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Economy

Useful information about economy issues in Cyprus



Economy

Reviewed by: Editorial Staff

Overall rating:

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Cyprus has a market economy with a dominating service sector that accounts for more than 75% of the GDP. Tourism and financial services are other important sectors of the economy. Cypriot industries include food and beverage processing, ship repair, textiles, light chemicals and metal products.

The average daily cost for a tourist in Cyprus can range anywhere between 50 CYP and 90 CYP per day. It is advisable to rent a car as the public transportation in Cyprus is quite poor.

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What travelers say

Mickie 7/26/2014 At 06:16
Limassol 4
Beware if you are in Cyprus and need medical...

Pany 7/8/2014 At 11:48
Protaras 8
Excellent Whether. wonderful beaches. Quiet place....

eleni Today at 09:30
Limassol 8
Avoid end Of July -mid Aug too hot! The rest of the...