Skip to main content

Cyprus Key Figures

Population:
1.26 million
GDP growth rate:
2.47 %/year
Energy independence:
9.66%

Data of the last year available: 2023

Total consumption/GDP:*
66.4 (2005=100)
CO2 Emissions:
4.82 tCO2/capita
Rate of T&D power losses:
3.20%

* at purchasing power parity

View all macro and energy indicators in the Cyprus energy report

Cyprus Energy Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

Cyprus Total Energy Production & Consumption

In 2023, Cyprus had a consumption per capita of 1.8 toe, i.e., 36% below the EU average. Electricity consumption per capita was 3 900 kWh in 2023, 27% below the EU average.

Total energy consumption has remained stable since 2021 (2.2Mtoe). Previously, it had declined by 5.7%/year between 2008 and 2013 and rebounded by an average of 2.5%/year over 2013-2019.

Oil covers 85% of the country's needs, primary electricity (solar and wind) 8%, biomass 6%, and coal-lignite 1%. The share of oil has eroded slightly since 2010 (95%) to the advantage of biomass and electricity.

Source: Cyprus energy report

Interactive Chart Cyprus Total Energy Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Cyprus energy report

Cyprus Oil Production & Consumption

Since the closure of the Larnaca oil refinery in 2004 Cyprus has imported all its oil products. The refinery was transformed into an import terminal and a storage centre.

Since 2008, imports of oil products have declined by 1.4%/year to 2.5 Mt in 2023. Greece accounts for 27% of these imports, followed by Israel (20%) and Spain (15%) (2023).

Source: Cyprus energy report

Interactive Chart Cyprus Crude Oil Production & Consumption

Source: Global Energy & CO2 data

Interactive Chart Cyprus Refined Oil Products Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our EMEA Refineries Dataset

Cyprus Coal and Lignite Production & Consumption

Coal imports have almost disappeared (22 kt in 2023); they used to supply the cement industry.

Source: Cyprus energy report

Interactive Chart Cyprus Coal and Lignite Production & Consumption

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Cyprus energy report

Cyprus Renewable in % Electricity Production

The Cyprus Energy Agency is also in charge ofthe development of renewable energies.

The 2020 target of a 13% share of renewables in final energy consumption was exceeded, with 16.9%. The final NECP (2024) sets a target of 33% of renewables in final consumption by 2030. In 2023, this share reached 20.2% (20.9% for electricity, 42.7% for heating and cooling, and 7.3% for transport).

Source: Cyprus energy report

Interactive Chart Cyprus Share of Renewables in Electricity Production (incl hydro)

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Learn more about renewables in the European Battery Market Analysis

Cyprus GHG emissions and CO2 emissions

Cyprus' final NECP targets a 32% reduction in GHG emissions by 2030 compared to 2005; according to scenarios highlighted in the NECP, GHG emissions could decline by up to 26% by 2030. Additional measures are necessary to fill the gap.

Source: Cyprus energy report

Interactive Chart Cyprus CO2 emissions

Source: Global Energy & CO2 data

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed consumption trends at country level (graphs, tables, analysis) in the Cyprus energy report