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Cyprus

Cyprus · CYP · Europe

25

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, and a popular tourist destination. The country remains politically divided, with its economy driven by services, particularly tourism and financial services.

Leadership

Nikos Christodoulides

President

Government: Presidential republic

Constantinos Kombos

Makis Keravnos

Constantinos Ioannou

Economy

GDP

$36.5B

GDP per Capita

$39.0K

GDP Growth

+2.8%

Inflation

2.2%

Unemployment

5.8%

Services (tourism, financial services, shipping)Real estateLight manufacturingAgriculture

Trade

Key Exports

PharmaceuticalsMineral fuelsPotatoesCitrus fruitsCement

Key Imports

Mineral fuelsMachineryVehiclesChemicalsFoodstuffs

Top Partners

GreeceUnited KingdomIsraelGermanyItaly

Headlines (6)

commonwealthunion20h ago

King’s Baton Relay Crosses Gibraltar, Malta and Cyprus on Journey to Glasgow Commonwealth Games 2026

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cyprus_mail20h ago

Cyprus investment funds assets fall to €11.2bn — €2.9bn invested in local economy

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irishnews20h ago

Trump declares Iran ceasefire ‘over’ after wave of strikes

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bhaskarlive_in20h ago

Trump declares US ceasefire with Iran ‘over’

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thehindu20h ago

Trump says Iran ceasefire ‘over’ after fighting flares

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vanguardngr20h ago

‘A waste of time dealing with Iran; ceasefire over’ – Trump declares

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