Cyprus Main Economic Indicators

Main Economic Indicators (a)

2009

2010

2011

2012

Population ('000)

819.1

840

862.0

877

Nominal GDP ( mn)

16,853

17,406

17,979

17,887

GDP per capita ()

20,576

20,726

20,858

20,404

Real GDP growth (%)

-1.9

1.3

0.5

-2.4

Inflation rate (%)

0.3

2.4

3.3

2.4

Budget balance, accruals basis (%

0.9
of GDP)

-5.3

-6.3

-5.1

Public debt (% of GDP)

58.5

61.3

71.1

85.6

Current -account balance (% of

GDP)

-10.7

-9.8

-4.7

-11.7

Tourism arrivals

2,141,193 2,172,998 2,392,313

2,464,903

Exports of goods ( mn)

1,001

1,137

1,411

1,439

Imports of goods ( mn)

-5,293

-5,801

-5,760

-5,291

Trade balance ( mn)

-4,292

-4,664

-4,349

-3,853

Exports of services ( mn)

5,779

6,049

6,262

6,168

Travel

1,561

1,614

1,846

2,024

Transport

1,541

1,447

1,509

1,463

Financial services

807

820

659

505

"Other" business services

1,423

1,808

1,921

1,906

Imports of services ( mn)

-2,416

-2,467

-2,676

-2,765

Services balance ( mn)

3,363

3,583

3,585

3,404

578

987

660

of which:

Inward foreign direct investment

2,499
( mn)