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Cyprus

 Flag of Cyprus

Last reviewed: 20 August 2009

Country information

ECONOMY

Basic economic facts as at 06/08/2009


GDP:  € 16.948,5596 mn at market prices (2008) - €15,596 mn at market prices (2007) –
Annual growth: 2% ( April 2009)  from 4.4% (2008) and 3.9% (2006,2005),  
Inflation: 0.6% (July 2009) - 4.7% (June 2008)
Major industries: tourism and financial services, food, beverages, chemicals
Major trading partners: Greece, UK, Italy, Germany, France, Israel
Exchange rate: GBP£1.00 = EUROS 1.17
US$1.00=EUROS 0.7 (August 2009)
Cyprus joined the Euro on 1 January 2008.

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