Cliff on the ocean in Cyprus

Cyprus GDP Q3 2019

Cyprus: Growth gathers pace in Q3

Annual growth picked up to 3.2% in the third quarter from 3.0% in the previous quarter, which had marked the slowest expansion since Q1 2015.

According to the preliminary release by the Statistical Service of Cyprus (CYSTAT), the third-quarter upturn was mainly supported by the following sectors: hotels and restaurants; retail and wholesale trade; construction; manufacturing; professional, scientific and technical activities; and administrative and support service activities.

In seasonally- and working-day-adjusted terms, the economy grew 0.7% quarter-on-quarter in Q3, matching Q2’s outturn.

More detailed national accounts data will be released on 9 December.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest