Nicosia, Cyprus. The Cyprus Statistical Service (Cystat) published its 2022 Supply, Use and Input-Output tables, reporting total goods and services supplied and used in the economy at €96.66 billion. It also revised data for 2018 to 2021 to improve accuracy and consistency.
Economic tables and revisions
Cystat said the tables provide a comprehensive economic account tracking how products are produced, imported, and ultimately consumed by households and businesses. The service said figures for 2018-2021 were revised to improve accuracy and consistency.
Sector breakdown of total supply
Business services accounted for 48.4 per cent of total supply, including professional consulting, real estate, and technical services. Manufacturing products contributed 25.1 per cent, followed by distribution and transport services at 10.5 per cent.
Other services accounted for 8.4 per cent, construction works contributed 6.2 per cent, and agriculture, forestry, and fishing products made up 1.4 per cent of total supply.
Domestic production, imports, and taxes
Domestic production reached €64.38 billion, representing 66.6 per cent of total supply. Total imports were valued at €28.93 billion, accounting for 29.9 per cent of supply.
Net taxes on products, including VAT and excise duties, contributed €3.34 billion to overall supply.
Import impact on manufacturing
In manufacturing, imports accounted for 47.8 per cent of total supply in that category, according to the data.
Which sector in Cyprus’ 2022 supply figures do you think is most influenced by imports?
