Nicosia: The growth rate of Cyprus's economy in 2025 is estimated at 3.8% in real terms, with a percentage change in Gross Domestic Product (GDP) at current prices amounting to 4.5%. According to data released by the Statistical Service, GDP in real terms was reported at £30.52 billion and at current prices, it stood at £36.32 billion.
According to Cyprus News Agency, the positive growth rate in real terms is largely attributed to sectors such as 'Information and Communication', 'Hotels and Restaurants', 'Construction', and 'Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles'. In terms of current prices, government final consumption increased by 6.7% in October compared to 2024, totaling £6.82 billion. Private final consumption rose by 3.7% to £20.65 billion, while gross capital formation grew by 2.3% to £7.35 billion. Exports of goods and services saw an increase of 5.3%, amounting to £35.32 billion. Imports of goods and services also experienced a rise of 4.9%, reaching £34.04 billion.
In the fourth quarter of 2025, GDP growth in real terms (seasonally adjusted) was estimated at 4.5% over the corresponding quarter of 2024. The GDP for this quarter was £7.76 billion, marking a 1.4% increase compared to the previous quarter. The positive growth rate during this period is mainly credited to sectors such as 'Wholesale and Retail Trade, Repair of Motor Vehicles', 'Information and Communication', and 'Hotels and Restaurants'.