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 2014 to 2023.

Cyprus Industry Data

2018 2019 2020 2021 2022
Industrial Production (ann. var. %) 7.4 4.4 -7.3 6.4 1.2

Industrial output growth rises in November

Industrial output increased 4.0% year on year in calendar-adjusted terms in November, which was above October's 2.6% increase. November's improvement was largely driven by upturns in manufacturing and electricity, gas, steam and air conditioning supply production. Meanwhile, annual average industrial output growth rose to 1.9% in November (October: +1.7%), which marked an over one-year high. On a monthly basis, factory output increased 1.8% in seasonally adjusted terms in November, rebounding from October’s 1.0% fall and marking the best result since April.

Latest Global Industrial production News

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