The services sector in Cyprus showed improvement in 2025, according to data published by the Cyprus Employers and Industrialists Federation (OEB), ahead of its General Assembly to be held on April 28.
According to the published data, Accommodation and Food Service Activities recorded an increase of 9.5%, Administrative and Support Service Activities rose by 7.4%, and Professional, Scientific, and Technical Activities increased by 4.6%. Additionally, the Information and Communication sector grew by 4.3%, Transportation and Storage Activities by 2.8%, and Real Estate Activities by 0.4%.
“These figures confirm the decisive role of the Services Sector as a key pillar of the Cypriot economy, strengthening its contribution to growth, employment, and the country’s international competitiveness,” OEB emphasized in its announcement.
Specifically, it is noted that tourism in Cyprus recorded strong momentum and new historic records in 2025, according to official data from the Statistical Service of Cyprus. Total tourist arrivals reached 4,534,073 visitors, representing an increase of 12.2% compared to 4,040,200 arrivals in 2024, confirming the sector’s sustainable growth and Cyprus’ strong position as a tourist destination.
Regarding tourism revenue, the most recent available cumulative data for the period January–November 2025 show that receipts exceeded €3.6 billion, increased compared to the same period in 2024.
OEB also points out that 2025 was a year of strong presence and resilience for Cypriot shipping, with developments that continued to strengthen Cyprus’ position on the global maritime map. Shipping contributed approximately 7% to Cyprus’ GDP during the year.