Cyprus public debt and fiscal data for the fourth quarter of 2025
According to Eurostat data for the fourth quarter of 2025, Cyprus's public debt decreased to 20.078 billion euros, representing 55.0% of its GDP. This reflects a significant reduction compared to the 21.696 billion euros recorded in the third quarter of 2025 and 21.814 billion euros in the fourth quarter of 2024. Cyprus also reported a 4% GDP surplus for the same period, while the European Union as a whole recorded an average deficit of 3.2% of GDP. Across the EU, the public debt-to-GDP ratio stood at 81.7% at the end of 2025, while the eurozone figure reached 87.8%. High debt levels were observed in Greece at 146.1%, Italy at 137.1%, and France at 115.6%. Conversely, Estonia, Luxembourg, Denmark, and Bulgaria recorded the lowest debt-to-GDP ratios. The EU debt is composed primarily of debt securities at 83.5%, followed by loans at 14.2% and deposits at 2.4%.