Cyprus
Everything Palanor holds about Cyprus, in one place: 165 public signals, what its economy runs on, how often America’s largest companies name it, the news that names it, and Country Posture. Every figure is computed from stored readings and carries its source and date.
AsiaMiddle East & North AfricaEuropean UnionEuro AreaMiddle East & Africa
The latest read
- GDP in current U.S. dollars: $41.2 billion (2025); record high since 1975; 1y +9.6%.
- Real GDP growth: 3.77% (2025); 37th percentile since 1976; 1y −0.17 pts.
- Consumer price inflation: 0.13% (2025); 13th percentile since 1960; lowest since 2020; 1y −1.67 pts.
- Unemployment: 4.92% (2025); 50th percentile since 1991; 1y +0.02 pts.
- Household consumption, share of GDP: 56.6% of GDP (2025); record low since 1990; 1y −0.68 pts.
- Net exports, share of GDP: 5.65% of GDP (2025); record high since 1990; 1y +2.01 pts.
Country Posture
What Cyprus’s economy is doing
Momentum
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.590 below 0.60; AUC 0.590 below the single-input baseline (0.624); 2010–2022: AUC 0.595 below 0.60; AUC 0.595 below the single-input baseline (0.641).
Inputs
| Real GDP growth | 3.8 |
| Growth against its three-year average | -1.7 |
| Change in unemployment | 0.0 |
| Change in the employment rate | -0.2 |
| Export volume growth | — |
| OECD leading indicator | — |
Resilience
202558Moderate buffers
0 = thin buffers · 100 = deep buffers
Moved most by reserves, months of imports (up) and governance (wgi mean) (up) since the year before.
Inputs
| Interest as a share of revenue (2024) | 2.8 | 87 |
| Budget balance (2024) | 4.2 | 95 |
| Reserves, months of imports | 0.5 | 31 |
| Current account | -6.3 | 26 |
| Governance (WGI mean) | 0.72 | 45 |
| External debt | — | — |
Pressure
2025Inputs only. Did not pass the pre-registered back-test: 1996–2009: AUC 0.657 below the single-input baseline (0.672).
Inputs
| Inflation | 0.1 |
| Change in inflation | -1.7 |
| Currency move against the dollar | -4.3% |
| Conflict deaths per million | 0.0 |
| Political stability | 0.44 |
| Private credit, three-year change (2024) | -30.7 |
| Bond spread over U.S. Treasuries | — |
Posture describes what an economy is doing; it is not a rating and never ranks countries. Each input is read against the country’s own history and against every other economy that year. An axis shows a score only after passing a back-test fixed before any result was computed. Method and back-test.
Country Schemas
Where Cyprus is in its cycles
Where Cyprus sits in eight long cycles, each read from published statistics against a method fixed before any reading was computed. A stage describes; it is not a rating, and no stage is better or worse than another.
- Development stage
High mass consumption99% · 2025
Pre-take-offTake-offDrive to maturityHigh mass consumption20002025
- Demographic stage
Low stationary99% · 2025
High stationaryEarly expandingLate expandingLow stationaryDeclining20002025
- Debt cycle stage
Deleveraging47% · 2025
Early cycleLeveragingLate cycleDeleveraging20002025
- External balance stage
Mature debtor36% · 2025
Immature debtorMature debtorDebt repayerImmature creditorMature creditorCredit disinvestor20002025
- Export structure stage
Commodity-reliant71% · 2025
Commodity-reliantDiversifyingManufacturing exporterComplex exporter20002025
- Structural pressure
Low84% · 2025
LowBuildingHighAcute20002025
- Middle-class stage
Affluent99% · 2025
Pre-middle-classEmerging middle classMiddle-class majorityAffluent20042025
- Electoral cycle
Mid-term95% · 2026-10
Post-electionMid-termPre-election2020-012026-10
Passport reach
Where a Cyprus passport opens doors
The share of world GDP, outside Cyprus itself, in the economies whose published rules let a holder of this passport in, as of October 2026. Palanor records the rules of destinations holding 88% of world GDP, from each government’s own list, and weights them by World Bank GDP for 2025. Rank is among 199 passports.
Work
20.1%rank 41 of 199
the right to work (free movement in full; treaty and working-holiday routes at half); 30 destinations in full, 1 at half.
