Story perspectives

Cyprus Achieves Impressive 3.3% GDP Growth in Q2 2025

9/8/2025

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Summary

Story summary

Cyprus recorded a 3.3% GDP growth in Q2 2025, ranking third in the EU after Ireland and Bulgaria.
GDP rose by 0.5% from the previous quarter, while the euro area and EU grew by 0.1% and 0.2%.
Employment increased by 1.8% year-on-year, totaling 508,291, with 455,484 classified as employees.
The unemployment rate fell to 4.3%, down from 4.6% last year, with 22,663 unemployed.
The labor force participation rate improved to 65.4%, up from 64.5% the previous year.
Growth was strongest in the information technology, trade, and accommodation sectors.

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Story summary

Cyprus recorded a 3.3% GDP growth in Q2 2025, ranking third in the EU after Ireland and Bulgaria.
GDP rose by 0.5% from the previous quarter, while the euro area and EU grew by 0.1% and 0.2%.
Employment increased by 1.8% year-on-year, totaling 508,291, with 455,484 classified as employees.
The unemployment rate fell to 4.3%, down from 4.6% last year, with 22,663 unemployed.
The labor force participation rate improved to 65.4%, up from 64.5% the previous year.
Growth was strongest in the information technology, trade, and accommodation sectors.