Cyprus

Official Name:

Republic of Cyprus (Cyprus)

Area:

9.250 km ²

Population (2007):

788.457 inhabitants

Coastline:

648 km

Capital:

Nicosia (Lefkosia)

Maritime Ports and terminals:

area under government control: Larnaca, Limassol, Vasilikos; area administered by Turkish Cypriots: Famagusta, Kyrenia

Maritime claims:

• Territorial sea: 12 nm
• Contiguous zone: 24 nm
• Continental shelf: 200-m depth or to the depth of exploitation

Political divisions:

6 districts; Famagusta, Kyrenia, Larnaca, Limassol, Nicosia, Paphos; note - Turkish Cypriot area's administrative divisions include Kyrenia, all but a small part of Famagusta, and small parts of Lefkosia (Nicosia) and Larnaca

Language(s):

Greek, Turkish, English

National holiday:

Independence Day, 1 October (1960); Note - Turkish Cypriots celebrate 15 November (1983) as Independence Day

Nationality:

Cypriot(s)

Official time:

UTC 2. Daylight saving time: 1hr, begins last Sunday in March; ends last Sunday in October

Member of:

Australia Group, C, CE, EBRD, EIB, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, IDA, IFAD, IFC, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, ITUC, MIGA, NSG, OAS (observer), OIF, OPCW, OSCE, PCA, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO

Internet country code:

.cy

Economic Profile

Currency:

Area under government control: Cypriot pound (CYP) Area administered by Turkish Cypriots: Turkish New lira (YTL)

GDP - per capita (PPP):

Area under government control: USD 23.000 Area administered by Turkish Cypriots: USD7.135 (2006 est.)

GDP (official exchange rate):

(2006 est.) Area under government control: USD16.370.000.000

PIB (Real growth rate:

Area under government control: 3,8% Area administered by Turkish Cypriots: 10,6% (2006 est.)

GDP (Composition by sector): (2006 est.)

• Area under government control (2005 est.)
• Agriculture 3,7%
• Industry: 19,6%
• Services: 76,8%
• Area administered by Turkish Cypriots (2003 est.)
• Agriculture 10,6%
• Industry: 20,5%
• Services: 68,9%

Labor force:

Area under government control: 380.000 (2006 est.)

Area administered by Turkish Cypriots: 95.025 (2006 est.)<</dd>

Labor force - by occupation (2004):

• Area under government control
• Agriculture 7,4%
• Industry: 38,2%
• Services 54,4%

• Area administered by Turkish Cypriots (2004)

• Agriculture 14,5%
• Industry: 29%
• Services 56,5%

Unemployment rate:

Area under government control: 5,5% (2005 est.)

Area administered by Turkish Cypriots:US 5,6% (2004 est.)

Inflation rate (Consumer prices):

Area under government control:US 2,8% (2005 est.)

Area administered by Turkish Cypriots: 9,1% (2004 est.)

Investment (Gross Fixed):

Area under government control:US 21,2% del PIB (2006 est.)

Budget:

• Area under government control: Revenues: USD7.395.000.000.000
• Expenditures: USD7.695.000.000

Public debt:

Area under government control 64,8% of GDP(2006)

Current account balance:

Area under government control USD -1.051.000.000 (2006 est.)

Exports:

Area under government control USD 1.340.000.000 FOB (2006 est.)

Area administered by Turkish Cypriots: USD 68.100.000 FOB (2006 est.)

Exports - Commodities:

Citrus, potatoes, pharmaceuticals, cement, clothing and cigarettes

Exports - Partners:

France 17,7%, UK 17%, Greece 12,2%, Germany 5,7% (2005)

Imports:

Area under government control: USD 5.800.000.000. FOB (2006 est.)

Area administered by Turkish Cypriots: USD 1.200.000.000 FOB (2006 est.)

Imports - Commodities:

Consumer goods, petroleum and lubricants, intermediate goods, machinery, transport equipment

Imports - partners:

Greece 17,3%, Italy 10,3%, UK 9%, Germany 8,4%, Israel 7,1% (2005)

Reserves of foreign exchange and gold:

Area under government control: USD 4.613.000.000 (2006 est.)

Area administered by Turkish Cypriots: USD ND (2006 est.)

Debt - external:

Area under government control: USD 12.630.000.000 (2006)

Area administered by Turkish Cypriots: USD ND (2006)