Recorded changes
Investment migration programs
- Cyprus Investment Programme (citizenship by investment) citizenship · ClosedGovernment minimum — for one person (agent fees excluded).
- Immigration Permit (permanent residence) by investment - expedited procedure under Regulation 6(2) of the Aliens and Immigration Regulations residence · OpenGovernment minimum $337,570 for one person, $337,806 for a family of four (agent fees excluded).
Reach is shown here and not weighted into Country Strength: it rewards membership of a free-movement area or a treaty more than the strength of an economy. Entry is always at the border officer’s discretion, and conditions (length of stay, fees, age limits) vary. Method, sources and the full ranking: Passports and citizenship.
Palanor calculation from each destination government's published rules; GDP weights from the World Bank (CC BY 4.0), one year for the whole line, so it moves only when a list changes.
GDP by expenditure
What Cyprus’s economy runs on
In 2025, household spending was 56.6% of GDP, government consumption 18.5%, investment 19.3% and net exports +5.7% (exports 97.6%, imports 91.9%).
World Bank national accounts. The parts can miss 100 by a few points (the statistical discrepancy).
Same World Bank definition for every country, so the shares compare directly: What each economy runs on.
IMF World Economic Outlook
The IMF’s outlook for Cyprus
The latest year before the October 2026 edition (often still an IMF estimate) and the IMF’s own projections. These are the IMF’s published forecasts, shown as published; Palanor does not project them further. Since the previous edition the IMF cut its growth forecast for this year by 0.1 percentage points (Palanor calculation).
| Measure | 2025 | 2026 IMF f’cast | 2027 IMF f’cast | 2031 IMF f’cast |
|---|---|---|---|---|
| Real GDP growth% | 3.8 | 2.9 | 3.2 | 3.0 |
| Inflation, average consumer prices% | 0.8 | 3.7 | 1.9 | 2.0 |
| Unemployment rate% of labor force | 4.4 | 4.0 | 4.4 | 4.7 |
| GDP, current US dollarsUS$ bn | 41.2 | 44.3 | 46.8 | 57.6 |
| GDP at purchasing-power parityintl $ bn | 63.9 | 68.0 | 72.4 | 87.9 |
| GDP per person, US dollarsUS$ | 41,916 | 44,477 | 46,566 | 55,112 |
| Current account balance% of GDP | -6.4 | -7.7 | -7.7 | -7.1 |
| Government gross debt% of GDP | 55.0 | 51.4 | 46.7 | 32.5 |
| Government net debt% of GDP | 24.8 | 21.4 | 17.7 | 5.9 |
| Government overall balance% of GDP | 3.4 | 2.3 | 2.6 | 2.0 |
| Government primary balance% of GDP | 4.5 | 3.4 | 3.7 | 3.0 |
| Government net interest paid% of GDP · Palanor calc. | 1.1 | 1.1 | 1.0 | 1.0 |
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database (edition on the projection). Dashed: the IMF's published projection.
Source: IMF World Economic Outlook Database, October 2026. Provided by the IMF “as is” and free of charge from the IMF; the IMF does not endorse Palanor. Net interest paid is a Palanor calculation: the IMF's primary balance minus its overall balance.
Charts
The headline series
News
In the news
- PH, Cyprus sign pact on evacuating Pinoys
Marketaux (financial news API)2026-10-09neutral
- Egypt, Lebanon, Oman, Cyprus keen to join: ‘Multiple routes’ key for IMEC amid Hormuz crisis, says French envoy
Marketaux (financial news API)2026-10-07negative · -crisis
- A lawyer says a British man accidentally let his 3-year-old slip from his hands, causing the child to fall to his death from a hotel window in Cyprus.
The Associated Press · Bluesky2026-10-06negative · -fall
- India, Cyprus hold first Joint Maritime Committee meeting
Marketaux (financial news API)2026-10-04neutral
Headlines that name Cyprus, matched by name with fixed rules (a wrong match is worse than a missing one). Tone is read from each headline’s own words; no model reads or summarizes an article, and other publishers’ stories link out.
Company graph
Companies headquartered in Cyprus
Palanor’s company graph holds 126 entities headquartered here (GLEIF headquarters address, else legal address).
Signals
Every series about Cyprus
Grouped by theme, the most-read first. All 165 in the Library.
