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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 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.

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

Cyprus 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 1.4%/year to 2.5 Mt in 2023. Greece accounts for 27% of these imports, followed by Israel (20%) and Spain (15%) (2023).

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

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).

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

Cyprus CO2 Fuel Combustion/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.