Cyprus Q3 GDP Steady at 3.6%

The Cyprus economy expanded by 3.6% year-on-year in the third quarter of 2025, confirming flash estimates and the same pace as in the previous three-month period. On the production side, positive contributions came from several sectors, including agriculture, forestry, and fishing (0.8% vs 0.6% in Q2), manufacturing (2.4% vs 1.7%), wholesale and retail trade (6.5% vs 6%), and information and communications (8.4% vs 6.2%). On the expenditure side, growth accelerated for household consumption (5.4% vs 2.8%), while it slowed sharply for government spending (2.5% vs 12.1%). Additionally, gross fixed capital formation declined (-2.6% vs 17.7%) and net trade contributed negatively, as exports rose (6.7% vs 5.5%) less than imports (8% vs 6.8%). On a quarterly basis, the GDP advanced by 0.9% in Q3, following a 0.7% growth in the preceding period.

The economy of Cyprus expanded by 3.6% year-on-year in the third quarter of 2025, unchanged from an upwardly revised figure in the previous three-month period, flash estimates showed. The growth was supported by positive contributions from several key sectors, including wholesale and retail trade, repair of motor vehicles, information and communication, as well as hotels and restaurants. On a quarterly basis, the country’s GDP grew by 0.9% in the third quarter of 2025, accelerating from an upwardly revised 0.7% expansion recorded in the preceding quarter.

The economy of Cyprus expanded by 3.3% year-on-year in the second quarter of 2025, confirming flash estimates and slightly above the 3.1% growth recorded in the previous three-month period. This marked the strongest economic expansion since the third quarter of 2024, mainly driven by positive contributions from wholesale and retail trade, repair of motor vehicles (6% vs 3.9% in Q1), information and communication (6.2% vs 5.3%), and professional, scientific and technical activities (3.1% vs 2.2%). Meanwhile, net trade contributed negatively to the GDP, with imports (6.8%) rising more than exports (4.5%). On a quarterly basis, GDP advanced by 0.5% in Q2, slowing from a 1.3% gain in the preceding period.