Growth and output10 of 42
- Cyprus · Agriculture, Forestry and Fishing Value Added · % of GDPrecord low since 1975; 1y −0.0397 pts1.12% of GDP2025
- Cyprus · GDP · USD bn (current)record high since 1975; 1y +9.6%$41.2bn2025
- Cyprus · Industry (incl. Construction) Value Added · % of GDP13th percentile since 1975; 1y +0.0115 pts11.1% of GDP2025
- Cyprus · Manufacturing Value Added · % of GDP11th percentile since 1975; lowest since 2022; 1y −0.0645 pts4.39% of GDP2025
- Cyprus · Real GDP Growth · % y/y37th percentile since 1976; 1y −0.17 pts3.77%2025
- Cyprus · Country Strength82nd percentile since 1990; lowest since 2020; 1y −3.8%71.1 index2025
- Cyprus · GDP per Capita · PPP USDrecord high since 1990; 1y +2.5%64,575 usd2025
- Cyprus · GDP per Person · €record high since 1995; 1y +3.9%38,700 € per person2025
- Cyprus · Services Value Added · % of GDP95th percentile since 1995; highest since 2022; 1y +0.369 pts76.8% of GDP2025
- Cyprus: GDP per Hour Worked at Purchasing-Power Parityrecord high since 1995; 1y +2.6%39.42025
Prices1 of 3
- Cyprus · Inflation · CPI % y/y13th percentile since 1960; lowest since 2020; 1y −1.67 pts0.13%2025
Jobs and people at work5 of 6
- Cyprus Unemployment Rate (Monthly, Eurostat)19th percentile since Jan 2000; highest since Nov 2025; 1y −0.1 pts4.1%2026-08-01
- Cyprus · Female Labor Force Participation · %90th percentile since 1990; lowest since 2021; 1y −0.2 pts61.2%2025
- Cyprus · Male Labor Force Participation · %57th percentile since 1990; lowest since 2020; 1y −0.26 pts72.7%2025
- Cyprus · Unemployment Rate · %50th percentile since 1991; 1y +0.02 pts4.92%2025
- Average annual hours worked · Cyprus60th percentile since 1995; highest since 2008; 1y +0.6%1,851.4 hours2025
Government and debt10
- Cyprus · Interest · % of Revenue (central govt)record low since 1972; 1y −0.06 pts2.81%2024
- Cyprus · Interest · % of Expense (central govt)record low since 1972; 1y −0.47 pts3.05%2023
- Cyprus · Budget Balance · % GDP (central govt)record high since 1975; 1y +141.0%4.17 pct_gdp2024
- Cyprus · Budget Balance · % GDP95th percentile since 1995; 1y −17.8%3.4 pct_gdp2025
- Cyprus · Government Debt · % GDP24th percentile since 1995; lowest since 2009; 1y −12.4%55 pct_gdp2025
- Cyprus · Government Spending · % GDP56th percentile since 1995; 1y +5.1%40.2 pct_gdp2025
- Cyprus · Net Interest · % GDP5th percentile since 1995; lowest since 1995; 1y −8.7%1.08 pct_gdp2025
- Cyprus · Primary Balance · % GDP89th percentile since 1995; 1y −15.8%4.48 pct_gdp2025
- Cyprus · EU Budget Net Balance (Operating Budgetary Balance) · € billionsrecord high since 2004; 1y +137.4%0.27 € billions2025
- Cyprus · EU Budget Net Balance, Cumulative since 2004 · € billionsrecord high since 2004; 1y +21.0%1.57 € billions2025
Trade and capital flows3 of 4
- Cyprus · Current Account · % GDP41st percentile since 1976; highest since 2021; 1y +1.87-6.29 pct_gdp2025
- Cyprus · Tourism Intensity: Nights per Resident (annual)59th percentile since 1990; highest since 2019; 1y +4.7%19.42025
- Cyprus · Net International Investment Position, % of GDP (IMF)65th percentile since 2002; 1y −8.11 pts-89.5% of GDP2025
Energy and resources4 of 8
- Cyprus · Business Electricity Price (incl. taxes) · € per kWh75th percentile since Jul 2007; lowest since Jul 2021; 1y −0.6%0.27 € per kWh2026-01-01
- Cyprus · Household Electricity Price (incl. taxes) · € per kWh72nd percentile since Jul 2007; lowest since Jan 2022; 1y −8.3%0.27 € per kWh2026-01-01
- Cyprus · Wind and Solar Share of Electricity Generationrecord high since 2000; 1y +1.38 pts24.2% of generation2025
