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Cyprus Key Figures

Population:
1.22 million
GDP growth rate:
5.51 %/year
Energy independence:
8.15%

Data of the last year available: 2021

Total consumption/GDP:*
76.1 (2005=100)
CO2 Emissions:
5.00 tCO2/capita
Rate of T&D power losses:
4.17%

* at purchasing power parity

View all macro and energy indicators in the Cyprus energy report

Cyprus Related 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

Total Energy Consumption

In 2021, Cyprus had a consumption per capita of 1.9 toe, that is still below its peak level of 2.4 toe in 2008 and 40% below the EU average. Electricity consumption per capita was around 3700 kWh in 2021,14% below its 2010 level and 35% below the EU average.

Total energy consumption rebounded by 5.3% in 2021 to 2.1 Mtoe, after a 5.6% drop in 2020.

Previously, it had increased by an average of 2.5%/year over 2013-2019, while total consumption declined by 10%/year over 2010-13.

Interactive Chart Cyprus Total Energy Consumption

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

Crude Oil Production

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 2%/year to 2.2 Mt in 2021. Israel accounts for almost one third of these imports, followed by Greece (27%) and the Netherlands (13%) (2021).

Interactive Chart Cyprus Crude Oil Production

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

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%. In 2021, this share reached 18.4%, of which 41% was for heating and cooling, 15% for electricity, and 7% for transport.

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

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

CO2 Fuel Combustion/CO2 Emissions

Cyprus' NECP aims to reduce GHG emissions by 24% by 2030 compared to 2005, including -25% in ETS sectors and -21% in non-ETS sectors (including industry, waste, and agriculture). In 2020, GHG emissions were less than 5% below 2005 levels.

Since 2013, total GHG emissions have risen slightly, by an average of 1%/year, reaching 8.8 MtCO2eq in 2020. Previously, they declined by 5%/year between 2008 and 2013. Between 1990 and 2008, total GHGs increased by 3%/year, peaking at 10 MtCO2eq in 2008.