Philenews

Eurostat: Cyprus' Performance in Numbers – Good Progress in Most Areas, Energy Dependence a Concern

Published January 2, 2026, 16:15
Eurostat: Cyprus' Performance in Numbers – Good Progress in Most Areas, Energy Dependence a Concern

With Cyprus assuming the Presidency of the Council of the European Union on January 1, 2026, Eurostat presents an overview of the country's performance in various sectors. Cyprus, although small in size and population (0.2% of the EU), stands out for its high household investment rate, the highest in the EU. Cyprus' GDP per capita is lower than the European average, but its public surplus and public debt are in a better position. In terms of population, Cyprus has a lower aging rate and unemployment rate compared to the EU, while it ranks high in tertiary education completion. However, Cyprus lags behind in research and development spending and its energy dependence, which is a significant problem.