Economy

Imports
$14.8 billion (2021). Refined Petroleum ($2.74B), Passenger and Cargo Ships ($1.05B), Packaged Medicaments($434M), Cars ($434M), and Planes, Helicopters, and/or Spacecraft ($332M), importing mostly from Greece ($4.47B), Turkey ($1.18B), Italy ($1.12B), China ($934M), and Germany ($748M).

Financial inclusion factors (over 15 years of  age)
• 93.1% have an account with a financial institution
• 32.5% have a credit card

Ease of doing business
Very easy to conduct business (rated 73.4 out of 100). Ranked 14th out of 24 European and Central Asian countries. Ranked 54th out of 190 countries worldwide (2022, World Bank).

Exports
$5.16 billion (2021). Passenger and Cargo Ships ($928M), Refined Petroleum ($532M), Packaged Medicaments ($484M), Cheese ($349M), and Recreational Boats ($294M), exporting mostly to Greece ($744M), Lebanon ($349M), Marshall Islands ($297M), United Kingdom ($271M), and Israel ($249M).

Economic freedom
‘Mostly free’ (rated 72.3 out of 100). Ranked 12th out of 44 European countries. Ranked 18th out of 176 countries worldwide (2022, Heritage Foundation and Wall Street Journal).

Global Innovation Index
Ranked 2nd out of 19 Northern African and Western Asian countries, and 27th out of 132 worldwide.

The Global Innovation Index captures the innovation
ecosystem performance of 132 economies and tracks the most recent global innovation trends.

Media

Media language Greek, Turkish and English.

Information channels
The Cypriot media mirror the island’s political division, with the Turkish-controlled zone in the north operating its own press and broadcasters. State-run radio and TV compete with private operators, and relays of Greek and Turkish stations are on air across the island. 
Freedom of speech is generally respected and a vibrant private press often criticises the authorities, says US-based Freedom House.

The press

Cyprus Mail – English-language daily
The Cyprus Weekly – English-language
Phileleftheros – Greek-language daily
Politis – Greek-language daily
Simerini – Greek-language daily
Kibris Gazete (northern Cyprus) – Turkish-language

Television

Cyprus Broadcasting Corporation (CyBC) – public, operates CyBC1, CyBC2 and a satellite network 
ANT1 – commercial
Mega TV – commercial
Sigma TV – commercial
Bayrak Radio-TV (northern Cyprus) – operates BRT 1, BRT 2

Radio

Cyprus Broadcasting Corporation (CyBC) – public, operates Proto (in Greek), Deutero (in English, Turkish, Armenian), Trito (in Greek) and Radio Love
Radio Proto – commercial
Radio Astra – commercial
ANT1 FM – commercial
Bayrak Radio-TV (northern Cyprus) – operates Bayrak Radio 1 (in Turkish), Bayrak International (in English), Bayrak FM and Bayrak Klasik

News agency

Cyprus News Agency – “semi-governmental” news agency
TAK (northern Cyprus)

Internet Data

Internet users
90.9% penetration, 1.14 million

Share of web traffic by device
52.11% mobile phones, 46.24% computers (laptops and desktops), 1.63% tablet devices and 0.02% other devices.

Median speed of mobile Internet connection
64.26  Mbps

Median speed of fixed Internet connection
36.50 Mbps

Mobile connection as a percentage of total population: 152%

Percentage of mobile connections that are broadband (3G-5G): 96.8%

Most popular web search engines
Google (95.13%), Bing (1.94%), Yandex (1.9%) Yahoo! (0.59%), DuckDuckGo (0.27%), other (0.16%).

Most used social media
Facebook (67.91%),  Instagram (13.21%), Twitter (6.78%), Pinterest (6.14%), YouTube (4.75%), LinkedIn (0.66%), reddit (0.3%), other (0.24%).

Social statistics

Life expectancy
81 yrs (2021)

Corruption perceptions Index
Cyprus scored 52 out of 100, ranked 51st out of 180 countries worldwide.

Current health expenditure
8.09% of GDP

World Happiness Index
Cyprus ranked 41st out of 137 countries, with a score of 6.221.

CO2 emissions
5.5 metric tons per capita

Current education expenditure
97% of total expenditure in public institutions