Economy of Cyprus

Imports
Imports commoditiesconsumer goods, petroleum and lubricants, machinery, transport equipment
Import partnersGreece 21.6%, Israel 11.9%, Italy 8.3%, UK 7.3%, Germany 7.1%, Netherlands 6.7%, France 6%, China 4.5% (2012)
Exports
Exports commoditiescitrus, potatoes, pharmaceuticals, cement, clothing
Export partnersGreece 23%, UK 10.1% (2012)
Economy sectors
Agriculture productscitrus, vegetables, barley, grapes, olives, vegetables; poultry, pork, lamb; dairy, cheese
Industrial productstourism, food and beverage processing, cement and gypsum production, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products
Economy
Unemployment Rate (not seasonally adjusted)16.3 % (2013-11)15.3 % (2013-10)16.1 % (2013-09)16.4 % (2013-08)16.3 % (2013-07)15.7 % (2013-06)
Unemployment Rate (not seasonally adjusted) of Cyprus
Unemployment Rate (seasonally adjusted)15.3 % (2014-05)15.5 % (2014-04)15.9 % (2014-03)15.7 % (2014-02)15.7 % (2014-01)16.5 % (2013-12)16.6 % (2013-11)16.7 % (2013-10)16.6 % (2013-09)16.5 % (2013-08)16.1 % (2013-07)16.2 % (2013-06)
Unemployment Rate (seasonally adjusted) of Cyprus
Reserves of foreign exchange and gold853 Million $ (2013)1.19 Billion $ (2012)1.21 Billion $ (2011)
Reserves of foreign exchange and gold of Cyprus
Harmonized Indices of Consumer Prices-0.10 Percentage change m/m-12 (2014-05)-0.40 Percentage change m/m-12 (2014-04)-0.90 Percentage change m/m-12 (2014-03)-1.30 Percentage change m/m-12 (2014-02)-1.60 Percentage change m/m-12 (2014-01)-1.30 Percentage change m/m-12 (2013-12)-0.80 Percentage change m/m-12 (2013-11)-0.50 Percentage change m/m-12 (2013-10)0.30 Percentage change m/m-12 (2013-09)0.10 Percentage change m/m-12 (2013-08)0.70 Percentage change m/m-12 (2013-07)
Harmonized Indices of Consumer Prices of Cyprus
Inflation0.20 % (2013)2.40 % (2012)3.30 % (2011)
Inflation of Cyprus
Unemployment17.4 % (2013)11.9 % (2012)7.90 % (2011)
Unemployment of Cyprus
GDP - Official Exchange Rate21.8 Billion $ (2013)22.7 Billion $ (2012)24.9 Billion $ (2011)
GDP - Official Exchange Rate of Cyprus
GDP growth rate-8.70 % (2013)-2.40 % (2012)0.50 % (2011)
GDP growth rate of Cyprus
GDP per Capita (PPP)24,500 $ (2013)26,800 $ (2012)28,000 $ (2011)
GDP per Capita (PPP) of Cyprus
GDP - Purchasing Power Parity21.6 Billion $ (2013)23.4 Billion $ (2012)24.1 Billion $ (2011)
GDP - Purchasing Power Parity of Cyprus
GDP PPP per land area2.34 Million $ per square kilometer (2013)2.53 Million $ per square kilometer (2012)2.61 Million $ per square kilometer (2011)
GDP PPP per land area of Cyprus
ElectricityBanking
Central bank discount rate0.75 % (2013)1.50 % (2012)1.75 % (2010)
Central bank discount rate of Cyprus
Commercial bank prime lending rate7.00 % (2013)7.05 % (2012)6.80 % (2011)
Commercial bank prime lending rate of Cyprus
GDP decomposition by sector
Agriculture % of GDP2.40 % (2013)2.30 % (2012)
Industry % of GDP15.9 % (2013)15.4 % (2012)
Services % of GDP81.7 % (2013)82.3 % (2012)
Tourism
International tourism, number of arrivals2.47 Million (2012)2.39 Million (2011)2.17 Million (2010)
International tourism, number of arrivals of Cyprus
International tourism, number of departures1.03 Million (2011)1.07 Million (2010)1.02 Million (2009)
International tourism, number of departures of Cyprus
Yearly Tourist arrivals to residents ratio217 % (2012)213 % (2011)197 % (2010)
Yearly Tourist arrivals to residents ratio of Cyprus
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)113 % of GDP (2013)85.8 % of GDP (2012)71.6 % of GDP (2011)
Public debt (Percentage of GDP) of Cyprus
Current Account Balance (Percentage of GDP)-6.93 % of GDP (2012)-3.25 % of GDP (2011)-9.98 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Cyprus
Current Account Balance (Total)-358.20 Million $ (2013)-1.51 Billion $ (2012)-2.55 Billion $ (2011)
Current Account Balance (Total) of Cyprus
External Debt (Total)95.3 Billion $ (2013)104 Billion $ (2012)107 Billion $ (2011)
External Debt (Total) of Cyprus
External Debt (Percentage of GDP)437 % of GDP (2013)456 % of GDP (2012)429 % of GDP (2011)
External Debt (Percentage of GDP) of Cyprus
External Debt per Capita82,465 $ (2013)90,943 $ (2012)95,048 $ (2011)
External Debt per Capita of Cyprus