Cyprus: 2025 Article IV Consultation-Press Release; and Staff Report

International Monetary Fund

No 2025/117, IMF Staff Country Reports from International Monetary Fund

Abstract: Robust growth last year was driven by strong tourism, ICT sector expansion, and domestic consumption. And inflation decelerated despite some volatility. Activity is expected to moderate this year as consumption growth eases and exports are hit by rising trade tensions. Looking ahead, capital accumulation will become increasingly important for sustaining long-term growth, particularly as the contribution from labor begins to diminish.

Pages: 81
Date: 2025-06-02
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