Cyprus Economy - 1986

GEOGRAPHICAL NAMES 

GDP: $2 1 billion (1983), $3,210 per capita;

1983 est real growth rate 2 6%

Turkish Sector GDP: $205.9 million (1983), $1,344 per capita

Natural resources: copper, pyrites, asbestos, gypsum, lumber, salt, marble, clay earth pigment

Agriculture: main crops—potatoes and other vegetables, grapes, citrus fruit, wheat, carob beans, olives

Major industries: mining (iron pyrites, gypsum, asbestos), manufactures principally for local consumption—beverages, footwear, clothing, cement

Electric power: 620,000 kW capacity (1985); 1.468 billion kWh produced (1985), 2,210 kWh per capita

Exports: $482.8 million (f.o.b., 1984); principal items—food and beverages, including citrus, raisins, potatoes, wine; also cement and clothing

Turkish Sector exports-$16.8 million (f.o.b., 1984); principal items—citrus fruits, potatoes, metal pipes, pyrites

Imports: $1,195 million (c.i.f., 1984), principal items manufactured goods, machinery and transport equipment, fuels, food

Turkish Sector imports: $170 million (c.i.f., 1984); principal items—foodstuffs, raw materials, fuels, machinery

Major trade partners: imports 11984)— 12.1% UK, 12% Japan, 10.5% Italy, 8.3%

FRG, 5.2% Iraq; exports (1984)—17% UK, 14.1% Lebanon, 114% Libya. 7.5% Saudi Arabia, 3.4% USSR

Turkish Sector major trade partners, im-ports(1984i—46% Turkey, 36% EC, 17% Arab countries; exports (1984'—61% EC, 22% Turkey , 16% Arab c ountries

Budget: (1983) revenues, $587.2 million expenditures, $697.3 million; deficit $110.1 million

Turkish Sector budget: (1982) revenues, $82.3 million; expenditures, $72.2 million, deficit, $14.7 million

Monetary conversion rate: .63 Cyprus pound=US$l (October 1984)

Turkish Sector monetary conversion rate: 225.46 Turkish liras=US$l (1983 average)

Fiscal year calendar year

Communications Railroads: none

Highways: 10,778 km total; 5,169 km bituminous surface treated, 5,609 km gravel, crushed stone, and earth

Ports: 3 major (Famagusta Larnaca, Limassol), 2 secondary (Vasilikos, Kyrenia) under development, 6 minor; Famagusta and Kyrenia under Turkish Cypriot control

Civil air: 8 major transport aircraft

Airfields: 14 total, 13 usable; 11 with permanent-surface runways; 6 with runways 2,440-3,659 m; 2 with runways 1,220-2,439 m

Telecommunications: moderately good telecommunication system in both Greek and Turkish sectors; 164,000 telephones (25 per 100 popl.); 10 AM, 6 FM, and 29 TV stations; tropospheric scatter circuits to Greece and Turkey; 3 submarine coaxial cables; 1 Atlantic Ocean satellite antenna and 1 Indian Ocean antenna

NOTE: The information regarding Cyprus on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Cyprus 1986 information contained here. All suggestions for corrections of any errors about Cyprus 1986 should be addressed to the CIA or the source cited on each page.