As of 2021, Cyprus has a population of 992,400 making it the 163rd largest country in the world by this measure. There are 49.1% males and 50.9% females.

There are 488,700 people employed in Cyprus, with an unemployment rate of 5.5% – 28,300 people.


Cyprus is the 63rd largest economy in the world with a GDP of $24.5bn. Cyprus’s GDP has grown by -3% between 2010 and 2021 and is expected to grow by 14% by 2025.

As of 2021 there are 42,100 students in tertiary education in Cyprus, with 55,400 students in secondary and 57,600 in primary education. Cyprus spent 6% of its GDP on education in 2019.

Cyprus ranked 54th in the World Bank’s Doing Business Report (2020). In the 2019 report it finished 57th. In the World Economic Forum’s Global Competitiveness Report (2019), Cyprus finished 44th, after ranking 44th in 2018.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Public healthcare expenditure totalled $723m and private healthcare expenditure equalled $981.0m in 2018.