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Cyprus

Cyprus · CYP · Europe

Risk Score

Guarded→ Stable

Risk Factors

No recent events in pipeline

Overview

Cyprus is an island nation in the Eastern Mediterranean, a member of the European Union, though politically divided. Its economy is robust, primarily driven by services, including tourism, financial services, and shipping, with a growing energy sector.

Leadership

Nikos Christodoulides

President

GOVERNMENT: Presidential Republic

Constantinos Petrides

Constantinos Kombos

Anna Koukkides-Procopiou

Economy

GDP

$37.0B

GDP per Capita

$39.0K

GDP Growth

+3.5%

Inflation

2.5%

Unemployment

5.5%

Services (Tourism, Financial)ShippingReal EstateEnergy

Trade

Key Exports

Refined PetroleumPharmaceuticalsPotatoesCitrus FruitCement

Key Imports

Crude PetroleumVehiclesMachineryChemicalsFoodstuffs

Top Partners

GreeceUnited KingdomIsraelGermanyItaly

Headlines (8)

EUROPE SAYS1d ago

Cyprus economy’s big challenge is making growth reach household pockets

Lokmat Times1d ago

India, Cyprus discuss avenues to strengthen connectivity, transport and maritime sector

The London Free Press1d ago

FP Markets Wins Forex Broker of the Year at Forex Expo Dubai 2026

The Sun1d ago

Brit tourist, 63, dies after falling ill on diving trip in Ayia Napa as instructor frantically tried to save him

Irish Mirror1d ago

Cyprus flight to Heathrow declares mid

Daily Record1d ago

bound British Airways flight to Cyprus declares mid