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Cyprus – Important Facts

Cyprus officially the Republic of Cyprus is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean. It is located south of Turkey, west of Syria and Lebanon, north west of Israel and Palestine, north of Egypt, and south east of Greece.

Cyprus is a member of the European Union (EU).

Cyprus services-oriented economy is extremely dependent on imports, U.S. products, technology, and brands are well-regarded in Cyprus. Cyprus has been a European Union (EU) member state since 2004 and a Eurozone member since 2008.

According to the latest International Monetary Fund estimates, its per capita GDP (adjusted for purchasing power) at $30,769 is just above the average of the European Union.

Facts: Republic of Cyprus Capital: Nicosia, Population: 1.1 million (combined), Area: 9,251 sq km (3,572 sq miles) (combined), Major languages: Greek and Turkish, Major religions: Christianity, Islam, Life expectancy: 78 years (men) and 82 years (women), Currency: euro and Turkish lira in the north.

Important Details

  • Country ISO3:CYP
  • Country Code:196
  • Income Group:Europe & Central Asia
  • Lending Category:High income
  • Region:Not Available
  • Currency Unit:Cyprus pound
  • WTO Member:YES
  • Trade organisations:European Union, Commonwealth, WTO
  • world rank:42
  • Regional Ranking:19th in Europe