Industry in Cyprus

Cyprus Industry | Economic News & Forecasts

Cyprus - Industry

A revised estimate shows that annual growth remained stable at 3.8% in Q4 2018, as solid private consumption and surging public spending offset a downturn in highly volatile fixed investment. Data for Q1 2019, meanwhile, suggests growth will moderate somewhat. Although the unemployment rate fell further in January and tourist numbers continued to grow solidly in January-February, both business and consumer confidence deteriorated on average in the first two months of 2019. In other news, a recent report from the European Commission warned that the banking sector’s balance sheets and stock of non-performing loans remain concerning, despite recent improvements, which leaves the sector vulnerable to economic or financial shocks.

Cyprus - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-13.4  -0.1  3.4  8.7  9.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Cyprus Industry Chart

Cyprus Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Service and FocusEconomics calculations.

Cyprus Facts

Exchange Rate1.130.65 %Apr 12
Stock Market70.2-0.44 %Apr 12

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a 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.

Sign Up

Economic News

    Search form