Republic of Cyprus
The Republic of Cyprus is an island nation in the Middle East, in the eastern Mediterranean Sea.
Main article: Countries of the world
Population
Population
2020: Population growth of 57.5% over 30 years
Fertility and mortality
2022: Excess mortality due to COVID-19 - 16%
2019: Average age of women at birth of first child is 29 years or older
Number of children per woman
in
Children out of wedlock
Migration
2024
The number of Russians living in Cyprus since 2022 has decreased from 120 thousand to 50 thousand people
The number of Russians living in Cyprus from 2022 by the middle of 2024 decreased by almost 60% - from 120 thousand to 50 thousand people. This is due to European sanctions against Russia, which provoked the massive closure of bank accounts and tightening of financial control. This is stated in the materials of The New European, published on September 25, 2024.
Russian businessmen, as noted, began to actively create companies in Cyprus in 2000, when the two countries agreed on a "tax agreement on income and capital," which provided Russians with favorable tax conditions when opening a business on the island. This attracted hundreds of thousands of Russian companies and their owners. However, the situation has changed dramatically against the backdrop of a deteriorating geopolitical situation.
 | The soft financial regulation that made the island so attractive suddenly became much tougher, the publication said. |  |
According to data obtained by the Associated Press, from 2014 to 2024, the number of Russian customers in Cyprus banks decreased by 82%. At the same time, the volume of Russian deposits decreased by 76%. Cyprus has been known for years as a jurisdiction where "few questions are asked" and whose banks have welcomed money from wealthy savers "despite their shadow connections," it says. But that began to change after the 2013 financial crisis, which pushed the country to the brink of bankruptcy. In the period since 2014, Cypriot banks severed business ties with almost 60 thousand customers, mainly citizens of Russia and Ukraine, and also froze about 126 thousand accounts for a total of about €40 billion. At the end of 2023, information appeared that Cyprus banks, as part of "preventive measures," were instructed to stop all operations in rubles.[1]
The number of Ukrainian refugees is less than 50 thousand.
2021: Net population inflow in 4 years
Accommodation of children with parents
2021: Proportion of young people living with their parents - 30.4%
Marriages and divorces
2016: Divorce rate - 32.8%
Billionaires of Cyprus
2023: $9 billionaires
2018: In Cyprus - 59.8 billionaires for 10 million people
Cities
- Southern Nicosia is the capital
Citizenship and residence permit
Main article: Citizenship of Cyprus
Parliament
2022: Proportion of women in Parliament
Armed Forces
2023: UK Air Base Akrotiri
Economy
GDP
2022: Industry's share of GDP - less than 12.5%
National debt
2023: State debt - 87% of GDP
2021: State debt - 104% of GDP
2020: State debt - 119% of GDP
Inflation
2022: July inflation - 10.86%
Investments
Foreign trade
2022: China trade deficit
Labour market
2019: Average labor productivity - $42.39 per hour
Unemployment
2022: Unemployment rate - 5.1%
2020: Unemployment rate - 8%
Incomes of the population
2023: Minimum wage - $854
Banking system
2022: Cyprus froze €105 million of €5.6 billion deposits of Russians
After the outbreak of the conflict in Ukraine, Cyprus froze bank deposits of Russians in the amount of €105 million in 2022, Finance Minister Konstantinos Petridis said in January 2023. In total, €5.6 billion is stored on Russian deposits in Cyprus. Petridis noted that Russian oligarchs who have come under sanctions are under special control, but they usually do not write down assets on themselves.
In total, Cyprus has blocked more than 1.5 billion euros of assets related to Russia, the media reported, citing a speech by Cypriot Finance Minister Konstantinos Petridis.
Agriculture
2019: Average use of pesticides in agriculture
Consumption
Meat
2019: Pork is the most consumed type of meat
Beer
2019: Beer consumption in litres per year per person
Energy carriers
2021: Oil is the main source of energy in the country
Energy consumption per capita
and
Food industry
2021: Cheese production - 42kg per capita
Automobile traffic
Cyprus is a left-hand country.
Communication
Main article: Communication in Cyprus
Health care
Maternity leave
in
2020: Duration of guaranteed paid sick leave 6 months or more
2019: 4.7% of the population suffer from chronic depression
2018: 23.3% of women smoke tobacco
Science and Research
2020: Fewer than 5,000 animals used for scientific purposes
Almost 8 million animals are used for scientific purposes in Europe and half of them are laboratory mice and rats.
Tourism
2022
Due to the lack of Russian tourists, Cyprus lost €1 billion
Due to the lack of Russian tourists, Cyprus lost €1 billion in 2022. Due to the sanctions imposed by the EU against the background of the conflict in Ukraine, the island did not count about 800 thousand guests from Russia.
Introduction of visa processing fees for Russians
The Cypriot authorities are one of the last in the European Union to refuse to issue tourist visas to Russians on old conditions. From December 1, 2022, visa processing will cost €80, for children from six to 12 years old - €40. Earlier, Russians could apply for a tourist visa to Cyprus for free.
2020: One of the world's busiest tourist destinations
2019: More than 45% of the population went on tourist trips. Greece is the most popular country
MEDIA
2022:76% of the population watch TV every day
Police
2020: 3rd place in Europe in the number of police officers per 100 thousand citizens: 544
Crime
2021: Number of intentional murders
and the United
Prisons
2019: Minimum age for children to be jailed
2018: Number of prisoners
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History
2004: Joining the European Union
In 2004, the Republic of Cyprus joined the European Union.
1618
650 BC.
Religion
2022: 54.6% of the population believes in life after death
Sport
2022: The most popular sport is football
Calendar
See also
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