Recent data from the University of Cyprus shows good economic growth in Cyprus. These signs from November 2025 suggest the economy is strong. However, problems in global politics and energy markets need careful attention.
The main economic index grew by 1.8% last year. This was because of many tourists and good sales in shops. Lower oil prices also helped. Electricity production was slightly lower, but this was a small issue.
The overall feeling about the economy stayed almost the same. Confidence grew in shops, building, and factories. Consumers also felt more positive. However, the important services industry felt less confident. Thankfully, uncertainty about the future has decreased.
The government plans to reduce national debt. It is expected to be 55.3% of the country's total output by the end of 2025. More reduction is planned for 2026. The Finance Minister said that global political problems could cause issues.
The state-owned electricity company, EAC, made more profit. This was partly because they spent less on pollution costs. EAC will invest this money in improving its network. The company chairman said electricity prices will not increase soon.
Despite good economic news, many families still struggle with high energy costs. In 2023, 17.5% of households faced energy poverty. This number went up from the year before. Cyprus's economy is stable and getting better. But it must watch for problems from outside. Investments are planned for a better energy future.