Announcement by the Cyprus Statistical Service – GDP Growth Rate
GDP growth rate in real terms during the first quarter of 2025 is positive and it is estimated at 3,0% over the corresponding quarter of 2024. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3,0%.
The positive GDP growth rate is mainly attributed to the sectors: “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Information and Communication”, “Construction” and “Hotels and Restaurants”.
