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Macro - Country Economic Forecasts - Cyprus

Publisher Oxford Economics
Published Feb 25, 2025
Length 6 Pages
SKU # OFE19846940

Description

We've cut our 2025 GDP growth forecast for Cyprus by 0.3ppts to 2.4%, though this is still one of the fastest rates of expansion we project in the Eurozone this year. The downgrade was prompted by a soft end to 2024 and the likely start of a trade war with the US.

Table of Contents

6 Pages
Cyprus: Global tensions will hurt growth, but not derail it
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Politics
Policy
How Do Licenses Work?
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