Shipping to Cyprus - Air and Sea Freight Services

Economy of Cyprus
Magnificent Nicosia skylines by night Republic of Cyprus.jpg
Nicosia is the island's financial hub
Rank 91st (nominal)[1]
109th (PPP)[2]
Currency Euro since 1 January 2008
Fiscal year Calendar year
Trade organisations EU, Commonwealth, WTO
Statistics
GDP $24.949 billion (nominal, 2011 est.)[3]
$23.728 billion (PPP, 2011 est.)[3]
GDP growth −2.1% (Q3 2012 compared with Q3 2011)[4]
GDP per capita $30,571 (nominal, 2011 est.)[3]
$29,074 (PPP, 2011 est.)[3]
GDP by sector agriculture 2.3%, industry 16.4%, services 81.2% (2011 est.)
Inflation (CPI) 1.1% (December 2012)[5]
Population
below poverty line
23.5% (0.2 million) at risk of poverty or social exclusion (2011)[6]
Gini coefficient 29 (2005)
Labour force 414,100 (2011 est.)
Labour force
by occupation
agriculture 8.5%, industry 20.5%, services 71% (2006 est.)
Unemployment 14% (November 2012)[7]
Average gross salary €1,953 / $2,636, monthly (2006)[8]
Average net salary €1,656 / $2,235, monthly (2006)[8]
Main industries tourism, food and beverage processing, cement and gypsum production, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products
Ease of Doing Business Rank 36th[9]
External
Exports $1.957 billion (2011 est.)
Export goods citrus, potatoes, pharmaceuticals, cement, clothing
Main export partners Greece 27.4%, UK 10.2%, Germany 5.5% (2011)
Imports $8 billion (2011 est.)
Import goods consumer goods, petroleum and lubricants, machinery, transport equipment
Main import partners Greece 21.7%, Israel 10.4%, UK 9%, Italy 8.3%, Germany 8.3%, France 5.7%, China 4.8%, Netherlands 4.6% (2011)
Public finances
Public debt €14.939 billion (83.3% of GDP; Q2 2012 est.)[10]
Budget deficit €1.132 billion (6.3% of GDP; 2011 est.)[11]
Revenues 39.8% of GDP (2011 est.)[11]
Expenses 46.1% of GDP (2011 est.)[11]
Foreign reserves $1.258 billion (September 2012)[16]
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars