Cyprus

Europe · Euro (EUR) · 1.4 million people

Inflation

2.9%

▼ 0.1 pt since June · Jul 2026

ECB policy rate

2.25%

No change since Jun 2026 · euro area

GDP per person

US$41,783

2025

Inflation and the ECB policy rate

Inflation was 2.9% in Jul 2026, down from 3.1% in June. The ECB policy rate has been 2.25% since Jun 2026.

Monthly, consumer prices year on year. The ECB rate applies to Cyprus from euro adoption in 2008.

Exchange rates

Closing rates on 6 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2026

€1,088 a month

about US$1,223

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$64,600

Population

2025

1.4 million

▲ 0.9% vs 2024

Sources and method

Figures from the IMF, the Bank for International Settlements, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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Cyprus: inflation, interest rates and exchange rates · World Price Index