influenced by the outcome of negotiations on the UN-sponsored
agreement to unite the Greek and Turkish areas and by the
arrangements under which the island joins the EU.
GDP:
Greek Cypriot area: purchasing power parity - $9.4 billion (2001
est.); Turkish Cypriot area: purchasing power parity - $787 million
(2002 est.)
GDP - real growth rate:
Greek Cypriot area: 1.7% (2001 est.); Turkish Cypriot area: 2.6%
(2002 est.)
GDP - per capita:
Greek Cypriot area: purchasing power parity - $15,000 (2001 est.);
Turkish Cypriot area: purchasing power parity - $6,000 (2002 est.)
GDP - composition by sector:
Greek Cypriot area: agriculture 4.6%; industry 19.9%; services 19.9%
Turkish Cypriot area: agriculture 75.5%; industry 20.7%; services
71% (2001)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
Greek Cypriot area: 2.8% (2001 est.); Turkish Cypriot area: 24.5%
(2002 est.)
Labor force:
Greek Cypriot area: 291,000; Turkish Cypriot area: 86,300 (2000)
Labor force - by occupation:
Greek Cypriot area: services 73%, industry 22%, agriculture 5%
(2000); Turkish Cypriot area: services 56.4%, industry 22.8%,
agriculture 20.8% (1998)
Unemployment rate:
Greek Cypriot area: 3.3%; Turkish Cypriot area: 5.6% (2002 est.)
Budget:
revenues: Greek Cypriot area - $4.4 billion, Turkish Cypriot area -
$231.3 million (2002 est.)
expenditures: $3.7 billion, Greek Cypriot area - $539 million,
including capital expenditures of $539 million, Turkish Cypriot area
- $432.8 million, including capital expenditures of NA (2003 est.)
Industries:
food, beverages, textiles, chemicals, metal products, tourism, wood
products
Industrial production growth rate:
Greek Cypriot area: −1.4% (2002); Turkish Cypriot area: −0.3% (2002)
Electricity - production:
3.401 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - production by source: fossil fuel: 100% other: 0% (2001) hydro: 0% nuclear: 0%
Electricity - consumption: Greek Cypriot area: 3.163 billion kWh; Turkish Cypriot area: NA kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
49,000 bbl/day (2001 est.)
Oil - exports:
NA (2001)
Oil - imports:
NA (2001)
Agriculture - products:
potatoes, citrus, vegetables, barley, grapes, olives, vegetables
Exports:
Greek Cypriot area: $1.03 billion f.o.b. Turkish Cypriot area: $46
million f.o.b. (2002 est.)
Exports - commodities:
Greek Cypriot area: citrus, potatoes, pharmaceuticals, cement,
clothing and cigarettes; Turkish Cypriot area: citrus, potatoes,
textiles
Exports - partners:
UK 28.2%, Greece 7%, UAE 5.3%, France 5.2% (2002)
Imports:
Greek Cypriot area: $3.9 billion f.o.b.; Turkish Cypriot area: $301
million f.o.b. (2002 est.)
Imports - commodities:
Greek Cypriot area: consumer goods, petroleum and lubricants,
intermediate goods, machinery, transport equipment; Turkish Cypriot
area: food, minerals, chemicals, machinery
Imports - partners:
Russia 17.9%, Greece 7.4%, Germany 6.7%, France 6.6%, UK 6.6%,
Italy 6.6%, South Korea 5.7%, Japan 5.3% (2002)
Debt - external:
Greek Cypriot area: $8 billion; Turkish Cypriot area: $NA (2002)
Economic aid - recipient:
Greek Cypriot area - $17 million (1998);; Turkish Cypriot area -
$700 million from Turkey in grants and loans (1990–97), which are
usually forgiven (1998)
Currency:
Greek Cypriot area: Cypriot pound (CYP); Turkish Cypriot area:
Turkish lira (TRL)
Currency code:
CYP; TRL
Exchange rates:
Cypriot pounds per US dollar - 0.61 (2002), 0.64 (2001), 0.62
(2000), 0.54 (1999), 0.52 (1998), Turkish lira per US dollar NA
(2002), 1,225,590 (2001), 625,218 (2000), 418,783 (1999), 260,724
(1998)
Fiscal year:
calendar year
Communications Cyprus
Telephones - main lines in use:
Greek Cypriot area: 405,000 (1998);; Turkish Cypriot area: 83,162
(1998)
Telephones - mobile cellular:
Greek Cypriot area: 68,000 (1998); Turkish Cypriot area: 70,000
(1999)
Telephone system:
general assessment: excellent in both the Greek Cypriot and Turkish
Cypriot areas
domestic: open-wire, fiber-optic cable, and microwave radio relay
international: tropospheric scatter; 3 coaxial and 5 fiber-optic
submarine cables; satellite earth stations - 3 Intelsat (1 Atlantic
Ocean and 2 Indian Ocean), 2 Eutelsat, 2 Intersputnik, and 1 Arabsat
Radio broadcast stations:
Greek Cypriot area: AM 7, FM 60, shortwave 1 (1998); Turkish
Cypriot area: AM 3, FM 11, shortwave 1 (1998)
Radios:
Greek Cypriot area: 310,000 (1997); Turkish Cypriot area: 56,450
(1994)
Television broadcast stations: