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Cyprus

CYP Β· Europe and Central Asia

Cyprus: GDP 63.0K intl$ per capita, population 1.4M, inflation 1.8%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Europe & Central Asia
Population
1.36M
2024
View all demographics β†’

Geography and Government

Area
9,251 kmΒ²
Capital
Nicosia
ISO 2
CY
ISO 3
CYP
Calling code
+357
Internet TLD
.cy
Government type
Republic of Cyprus - presidential republic; self-declared "Turkish Republic of Northern Cyprus" (TRNC) - parliamentary republic with enhanced presidency

Age Structure

0-14 years 15.6%
15-64 years 70.0%
65+ years 14.4%

Languages

Language Type Share Speakers
Greek (ELL) Official - -
Turkish (TUR) Official - -

Religions

Religion Type Share Adherents
Eastern Orthodox Christian Major 89.1% -
Roman Catholic Minor 2.9% -
Protestant/Anglican Minor 2.0% -
Muslim Minor 1.8% -
Other Minor 1.4% -
Unknown Minor 1.1% -
Buddhist Minor 1.0% -
None/Atheist Minor 0.6% -

Population & Demographics

Basic Demographics

Population, total
1.36M
2024
Population growth (annual %)
0.98%
2024
Population density (people per sq. km of land area)
145.6 per kmΒ²
2023
Urban population (% of total population)
66.7%
2024

Health Indicators

Life expectancy at birth, total (years)
81.8 years
2024
Birth rate, crude (per 1,000 people)
10.52 per 1,000
2024
Death rate, crude (per 1,000 people)
7.02 per 1,000
2024
Fertility rate, total (births per woman)
1.38 children
2024
Mortality rate, infant (per 1,000 live births)
4.1 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.9%
2023
Literacy rate, adult total (% of people ages 15 and above)
98.7%
2011

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$38.7K
2024
Inflation, consumer prices (annual %)
1.8%
2024
Unemployment, total (% of labor force)
4.9%
2025
GNI per capita (current US$)
$32.9K
2024

Macroeconomic Indicators

GDP (current US$)
$37.63B
2024
GDP growth (annual %)
3.9%
2024
GDP per capita, PPP (current international $)
63.0K intl$
2024
Central government debt, total (% of GDP)
53.7%
1994

Trade & External Sector

Trade (% of GDP)
190.4%
2024
Exports of goods and services (% of GDP)
97.0%
2024
Imports of goods and services (% of GDP)
93.4%
2024

Other Indicators

International tourism, number of arrivals
4.12M
2019
Corruption Perceptions Index (Transparency International)
53.0
2024
Tax revenue (% of GDP)
23.9%
2024
Foreign direct investment, net inflows (% of GDP)
-133.8%
2024

Cost of Living

Cost of Living Index
58.0
Est. monthly: $2,030
Rent Index
35.0
Est. rent: $980/mo
Purchasing Power
75.0
(Higher is better)

Explore More

Frequently Asked Questions

What is the average income in Cyprus?

According to our data, the average income in Cyprus is approximately $32,870 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Cyprus in 2024?

The inflation rate in Cyprus is 1.8% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Cyprus compare to other countries in Europe and Central Asia?

Cyprus is located in Europe and Central Asia and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Cyprus compares to neighboring and regional countries.

Cyprus is located in Europe and Central Asia. Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Cyprus's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Cyprus's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
CY
ISO 3
CYP
IOC code
CYP
Vehicle code
CY
Latitude
35.17
Longitude
33.37

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