Cyprus Cyprus

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Cyprus, is a country located at Western Asia, it has an area of 9,250 Km2 so it is one of the smallest countries in the world.

Cyprus, with a population of 904,705 people, it is one of the least populous country in the world and it has a moderate population density, 98 people per km2.

It's capital is Nicosia and its currency is Euros

Cyprus is holding the 106 position by nominal GDP. Its national debt in 2021 was 24,271 millions of euros (28,725 millions of dollars), ( 101% debt-to-GDP ratio) and its public debt per capita is €26,828 euros per inhabitant$31,751 dollars per inhabitant.

In terms of the human development index (HDI) of Cyprus, which is the index used by the United Nations to measure the progress of a country, was 0.896 points in 2021, leaving it in 29th place in the table of 191 countries published.

If the reason to visit Cyprus are business, you must know it's in the 54th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Cyprus, if you want to see information about other countries click here

Nicosia: Monthly Temp.
Nicosia: Monthly Rainfall
Cyprus Economy
Qu. GDP Per Capita [+]2022Q37,513K
Annual GDP [+]2021€24,019M
Annual GDP [+]2021$27,738M
GDP per capita [+]2021€26,680
GDP per capita [+]2021$30,957
Quarterly GDP [+]2022Q3€6,797M
Debt (M.€.) [+]202124,271
Debt ($M) [+]202128,725
Debt (%GDP) [+]2021101.00%
Debt Per Capita [+]2021€26,828
Debt Per Capita [+]2021$31,751
Deficit (M.€) [+]2021-408
Deficit ($M) [+]2021-460
Deficit (%GDP) [+]2021-1.70%
Expenditure (M.€) [+]202110,345.8
Expenditure ($M) [+]202112,231.6
Education Expenditure (M.€) [+]20171,168.8
Education Expenditure ($M) [+]20171,315.6
Education Expenditure (%Bud.) [+]201715.68%
Gov. Health Exp. (M.€) [+]20201,366.9
Gov. Health Exp.($M) [+]20201,561.2
Gov. Health Exp. (%Bud.) [+]20177.58%
Defence Expenditure (M.€) [+]2020424.1
Defence Expenditure ($M) [+]2020502.1
Defence Expenditure (%Bud.) [+]20204.36%
Expenditure (%GDP) [+]202143.10%
Expenditure Per Capita [+]2021€11,436
Expenditure Per Capita [+]2021$13,520
Education Expenditure P.C [+]2017€1,360
Education Expenditure P.C [+]2017$1,539
Gov. Health Exp. P.C. [+]2020€1,532
Gov. Health Exp. P.C. [+]2020$1,750
Defence Expenditure P.C. [+]2020€475
Defence Expenditure P.C. [+]2020$476
Moody's Rating [+]08/19/2022Ba1
S&P Rating [+]09/02/2022BBB
Fitch Rating [+]04/03/2020BBB-
Corruption Index [+]202252
Competitiveness Ranking [+]201944º
Fragile States Index [+]201860.3
Innovation Ranking [+]201829º
Unemployment Rate [+]December 20227.7%
Unemployment rate [+]2022Q36.8%
Unemployed [+]2022Q333K
NMW [+]2023$1,002.6
NMW [+]2023€940.0
Average Wage [+]2021$27,704
Average Wage [+]2021€23,424
Human Capital Ranking [+]201738º
US Dollar exchange rate [+]02/02/20230.9101
Stock ExchangeYTD % [+]12/30/20230%
HICP [+]January 20236.8%
PPI Year on Year [+]December 202220.5%
Money Market
Key rates [+]12/21/20222.50%
Doing Business [+]202054º
IPI Year on Year [+]November 20221.7%
Passengers vehicles Year [+]December 202211,627
Annual Vehicles/ 1,000 p. [+]December 202215.19
Vehicles / 1,000 people [+]2015700.49
Tax Revenue (%GDP) [+]202135.8%
Standard VAT [+]01/13/201419.00%
Top tax rate + SSC [+]202035.0%
Annual arrivals [+]20193,976,777
Exports [+]2021€3,302.2M
Exports [+]2021$3,778.4M
Exports % GDP [+]202113.75%
Imports [+]2021€8,723.6M
Imports [+]2021$10,092.9M
Imports % GDP [+]202136.32%
Trade balance [+]2021€-5,421.5M
Trade balance [+]2021$-6,314.5M
Trade balance % GDP [+]2021-22.57%
Retail Sales YoY [+]December 20224.0%
Global AgeWatch Ranking [+]201530º
Density [+]202198
Global Peace Ranking [+]202267º
Crude divorce rate [+]20192.60‰
Remittance received ($M) [+]2017334.8
% Immigrant [+]201921.61%
% Emigrant [+]201924.17%
Birth Rate [+]202111.30‰
Remittance sent ($M) [+]2017437.9
Crude death rate [+]20217.90‰
Fertility Rate [+]20201.36
Crude marriage rate [+]20198.90‰
% risk of poverty [+]202113.8%
Population [+]2021904,705
Immigrant stock [+]2019191,922
Emigrant stock [+]2019214,648
HDI [+]20210.896
Gender Gap Ranking [+]202293º
Life expectancy [+]202181.80
Suicides [+]202031
Suicide rate [+]20203.46
Number of homicides [+]202015
Rate Homicides per 100.000 [+]20201.24
Energy and Environment
CO2 Tons per capita [+]20215.55
Consumption GWh [+]20214,659
Generation GWh [+]20214,878
COVID-19 - Deaths [+]02/01/20231,287
COVID-19 - Confirmed [+]02/01/2023642,663
Fully vaccinated [+]12/21/2022646,021
COVID-19 - Deaths per million population [+]02/01/20231,422.56
Doses administered [+]12/21/20221,797,542