S&P World Country Profile
Country Information
Population: Language
1 Greek
Turkish
English
Official Currency: Calling Code:
Euro (EUR) 357
Country Capital: Internet Suffix:
Nicosia .cy
Cyprus
A former British colony, Cyprus became independent in 1960 following years of resistance to British rule. Cyprus is the third-largest Mediterranean island and one of the most popular tourist destinations, attracting over 2.4 million tourists per year. The area of the Republic of Cyprus under government control has a market economy dominated by the service sector, which accounts for 76% of GDP. Tourism and financial services are the most important sectors; erratic growth rates over the past decade reflect the economy's reliance on tourism, which often fluctuates with political instability in the region and economic conditions in Western Europe. Nevertheless, the economy in the area under government control grew a healthy 3.7% to 3.8% per year in 2004, 2005, and 2006, well above the EU average. The Turkish Cypriot economy grew around 10.6% in 2006, fueled by growth in the construction and education sectors, as well as increased employment of Turkish Cypriots in the area under government control. The Turkish Cypriots are heavily dependent on transfers from the Turkish Government. Ankara directly finances around one-third of the "TRNC's" budget. Aid from Turkey has reached over $400 million annually in recent years.
Exchanges & Key Indices
Index Name/Business Description
CSE GENERAL
FTSE/CySE20
FTSE Med 100
Demographics
Population
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Cyprus
0.00%
Region
0.19%
World
0.17%
Cyprus
35.3
Region
39.2
World
32.4
Cyprus
78.2
Region
77.2
World
73.0
Cyprus
1.8
Region
1.5
World
2.1
Cyprus
0.0
Region
181.0
World
181.0
Consumer Statistics (All values in USD)
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Cyprus
$0.00
Region
$38,813.33
World
$20,757.06
Cyprus
$7.08
Region
$8.17
World
$5.90
Cyprus
$1.75
Region
$1.54
World
$1.56
Cyprus
$11.90
Region
$11.61
World
$9.30
Economic Outlook
Rates & Estimates (All values in USD)
Imports & Exports (All values in USD)
Companies Within Region
Browse Companies within Cyprus
Find Companies from A-Z
Company Name
A. Zorpas & Sons Ltd.
A. Zorpas & Sons Public, Ltd. primarily engages in the production and sale of bakery products, pastries, confections, and take away home cooked food i...
A.Panayides Contracting Ltd.
A.Panayides Contracting, Ltd. operates as a construction and civil engineering contractor in Cyprus. It primarily involves in contracting, and land an...
Actibond Growth Fund Public Co. Ltd.
ADHP Holdings Public Company Ltd
ADHP Holdings Public Company, Ltd. engages in the retail and wholesale of diamonds, jewelleries, precious stones, and watches in Europe. It offers 18K...
Advantage Capital Holdings Plc
MFS Holdings Public Company, Ltd. provides financial services in Cyprus. It has operations in life insurance, general insurance, bancassurance, broker...
Advantest Public Limited
AFI Development PLC
AFI Development PLC, a real estate company, develops properties in Russia. It develops offices, shopping centres, hotels, mixed-use properties, apartm...
Agros Development "Proodos" Public Ltd.
Agros Development "Proodos" Public Ltd. was formerly known as Agros Development Company Limited. Agros Development "Proodos" Public Ltd. owns and oper...
Agroton Public Limited
Agroton Public Limited operates as an integrated agricultural production company in Ukraine. It produces crops, primarily sunflower seeds and wheat, a...
Aiantas Investments Public Ltd.
Showing 1 - 10 of 147
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