Statistical Service of Cyprus

Cyprus reports rise in tourism arrivals

Tourism arrivals in Cyprus reached 3.27 million between January and September 2024, marking a 4.2% increase compared to the same period in 2023, according to data from the Statistical Service of Cyprus (CyStat).

This figure also represents a slight 0.23% rise from 2019, the year Cyprus saw its all-time record in tourist arrivals.

Cyprus’ trade deficit drops

Cyprus' trade deficit dropped by 17% to 4.31 billion euros for the period of January to July compared to €5.19 billion in the respective period of last year, according to preliminary data published by the Statistical Service of Cyprus (CyStat). 

Cyprus sees surplus soar in H1

Cyprus has reported a substantial budget surplus of 424.5 million euros for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. This improvement is mainly thanks to a significant rise in government revenue, according to the Statistical Service of Cyprus (CyStat).

Cyprus GDP grows

Cyprus' real GDP grew by an annual 3.5% in the first quarter of 2024, and by 3.4% in seasonally adjusted terms, with the construction sector recording the highest both annual and quarterly percentage gains, according to data released by the Statistical Service of Cyprus.

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