Cyprus posts strongest annual GDP growth in EU, Eurostat says

Cyprus recorded the highest annual economic growth among EU member states with available data, according to figures released by Eurostat.

The country’s GDP grew by 1.4% in volume terms in the fourth quarter of 2025 compared with the previous quarter. Year‑on‑year, Cyprus posted a 4.5% increase — the strongest annual performance in the bloc.

Across the eurozone, seasonally adjusted GDP rose by 0.3% in the fourth quarter of 2025, matching the quarterly increase in the wider EU. In the previous quarter, GDP had grown by 0.3% in the eurozone and 0.4% in the EU.

On an annual basis, GDP increased by 1.3% in the eurozone and 1.5% in the EU in the fourth quarter, following rises of 1.4% and 1.6% respectively in the third quarter. For the whole of 2025, Eurostat estimates growth of 1.5% in the eurozone and 1.6% in the EU.

Employment also continued to rise. The number of people in work increased by 0.2% in both the eurozone and the EU in the fourth quarter compared with the previous three months — the same rate as in the eurozone and slightly above the 0.1% increase recorded in the EU in the third quarter.

Compared with the fourth quarter of 2024, employment rose by 0.6% in the eurozone and 0.7% in the EU. For 2025 as a whole, employment is estimated to have grown by 0.7% in the eurozone and 0.5% in the EU.

Famagusta Gazette