Home  |  Economic Indicators  |  Macroeconomics  |  Main Economic Indicators

Economic Indicators


GDP growth rate 2019Q1-2023Q3

The GDP growth rate in real terms during the third quarter of 2023 is positive and it is estimated at 2.5% over the corresponding quarter of 2022. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 2.2%.

The positive GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Transport and Storage", "Wholesale and Retail Trade, Repair of Motor Vehicles", "Information and Communication", "Construction", "Arts, Entertainment and Recreation" and "Other Service Activities".

GDP Growth Rate - Growth Rate 2,5% (cystat.gov.cy)


Related Articles