Cyprus
EU member since 2004 · eurozone since 2008 · capital Nicosia
GDP nominal
36.5B€M
+1713.30 YoY
as of 2025-01
GDP per cap
36,850€
+1180.00 YoY
as of 2025-01
Deficit
3.40% GDP
-0.70 YoY
as of 2025-01
Debt
55.00% GDP
-7.70 YoY
as of 2025-01
HICP
0.80%
-1.50 YoY
as of 2025-01
Unemployment
4.40%
-0.50 YoY
as of 2025-01
Fiscal trajectory
Deficit history + debt vs eurozone average
Government deficit / surplus
% of GDP, annual (B.9)
Government debt
% of GDP, vs eurozone average
Government spending — latest year
By COFOG function (% of GDP)
Spending breakdown
latest year (2024)
Total expenditure vs revenue
% of GDP, annual
Macro indicators
Real GDP growth
% YoY, annual
HICP inflation
% YoY, annual average
Unemployment
% of active population
Sovereign borrowing cost
10Y benchmark government bond yield (monthly)
10Y yield
vs. EU peers
Rank against the other 26 EU member states for the latest available period
Debt rank
16/27
debt: 55.0%
Deficit rank
1/27
deficit: 3.4%
GDP per cap
13/27
GDP/cap: €36,850
IMF WEO forecasts
GDP growth — historical + forecast
Solid = actual · dashed = forecast