THE REPUBLIC OF CYPRUS, CAPITAL NICOSIA
Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. It is located south of Turkey, west of Syriaand Lebanon, northwest of Israel, north of Egypt and east of Greece. Its capital is Nicosia. Cyprus had a population of 1,117,00 in 2011 with total area of 9,251 km2 (3.572 sq. mi). Its current president is Nicos Anastasiades
Cyprus has two official languages, Greek and Turkish. The average annual temperature on the coast is around 24 °C (75 °F) during the day and 14 °C (57 °F) at night.
Cyprus is a major tourist destination in the Mediterranean. The Republic of Cyprus is a member of the Commonwealth and was a founding member of the Non-Aligned Movement until it joined the European Union on 1 May 2004.On 1 January 2008, the Republic of Cyprus joined the Eurozone.
Cyprus’ economy is classified by the World Bankas a high-income economy, and was included by the International Monetary Fund in its list of advanced economies in 2001. Tourism, financial services and shipping are significant parts of the economy. Economic policy of the Cyprus government has focused on meeting the criteria for admission to the European Union.
Cyprus is ranked 23rd in the world in terms of the Quality-of-life Index.
The Cypriots are among the most prosperous people in the Mediterranean region, with GDP per capital surpassing $24,000 in 2013.
The services sector, including tourism, contributes almost 80% to GDP and employs more than 70% of the labor force. Industry and construction account for approximately one-fifth of GDP and labor, while agriculture is responsible for 2.1% of GDP and 8.5% of the labor force. Potatoes and citrus are the principal export crops.
Cyprus constitutes one of the largest ship management centers in the world. Cyprus has the tenth-largest The most important exports of Northern Cyprus are citrus and dairy products. These are followed by rakı, scrap and clothing.registered fleet in the world, with 1,030 vessels accounting for 31,706,000 dwtas of 1 January 2013.
Tourism significantly impacts the economies, cultures, and the development of Cyprus. In 2006, it was expected to contribute 10.7% of GDP which in real terms it generated US$5,445.0 million in the same year. In 2006, the total employment was estimated at 113,000 jobs.
According to the World Economic Forum’s 2013 Travel and Tourism Competitiveness Index, Cyprus’ tourism industry ranks 29th in the world in terms of overall competitiveness. In terms of Tourism Infrastructure, in relation to the tourism industry Cyprus ranks 1st in the world. With over 2 million tourist arrivals per year, it is the 40th most popular destination in the world. Cyprus became a full member of the UNWTO when the organisation was created in 1975.