The Central Bank of Cyprus (CBC) expects GDP growth to reach 3.5% in 2025, compared with 3.9% in 2024, while for the period 2026–2028 it forecasts annual GDP growth of 3%. The Governor of the Central Bank, Christodoulos Patsalides, noted that the momentum of the Cypriot economy indicates that the country has strong foundations and shows flexibility and adaptability in addressing external pressures.