Cliff on the ocean in Cyprus

Cyprus Industry

Cyprus Industry

Industrial Production in Cyprus

Cyprus recorded average industrial production growth of 2.1% in the decade to 2022, above the 1.1% average for the Euro Area. In 2022, industrial production growth was 1.2%. For more industry information, visit our dedicated page.

Cyprus Industry Chart

Note: This chart displays Industrial Production (annual variation in %) for Cyprus from 2013 to 2022.
Source: EUROSTAT.

Cyprus Industry Data

2018 2019 2020 2021 2022
Industrial Production (ann. var. %) 7.4 4.4 -7.3 6.4 1.1

Industrial output posts quickest growth since May 2022 in August

Industrial output expanded 2.9% year on year in calendar-adjusted terms in August, which was above July's 1.2% increase. The figure marked the best reading since May 2022. August's acceleration was primarily due to upturns in manufacturing and electricity, gas, steam and air conditioning supply production. Meanwhile, the trend improved, with the annual average variation of industrial production coming in at minus 0.1%, up from July's minus 0.5% reading. On a monthly basis, industrial output increased 0.2% in seasonally adjusted terms in August, which was below July’s 0.5% expansion.

Latest Global Industrial production News

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