Cyprus Q2 GDP Growth Confirmed at 3.3%

2026-09-01 09:18 By Czyrill Jean Coloma 1 min. read

Cyprus’ economy grew 3.3% year-on-year in the second quarter of 2026, matching preliminary estimates and picking up from a five-year low and an upwardly revised 3.1% in the previous three-month period.

Domestic consumption growth edged up to 5.2% from 5% in Q1, as stronger household consumption (5.4% vs 5%) more than offset slower government spending (4.5% vs 5.2%).

In addition, gross fixed capital formation surged to 9.5% from 1.2%, providing a further boost to expansion.

On the external front, imports of goods and services accelerated to 12.9% in Q2 from 11%, while export growth eased to 9.6% from 13.4%.

On a quarterly basis, GDP expanded 0.8%, up from a 0.2% gain in the previous period.



News Stream
Cyprus Q2 GDP Growth Confirmed at 3.3%
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