Eurostat has issued information and statistics about Cyprus, as Nicosia takes over the Presidency of the Council of the European Union from 1 January, 2026.
According to the latest Eurostat data, with an area and population representing just 0.2% of the EU, Cyprus excels in household investment, which is the highest in the European Union. The country’s GDP per capita stands at €35,730, compared to the EU average of €39,940. Cyprus boasts a public surplus of 4.1% of GDP, while the EU average is -3.1%. Additionally, its public debt is lower than the European average, at 62.8% compared to 80.7%.
In terms of employment, Cyprus outperforms with employment rates of 75% for women and 85% for men, both higher than the EU averages of 70.8% and 80.8%, respectively. The country also ranks third in the EU for the percentage of the population aged 30-34 who have completed tertiary education, with 64.4% achieving this milestone. For women, this figure rises to 72.9%, compared to the EU average of 50.2%.
Regarding the environment, there was a 50.9% increase of greenhouse gas emissions since 1990, surpassing the EU average reduction of -35.5%. However, the country’s energy dependence remains high at 92.2%, compared to the EU average of 58.3%, while the share of renewable energy sources in final energy consumption is 20.2%, below the EU average of 24.6%.
On the social front, Cyprus has a lower unemployment rate than the EU average (4.9% compared to 5.9%), and the risk of poverty or social exclusion is also lower (17.1% compared to 21%).
Cyprus presents however a low weighting of manufacturing in its economy (4.5% of GDP compared to 14.3% in the EU).
The Eurostat data paints a picture of a country, offering a comprehensive view of its potential and the challenges it faces.
(Source: CNA)
