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 News
View all news, archive your new and create your own daily newsletters only on your topics/countries of interest with Key Energy Intelligence
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