Cliff on the ocean in Cyprus

Cyprus GDP Q2 2019

Cyprus: Growth softens to near four-year low in Q2

Annual growth moderated to 3.0% in the second quarter, marking the slowest pace since Q3 2015 (Q1 2019: +3.2% year-on-year).

According to the preliminary release by the Statistical Service of Cyprus (CYSTAT), the second-quarter expansion was mainly supported by the following sectors: construction; information and communication; professional, scientific and technical activities; administrative and support service activities; and arts, entertainment and recreation.

In seasonally- and working-day-adjusted terms, the economy expanded 0.7% quarter-on-quarter in Q2, matching Q1’s outturn.

More detailed national accounts data will be released on 6 September.

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