Cyprus Facts

cyprus

Location: South East Mediterranean at the crossroads of three continents

Area: 9.251 sq km

Climate: Temperate, Mediterranean with hot dry summers and mild winters

Population: 862,000 (2011)

Capital: Nicosia

Religions: Christian Orthodox, Muslim, Armenians, Maronites, Catholics

Official languages: Greek, Turkish (English widely spoken)

Legal System: Common law

Government: Independent sovereign Republic with a presidential system

Economy: Services-oriented market economy Competitiveness In 2012-2013 Cyprus ranks 58th among 144 economies (World Economic Forum, Competitiveness Index, 2012-2013)

Doing Business: Cyprus ranked 36th among 185 economies worldwide based on the “Doing  Business Report 2013” of the World Bank

Currency: Euro (€)

Main Sectors: Financial & Insurance Activities; Real Estate; Professional, Scientific &  Technical Activities (2010)

Export partners: Germany 16%, Greece 12.6%, United Kingdom 8.8%,

Import partners: European Union 72%, Asia 11%, Middle East 9%, Other EU 3%

Main airports: Larnaca International and Paphos International

Memberships: The United Nations (1960). European Union (2004) and Eurozone (2008), The World Trade Organization (1995), IMF (1962), The World Bank (1962), The Commonwealth (1961), The Council of Europe (1961)