Cyprus economy grows 3.3% year on year in second quarter of 2026
Cyprus’ seasonally and working-day adjusted GDP reached €7.87 billion between April and June, up 0.8% from the previous quarter.
Nicosia, Cyprus. Cyprus’ economy expanded by 3.3 per cent in real terms year on year in the second quarter of 2026, according to the Cyprus Statistical Service (Cystat). Seasonally and working-day adjusted gross domestic product reached €7.87 billion between April and June, rising by 0.8 per cent from the first quarter.
Sector performance
The expansion was mainly supported by stronger activity in wholesale and retail trade, vehicle repairs, information and communication, financial services and construction.
Construction recorded the fastest annual growth among the main sectors, increasing by 5.4 per cent to €379.10 million.
Information and communication grew by 4.5 per cent year on year to €931.00 million, while financial and insurance activities increased by 3.9 per cent to €634.10 million.
Largest contributor
The broad trade, transport, accommodation and food services sector remained the largest contributor to GDP, rising by 1.4 per cent to €1.61 billion.
Mining, manufacturing and utilities expanded by 2.8 per cent to €462.30 million, while manufacturing alone grew by 0.8 per cent to €331.70 million.
Real estate activities increased by 2.1 per cent to €690.00 million, and professional and technical services rose by 2.6 per cent to €684.40 million.
Other sectors
Public administration, education and health expanded by 1.1 per cent to €1.21 billion. Arts, entertainment and recreation increased by 1.6 per cent to €249.20 million.
Agriculture, forestry and fishing recorded the weakest expansion among the sectors, growing by 0.5 per cent to €83.90 million.
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