In a written statement, the Minister of Finance expressed his satisfaction with the course of the Cypriot economy, as according to the preliminary estimate of the Statistical Service published today, the economic growth rate for the 3rd quarter of 2025 is estimated at 3,6% compared to the corresponding quarter of 2024 and at 0,9% compared to the previous quarter.
According to the corresponding data from the European Statistical Office (Eurostat), Cyprus' growth rate of 3,6% for the 3rd quarter of 2025 is significantly higher than the European average, which is 1,4% and 1,6%, for the Eurozone and the EU respectively.
For the first nine months of 2025, the economic growth rate is estimated at 3,5%, which compares favorably with the Ministry of Finance's forecast for 2025, which was conservatively estimated at 3,2%.
These figures confirm the dynamics of the Cypriot economy, which in a period of increased uncertainty, mainly due to geopolitical developments, continues to record high growth rates, combined with zero inflation and full employment conditions.
The maintenance of a prudent and disciplined fiscal policy and economic management by the Government, combined with the implementation of the National Recovery and Resilience Plan (NRRP), will contribute to the resilience of the Cypriot economy so that Cyprus, as a small and open economy, continues to record high growth rates, he concluded.
