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Cyprus: 2025 Article IV Consultation-Press Release; and Staff Report

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  • International Monetary Fund

Abstract

Robust growth last year was driven by strong tourism, ICT sector expansion, and domestic consumption. And inflation decelerated despite some volatility. Activity is expected to moderate this year as consumption growth eases and exports are hit by rising trade tensions. Looking ahead, capital accumulation will become increasingly important for sustaining long-term growth, particularly as the contribution from labor begins to diminish.

Suggested Citation

  • International Monetary Fund, 2025. "Cyprus: 2025 Article IV Consultation-Press Release; and Staff Report," IMF Staff Country Reports 2025/117, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2025/117
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