The GDP growth rate in real terms for the first quarter of 2026 is estimated at 3.0%, driven mainly by wholesale and retail trade, information and communication, and financial activities.
The Gross Domestic Product (GDP) in real terms, seasonally adjusted, increased by 3.0% in the first quarter of 2026 compared to the same quarter of 2025.
The positive growth is mainly attributed to sectors: “Wholesale and Retail Trade, Repair of Motor Vehicles,” “Information and Communication,” and “Financial and Insurance Activities.”
Table 1 provides detailed data on GDP in real terms across various economic activities, with the total GDP amounting to €7,798.1 million in Q1 2026.
In terms of expenditure, final consumption expenditure was €5,926.9 million, with household and NPISH consumption at €4,639.2 million. Gross fixed capital formation was €1,488.2 million, and imports and exports of goods and services were €8,180.5 million and €8,683.4 million respectively.
The quarterly national accounts are compiled using an indirect approach based on short-term indicators, with data transmitted to Eurostat two months after the reference quarter. The estimates follow the European System of Accounts (ESA 2010) standards.
For further information, visit the CYSTAT portal or contact Ms. Maria Constantinou at 22602226 or mconstantinou@cystat.mof.gov.cy.