- Cyprus · Electric Car Share of New Car Sales1y +3.00 pts15% of new car sales2025
Conflict and geopolitics4 of 10
- Cyprus · Governance · WGI six-dimension mean13th percentile since 1996; highest since 2021; 1y +5.4%0.72 index2025
- Cyprus · Political Stability · WGI24th percentile since 1996; highest since 2021; 1y +10.5%0.44 index2025
- Cyprus · Regulatory Quality · WGI17th percentile since 1996; highest since 2021; 1y +12.8%0.85 index2025
- Cyprus · Rule of Law · WGI9th percentile since 1996; highest since 2022; 1y +9.5%0.74 index2025
Aid in and out2
- Cyprus · Foreign Aid (Official Development Assistance) · US$ billions1y +8.3%0.01 US$ billions2024
- Cyprus · ODA as % of GNI1y unchanged0.04% of GNI2024
Migration4 of 6
- International Migrant Stock: Cyprus (UN)record high since 1990202,062 people2024
- International Migrants as a Share of Population: Cyprus (UN)81st percentile since 199014.9% of population2024
- U.S.-Born People Living in Cyprus (UN)record high since 19903,355 people2024
- Change in Migrant Share of Population Since 2000: Cyprus (UN)6.432024
AI stance and technology2 of 4
- Cyprus · R&D Spending per Person · € per inhabitantrecord high since 1991; 1y +2.0%229.62024
- Cyprus · R&D Spending · % of GDP80th percentile since 1998; lowest since 2018; 1y −0.02 pts0.64% of GDP2024
Climate and the physical world4 of 6
- Cyprus · Arable Land · % of land20th percentile since 1961; highest since 2020; 1y +0.03 pts10.4% of land area2024
- Cyprus · Renewable Freshwater · m³ per personrecord low since 1961; 1y −1.0%5862022
- Cyprus · Forest Area · % of land37th percentile since 1990; lowest since 2002; 1y −0.02 pts18.6%2024
- Cyprus · PM2.5 Exposure · µg/m³record low since 1990; 1y −9.9%13.4 µg/m³2020
Health and living standards10
- Cyprus · Life Expectancy at Birth · yearsrecord high since 1960; 1y +0.2%81.8 years2024
- Cyprus · Access to Electricity · % of populationrecord high since 1990; 1y unchanged100%2024
- Cyprus · Human Development Index · UNDPrecord high since 1990; 1y +0.6%0.91 index2023
- Cyprus · Basic Drinking Water Access · % of populationrecord low since 2000; 1y unchanged99.7%2024
- Cyprus · Safely Managed Drinking Water · % of population88th percentile since 2000; 1y unchanged99.7%2024
- Cyprus · Undernourishment · % of populationrecord low since 2001; 1y unchanged2.5%2024
- Cyprus · Extreme Poverty ($3.00 a day) · % of populationrecord low since 2004; 1y unchanged0%2023
- Cyprus · Poverty at National Lines · % of population8th percentile since 2004; 1y +0.1 pts13.9%2021
- Cyprus · Never Physically Active Outside Work · % of people29.5% of people2025-12-31
- Cyprus · Physically Active Outside Work Daily · % of people20.1% of people2025-12-31
Sentiment and attention1
- Cyprus · Search Attention83rd percentile since Sep 2021; 1y −11.6%38 index2026-09-20
More about this country2 of 18
- Cyprus · IMF Credit Outstanding · USD bn (IMF)record low since Dec 1974; 1y unchanged$0bn2026-09-01
- Cyprus · IMF Credit Outstanding, % of GDPrecord low since 1980; 1y unchanged0% of GDP2025
Peers
Elsewhere in Asia
Alphabetical. Palanor does not rank countries.
AfghanistanArmeniaAzerbaijanBahrainBangladeshBhutanBruneiCambodiaChinaGeorgiaHong KongIndiaIndonesiaIranIraqIsraelJapanJordanKazakhstanKuwaitKyrgyzstanLaosLebanonMacaoMalaysiaMaldivesMongoliaMyanmarNepalNorth KoreaOmanPakistanPalestinePhilippinesQatarSaudi ArabiaSingaporeSouth KoreaSri LankaSyriaTaiwanTajikistanThailandTimor-LesteTürkiyeTurkmenistanUnited Arab EmiratesUzbekistanVietnamYemen