Cyprus’s GDP grew by 3.3% in real terms in the second quarter of 2026, seasonally adjusted, driven by sectors including trade, communication, finance, and construction.
The Gross Domestic Product (GDP) in real terms, seasonally adjusted, increased by 3.3% in the second quarter of 2026 compared to the same quarter of 2025.
The growth is mainly attributed to sectors such as Wholesale and Retail Trade, Repair of Motor Vehicles, Information and Communication, Financial and Insurance Activities, and Construction.
Table 1 presents GDP data by economic activity, showing increases across various sectors, with notable contributions from trade, communication, finance, and construction.
In terms of expenditure, GDP growth was supported by increases in Final Consumption Expenditure and Gross Fixed Capital Formation. Imports and exports also contributed, with imports rising by 3.3% and exports decreasing by 2.7% compared to the previous quarter.
The data is compiled using the production and expenditure approaches, following European System of Accounts (ESA 2010) standards. The estimates incorporate short-term indicators, administrative data, employment figures, and price indices. The quarterly national accounts are updated 110 days after the end of each quarter.
For more information, visit the CYSTAT Portal.
