Snapshot Profile of Cyprus

• Full name: Republic of Cyprus

• Population: 788,457 (* ’07 est)

• Administrative capital: Nicosia

• Timezone: GMT + 2 hours

• Area: 9,250 sq km (1/3 or 3,355 sq km in Northern Turkish sector)

• Sunshine: c.300 days a year, Mediterranean climate

• Coastline: 648km

• Main religions: 78% Greek Orthodox, 18% Muslim, 4% other (includes Maronite, Armenian, Apostolic)

• Languages: Greek, English, Turkish

• Admin divisions: 6 districts; Famagusta, Kyrenia, Larnaca, Limassol, Nicosia, Paphos. Turkish Cypriot area's administrative divisions include Kyrenia, all but a small part of Famagusta, and small parts of Lefkosia (Nicosia) and Larnaca

• Internet domain: .cy

• International dialling code: +357

• GDP: $20.51bn (* ’07)
  

• Economic growth: 4.4%**

• Labour force: 377,400*

• Unemployment: 3.8%*

• Inflation: 4.6% **

• FDI: $735m ***

• Average wage: €1,920 p.a. (£1,608 mth)#

• Monetary unit: Euro (formerly Cyprus Pound/CYP)

• Main export: clothing, agricultural produce, cigarettes, pharmaceuticals

• Member of EU: Since 1.5.2004

For a fuller overview of Cyprus’ go to STEP country profile to give you more in-depth information of the Social, Technological, Economic and Political profile for the country.

To give you more background as to why you might consider investing in Cyprus, go to the Why Invest section, or maybe look at the individual towns and cities profiled in each country's Towns section.

Sources: *CIA World Factbook, ** Staitstical Service of Republic of Cyprus, ***IMF, # EIRO Europe, Eurostat ’07, AEAF, WTTC report Accenture ‘07, BBC.co.uk,

www.visitcyprus.org.cy