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Home > Country Profile > Economy of Cyprus

Economy of Cyprus

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PEOPLE OF CYPRUS

Visit the land of Cyprus, which is even called as the Island of Love, where the local people welcomes you with a warm heart towards a friendly environment. Cyprus constitutes about 78 percent of the Greek population while Turkish constitutes 18 percent of the overall population.

The traditional attire of men are the vrakas which is a long black trouser worn with vests on top. The ladies usually wear sarkas which is the local made skirt and blouse.

ARTS, CULTURE AND MUSIC OF CYPRUS

Art: The place is famous for its handicraft designing. Archaeological Museums and Folk Art Museums in Cyprus showcases art and artifacts of unique objects available in this area. The sword of Alexander the Great was made here in Cyprus. The Cyprus Handicraft Center is known to display authentic work of Lefkara Lace, Pottery made of Kornos and Phini, Phiti style weaving and woven materials.

Culture: The place is culturally rich where celebration has been part of their life. Religious festivals play a significant role starting from the Greek Orthodox Easter to Kataklysmos. It is during the Christmas the local people spent time in midnight mass, bonfire and fireworks. Kataklysmos is the festival of flood where one can participate in competition and games. It is during the springtime where one can indulge in carnival celebrations, flower festivals and parades. Entertain life with food and wine as this place enjoys wine festivals during the harvest season.

Music: From folk songs to classical music this place indulges in all. Music such as Hip Hop, Reggae, Hardcore/Emo, Drum & Bass thrive in this region.

The music of Cyprus is influenced from the Ancient Greece, the Byzantine Empire and the Greek island sources.

FLAG OF CYPRUS

The flag of Cyprus was officially accepted on August 16, 1960. This flag is designed with its topographical land area or map of the area nestled on a white background with two crisscrossed olive branches. The map is colored in copper-yellow tones that denote the rich repositories of copper, in the form of chalcopyrite in the area. The olive branch represents the hope for peace among the Turks and the Greeks.

ECONOMY OF CYPRUS

The economic growth of Cyprus mainly depends on tourism, which amounts to 70 percent of the total revenue income, whereas small-scale industry amounting to 24 percent of the revenue and Agriculture about 6 percent.

The government service, adds value to the revenue income. Cyprus stands in the fourth position as far as ship registry is concerned especially from Greece, Germany and Russia.

The major cash crops of this region are potatoes and citrus. The place even earns foreign exchange from offshore companies present here.

The goods that are imported from Cyprus to United States includes clothing, footwear, steel tubes and pipes, dairy products, and food items.

Stay connected at Mapsofworld for all relevant information about the Cyprus Republic.


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