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    Key facts and figures about the country, geography, people, government and economy plus 2016 public holidays.

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    Country

    Official Name:  Republic of Cyprus
    Capital: Nicosia (Lefkosia)
    European Union:  Member since 1st May 2004
    National Holiday:  1st October – Independence Day
    Time:  +2 hours GMT (three hours ahead in Summer)
    Measures:  Metric system
     

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    Geography

    Location:  Cyprus is located in the extreme northeast corner of the Mediterranean, at the crossroads of Europe, Asia and Africa. The island lies 71 km south of Turkey, 105 km west of Syria, and some 800 km east of Greece.
    Structure:  The third largest island in the Mediterranean Sea (after Sicily and Sardinia), Cyprus measures 240 km latitudinally and 100 km longitudinally. The island has a central plain with mountains to the north and south and scattered plains along the southern coast. Cyprus has 648 km of coastline.
    Area:   9,251 sq km (3,355 sq km are in the occupied area).
    Climate:  Mediterranean climate, with long, warm, dry summers from May to October and mild winters with occasional rain, lasting from December to February.
    Average summer temperature: 34°C
    Average winter temparature: 13°C
    All year round mean temperature: 23°C

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    People

    Population:  865,900 (Republic of Cyprus, December 2012)
    Population by District:

    Capital: Nicosia (Lefkosia)  
    336,900
    Limassol (Lemesos)
    241,900
    Larnaca (Larnaka)                
    147,200
    Paphos (Pafos)                       
    92,000
    Famagusta (Ammochostos)
    47,900

    Nationality:  Cypriot
    Descendants:  Greek Cypriots trace their origins to the descendants of the Achaean Greeks and later the Mycenaean Greeks. Turkish Cypriots are descendants of the Ottoman settlers.
    Religions:  Greek Orthodox 78%, Muslim 18%, other (includes Maronite and Armenian Apostolic) 4%
    Ethnic Composition: Greek Cypriot Community 71,8%, Turkish Cypriot Community 9,5%, Foreign Residents 18,7% (data refers to the whole island, end of 2011).
    Languages:  Greek (official), Turkish (official), English is also widely spoken
    Literacy:  97.6%
    Median Age:  34.8 years
    Life Expectancy:  80.9 years
    Population Growth:  0.5% (2012 est.)
    International membership: European Union, United Nations, Council of Europe, Commonwealth, World Bank and International Monetary Fund.

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    Government

    Form of State: Presidential Republic
    Head of State: Nicos Anastasiades 
    Suffrage:  Universal, 18 years
    National Legislature: Based on adult suffrage. Government elected every five years
    Elections: Last held February 2013. Held every five years
    Legal System: The Cypriot legal system is based on English common law, with civil modifications
    Juridical Branch: The Supreme Court of the Republic, The Assize Courts and District Courts

     

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    Economic Overview

    Total GDP at Market Prices (euro): 17.8 billion (estimate for 2014 at 16.5 billion)
    GDP per Capita (euro): 20,605
    Real GDP Growth: -2.3% (estimate for 2014 at -5.4%)

    GDP by Sector:

    Primary sectors: 2.5%
    Secondary sectors: 15.2%
    Tertiary sectors: 72.9%
    VAT and import duties: 9.5%

    Economic Sectors: Tourism, financial services, real estate, shipping, industry
    Inflation: 2.4%
    Public Debt as a Percentage of GDP: 71.6%
    Fiscal Deficit as a Percentage of GDP: 6.3%
    Labour Force: 376,000
    Labour Costs: 116.64 index points (est. November 2013)
    Unemployment: 16.7% (February 2014)
    Currency: euro
    Main Trading Partners: UK, Greece, Germany, Italy, Israel, France, China
    Trade: euro
    Exports (euro): 1.406 billion
    Imports (euro): 6.261 billion 
    Trade Balance (euro): - 4.85 billion
    No. of Tourist Arrivals: 2.40 million
    Sovereign Rating: BB  (Standard & Poor’s September 2016)
    Fiscal Year: Calendar year

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    Public Holidays

    2016 Public Holidays

    1
    January
    New Year's Day
    6
    January
    Epiphany
    14
    February
    Green Monday / Shrove Monday
    25
    March
    Greek Independence Day
    1
    April
    Greek Cypriot National Day (EOKA)
    29 April Greek Orthodox Good Friday
    2 May Greek Orthodox Easter Monday
    20 June Pentecost (Kataklysmos)
    15
    August
    Assumption of the Virgin Mary
    1
    October
    Cyprus Independence Day
    28
    October
    Greek National Day (Ochi Day)
    24-25
    December
    Christmas
    26 December Boxing Day / Glorifying Mother of God

     

    Updated July 2016

    Cooperation Partners
    • Logo for Ministry of Energy, Commerce, Industry and Tourism
    • Logo for Cyprus Chamber of Commerce and Industry
    • Logo for Invest Cyprus
    • Logo for Cyprus In Your Heart
    • Logo for CFA Cyprus
    • Logo for Cyprus International Businesses Association
    • Logo for Cyprus Shipping Chamber
    • Logo for Cyprus Investment Funds Association
    • Logo for Association of Cyprus Banks