GDP in Cyprus
Cyprus - GDPSequential data points to a continuation of robust economic activity in Q2 following a stellar Q1, which saw the economy expand at one of the fastest rates in a decade. Industrial production growth more than doubled Q1’s average pace in April on the back of soaring output of pharmaceutical and chemical products. Moreover, retail sales rose at a solid clip in the same month, underpinned by upbeat consumer confidence and an improving labor market—the unemployment rate dipped to a near seven-year low in April–May. On the external front, goods exports surged in April and May, contributing to a significant reduction of the trade deficit in January–May.
Cyprus - GDP Data
|Economic Growth (GDP, annual variation in %)||-5.9||-1.4||2.0||3.4||3.9|
5 years of economic forecasts for more than 30 economic indicators.
Cyprus GDP Chart
Source: National Statistical Service and Met the why particular calculations.
|Exchange Rate||1.16||0.65 %||Aug 07|
|Stock Market||75.4||-0.44 %||Aug 07|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.