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2023-Cyprus-Country-Report

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CYPRUSCOUNTRY REPORT <strong>2023</strong><br />

FDI LIABILITIES IN €/MILLION (investments in <strong>Cyprus</strong>)<br />

2019<br />

47,067<br />

2020<br />

-22,609<br />

2021<br />

5,535<br />

2022<br />

950<br />

CUMULATIVE INWARD FDI TRANSACTIONS BY REGION<br />

(2017-2021)<br />

Source: Central Bank of <strong>Cyprus</strong><br />

REGION<br />

€/million<br />

North America of which: 8,816<br />

United States 7,915<br />

European Free Trade Association (EFTA), of which: 7,880<br />

Switzerland 7,019<br />

Non-EU, non-EFTA, of which: 7,629<br />

Russia 33,219<br />

Asia, of which: 3,997<br />

China 1,500<br />

Israel 541<br />

Africa, of which: 1,038<br />

Mauritius 662<br />

Australia, Oceania & polar regions, of which: -474<br />

Australia 66<br />

Central America & Caribbean, of which: -17,217<br />

British Virgin Islands -9,126<br />

European Union (EU28), of which: -30,708<br />

Luxembourg 1,883<br />

Note 1: Negative number means net divestment from <strong>Cyprus</strong>.<br />

Note 2: Regional totals include divestment from specific countries.<br />

Note 3: The figures for many EU countries are marked as confidential.<br />

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