Republic of Cyprus
2011 dates in source text; archive edition 2025 · Archive source ↗
Religions
Eastern Orthodox Christian 89.1%, Roman Catholic 2.9%, Protestant/Anglican 2%, Muslim 1.8%, Buddhist 1%, other (includes Maronite Catholic, Armenian Apostolic, Hindu) 1.4%, unknown 1.1%, none/atheist 0.6% (2011 est.) note: data represent only the government-controlled area of Cyprus
2011 dates in source text; archive edition 2025 · Archive source ↗
Age structure
0-14 years: 15.6% (male 105,533/female 100,099) 15-64 years: 70% (male 486,569/female 437,651) 65 years and over: 14.4% (2024 est.) (male 83,094/female 107,579)
2024 dates in source text; archive edition 2025 · Archive source ↗
Urbanization
urban population: 67% of total population (2023) rate of urbanization: 0.76% annual rate of change (2020-25 est.)
2023, 2020 dates in source text; archive edition 2025 · Archive source ↗
Life expectancy at birth
total population: 80.2 years (2024 est.) male: 77.4 years female: 83.1 years
2024 dates in source text; archive edition 2025 · Archive source ↗
Electricity
installed generating capacity: 2.288 million kW (2023 est.) consumption: 5.197 billion kWh (2023 est.) transmission/distribution losses: 146.11 million kWh (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Electricity generation sources
fossil fuels: 79.1% of total installed capacity (2023 est.) solar: 16% of total installed capacity (2023 est.) wind: 3.9% of total installed capacity (2023 est.) biomass and waste: 1% of total installed capacity (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Petroleum
refined petroleum consumption: 45,000 bbl/day (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Carbon dioxide emissions
6.837 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 100,000 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 6.737 million metric tonnes of CO2 (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Telephones - mobile cellular
total subscriptions: 1.51 million (2024 est.) subscriptions per 100 inhabitants: 156 (2024 est.)
2024 dates in source text; archive edition 2025 · Archive source ↗
Broadband - fixed subscriptions
total: 357,000 (2023 est.) subscriptions per 100 inhabitants: 39 (2023 est.)
2023 dates in source text; archive edition 2025 · Archive source ↗
Airports
14 (2025)
2025 dates in source text; archive edition 2025 · Archive source ↗
Ports
total ports: 6 (2024) large: 0 medium: 0 small: 3 very small: 3 ports with oil terminals: 4 key ports: Dhekelia, Famagusta, Kyrenia, Larnaca, Limassol, Xeros
2024 dates in source text; archive edition 2025 · Archive source ↗
GDP - composition, by sector of origin
agriculture: 1.2% (2024 est.) industry: 10.3% (2024 est.) services: 76.9% (2024 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
2024 dates in source text; archive edition 2025 · Archive source ↗
Remittances
1.8% of GDP (2023 est.) 1.7% of GDP (2022 est.) 2.1% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗
CURRENCY OBSERVATIONS
Money & exchange rates
The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.
Euro
EUR per US$1
Published reference snapshot; its original observation date is preserved.
1 EUR = US$1.123457
0.85945–0.89011 EUR per US$1 across the displayed observations. The vertical scale follows this range.
View dated observations
| Observation date | EUR per US$1 |
|---|---|
| Oct 6, 2026 | 0.89011 |
| Oct 5, 2026 | 0.88998 |
| Oct 4, 2026 | 0.88663 |
| Oct 3, 2026 | 0.88624 |
| Oct 2, 2026 | 0.88569 |
| Oct 1, 2026 | 0.88281 |
| Sep 30, 2026 | 0.88089 |
| Sep 29, 2026 | 0.87986 |
| Sep 28, 2026 | 0.87747 |
| Sep 27, 2026 | 0.87722 |
| Sep 26, 2026 | 0.87731 |
| Sep 25, 2026 | 0.87747 |
| Sep 24, 2026 | 0.8776 |
| Sep 23, 2026 | 0.87407 |
| Sep 22, 2026 | 0.8712 |
| Sep 21, 2026 | 0.87098 |
| Sep 20, 2026 | 0.87046 |
| Sep 19, 2026 | 0.87035 |
| Sep 18, 2026 | 0.87026 |
| Sep 17, 2026 | 0.86922 |
| Sep 16, 2026 | 0.86583 |
| Sep 15, 2026 | 0.86609 |
| Sep 14, 2026 | 0.86392 |
| Sep 13, 2026 | 0.86144 |
| Sep 12, 2026 | 0.86132 |
| Sep 11, 2026 | 0.8611 |
| Sep 10, 2026 | 0.8595 |
| Sep 9, 2026 | 0.85945 |
| Sep 8, 2026 | 0.86065 |
| Sep 7, 2026 | 0.86089 |
Daily references are not live execution prices. A check time does not change a source observation date.
CAPITAL MARKETS
Stock exchanges
No venue from our curated stock exchange directory is listed for this entity.
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Official data & country reports
Research directories have their own coverage. A link is not a claim that every entity has an IMF report or a separate national statistical office.
SOURCES & DATES
Where the facts come from.
Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.
- Country reference
- CIA World Factbook · 2025 archive
- Archive retrieved
- Oct 6, 2026 · retrieval date, not an observation period
- Currency associations
- SIX / ISO 4217 currency registry ↗
- Rate observations
- Frankfurter / official reference providers ↗ · each observation is dated separately
- State classification
- UN member states ↗ · UN observer states ↗
- UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
- CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.
About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.
Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.
Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.