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 920,701 people, it is one of the least populous country in the world and has a population density of 100 people per km2.

It's capital is Nicosia and its currency is Euros

Cyprus is holding the 104 position by nominal GDP. Its national debt in 2022 was 23,767 millions of euros (24,625 millions of dollars), ( 85.6% debt-to-GDP ratio) and its public debt per capita is €25,814 euros per inhabitant$26,746 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
Gouvernement
Qu. GDP Per Capita [+]2023Q48,246K
Annual GDP [+]2023€29,757M
Annual GDP [+]2023$32,176M
GDP per capita [+]2023€32,100
GDP per capita [+]2023$34,948
Quarterly GDP [+]2023Q4€7,592M
Debt (M.€.) [+]202223,767
Debt ($M) [+]202224,625
Debt (%GDP) [+]202285.60%
Debt Per Capita [+]2022€25,814
Debt Per Capita [+]2022$26,746
Deficit (M.€) [+]2022676
Deficit ($M) [+]2022602
Deficit (%GDP) [+]20222.40%
Expenditure (M.€) [+]202210,780.1
Expenditure ($M) [+]202211,330.2
Education Expenditure (M.€) [+]20171,161.6
Education Expenditure ($M) [+]20171,311.7
Education Expenditure (%Bud.) [+]201715.68%
Gov. Health Exp. (M.€) [+]20211,931,411,000.0
Gov. Health Exp.($M) [+]20212,284,279,789.7
Gov. Health Exp. (%Bud.) [+]20177.58%
Defence Expenditure (M.€) [+]2022504.1
Defence Expenditure ($M) [+]2022516.5
Defence Expenditure (%Bud.) [+]20224.52%
Expenditure (%GDP) [+]202238.80%
Expenditure Per Capita [+]2022€11,709
Expenditure Per Capita [+]2022$12,306
Education Expenditure P.C [+]2017€1,351
Education Expenditure P.C [+]2017$1,535
Gov. Health Exp. P.C. [+]2021€2,145
Gov. Health Exp. P.C. [+]2021$2,537
Defence Expenditure P.C. [+]2022€552
Defence Expenditure P.C. [+]2022$571
Moody's Rating [+]09/29/2023Baa2
S&P Rating [+]09/01/2023BBB
Fitch Rating [+]03/10/2023BBB
Corruption Index [+]202252
Competitiveness Ranking [+]201944º
Fragile States Index [+]201860.3
RTI Raking [+]202270º
Innovation Ranking [+]201829º
Labour
Unemployment Rate [+]February 20246.4%
Unemployment rate [+]2023Q45.9%
Unemployed [+]2023Q429K
NMW [+]2024$1,105.0
NMW [+]2024€1,000.0
Average Wage [+]2022$25,632
Average Wage [+]2022€24,342
Human Capital Ranking [+]201738º
Markets
US Dollar exchange rate [+]04/12/20240.9388
Stock ExchangeYTD % [+]04/11/202462.99%
Prices
HICP [+]March 20241.6%
PPI Year on Year [+]February 2024-3.5%
Money Market
Key rates [+]09/20/20234.50%
Business
Doing Business [+]202054º
IPI Year on Year [+]February 20241.0%
Passengers vehicles Year [+]December 202211,627
Annual Vehicles/ 1,000 p. [+]December 202214.93
Vehicles / 1,000 people [+]2021787.94
Taxes
Tax Revenue (%GDP) [+]202236.3%
Standard VAT [+]01/13/201419.00%
Top tax rate + SSC [+]202035.0%
Trade
Annual arrivals [+]20193,976,777
Exports [+]2023€4,134.3M
Exports [+]2023$4,470.4M
Exports % GDP [+]202313.89%
Imports [+]2023€12,938.4M
Imports [+]2023$13,990.3M
Imports % GDP [+]202343.48%
Trade balance [+]2023€-8,804.1M
Trade balance [+]2023$-9,519.9M
Trade balance % GDP [+]2023-29.59%
Retail Sales YoY [+]December 20239.2%
Socio-Demography
Global AgeWatch Ranking [+]201530º
Density [+]2022100
Global Peace Ranking [+]202364º
Crude divorce rate [+]20192.60‰
Remittance received ($M) [+]2017334.8
% Immigrant [+]202021.25%
% Emigrant [+]202019.33%
Birth Rate [+]202211.20‰
Remittance sent ($M) [+]2017437.9
Crude death rate [+]20228.00‰
Fertility Rate [+]20221.37
Crude marriage rate [+]20198.90‰
% risk of poverty [+]202213.9%
Population [+]2022920,701
Immigrant stock [+]2020190,366
Emigrant stock [+]2020173,210
HDI [+]20210.896
Gender Gap Ranking [+]2023106º
Life expectancy [+]202281.60
Suicides [+]202126
Suicide rate [+]20212.55
Number of homicides [+]20228
Rate Homicides per 100.000 [+]20220.64
Energy and Environment
CO2 Tons per capita [+]20215.55
Consumption GWh [+]20214,659
Generation GWh [+]20214,878
Others
COVID-19 - Deaths [+]03/31/20241,367
COVID-19 - Confirmed [+]03/31/2024690,547
Fully vaccinated [+]02/22/2023646,142
COVID-19 - Deaths per million population [+]03/31/20241,484.74
Doses administered [+]02/22/20231,798,610