|Unit||Mil. EUR, SA|
|Source||Statistical Service of the Republic of Cyprus (CYSTAT)|
|Release||Quarterly National Accounts|
|Capacity Utilization||2023 Q1||59.9||60.4||%, SA||Quarterly|
|Industrial Production||Nov 2022||131.8||132||Index 2015=100, NSA||Monthly|
|Change in Inventories||2022 Q3||38.42||126.63||Mil. EUR, SA||Quarterly|
|Real Change in Inventories||2018 Q1||-23.64||63.3||Mil. Ch. 2005 EUR, SA||Quarterly|
For Cyprus, quarterly national accounts since 1995 in euros including GDP, GVA, expenditures, final consumption, and gross capital formation.
The framework changed from ESA 95 to ESA 2010 in October 2014.
The Statistical Service of the Republic of Cyprus (CYSTAT) reports the following:
Figures are reported in nominal and real terms. Real figures use chain-linking. All quarterly figures are reported both unadjusted and seasonally adjusted (NSA and SA).
CYSTAT's system of national accounts presentation includes four tables (for each of current/constant and SA/NSA), which together comprise two alternative breakdowns of GDP:
Gross domestic product (GDP) equals:
GDP alternately equals:
Industries (NACE Rev. 1 economic activities):
Investment product categories in gross capital formation:
During the COVID-19 pandemic (2020 to 2021), the source wrote:
Due to this unprecedented situation, the Statistical Service had to make some imputations for the short-term indicators used. These imputations were based on information collected from sources other than those used for the usual production of the GDP Estimate (such as the weekly credit cards transactions and the preliminary results of the Labour Force Survey). As the problems anticipated were common to all members of the European Union, they were tackled by applying the same methodologies under the supervision and the guidance of European Statistical Office (Eurostat).
The growth rates are reported in "flash" vs. "final" phases, and the source sometimes reports them with one decimal place of precision vs. full precision, respectively. Since we synchronize to the full as-reported history each time, you'll see fluctuation in this respect, apart from intentional revisions.
The flash growth rate is revised over the past four quarters.
Final growth rates are revised over the past 12 quarters.
Quarterly and annual accounts are revised in a four-phase pattern over the course of a year.
Large revisions ("major" or "benchmark") are conducted every five years in September.
At the source:
At IMF (SDDS):