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Surge In Cyprus Vehicle Registrations: February 2026 Data Reveals Robust Growth

Overview Of Registration Trends

Vehicle registrations in Cyprus reached 4,670 units in February 2026, an increase of 24.3% compared with 3,757 registrations in February 2025, according to data released by the Statistical Service.

Passenger Vehicle Market Expansion

Growth was also recorded in the passenger vehicle segment. Registrations of saloon cars rose by 23.8% year on year, increasing from 2,908 to 3,600 units. During the January–February 2026 period, total vehicle registrations reached 9,020, representing a 15.1% increase compared with 7,834 registrations during the same period in 2025.

Analysis Of New Versus Used Sales

Within the passenger vehicle category, saloon registrations increased by 13.7% to 6,917 vehicles, compared with 6,084 a year earlier. Of these vehicles, 2,401 units (34.7%) were new, and 4,516 units (65.3%) were used.

Trends In Fuel And Hybrid Technology

Fuel type data show changes in the composition of vehicle registrations. Gasoline-powered vehicles accounted for 36.2% of registrations, down from 41.6% a year earlier.

Diesel vehicles represented 8.9% of registrations compared with 9.2% in the previous year. Electric vehicles accounted for 5.2% of registrations, compared with 5.3% previously.

Hybrid vehicles represented 49.6% of registrations during the period, compared with 43.9% in the corresponding period of 2025.

Commercial And Specialty Vehicle Segments

Other vehicle categories also recorded changes in registration volumes. Bus registrations increased from 20 to 44 units. Freight vehicle registrations rose by 26.2%, increasing from 915 to 1,155 during the January–February period. Rental vehicles increased by 88% to 47 units. Heavy trucks rose by 67.4% to 149 units, while road tractor units increased by 42.9% to 40. Light truck registrations increased by 18.9% to 919 units. Motorcycles with engines under 50 cc declined from 49 to 15 units, while motorcycles above 50 cc increased by 14.7% to 758 units.

Implications For The Market

The increase in vehicle registrations indicates continued activity in the Cypriot automotive market. Data also show a rising share of hybrid vehicles as well as growth across several commercial vehicle categories. These developments suggest changing consumer preferences and evolving demand within the transport sector. Higher registration volumes in freight vehicles, rental fleets and heavy trucks also reflect increased activity in business transportation and logistics.

Cyprus’ Poverty And Social Exclusion Risk Stands At 17.1%

Cyprus recorded a poverty or social exclusion risk rate of 17.1% in 2025, below the European Union average of 20.9%, according to new Eurostat figures. Across the bloc, however, more than 92 million people continued to face the risk, highlighting persistent social and economic inequalities.

More Than 92 Million People At Risk Across The EU

A total of 92.7 million people across the EU were at risk of poverty or social exclusion in 2025, equivalent to just over one in five residents.

Cyprus is treated as a single statistical region because of its size, unlike many member states divided into multiple regions for comparison. Its national figure therefore provides an overall picture but does not capture differences between districts or communities.

Regional Gaps Remain Stark Across Europe

The risk varied considerably across the EU, with the highest rates concentrated largely in southern, eastern and outermost regions. In 24 of the 243 regions with available data, at least 31.5% of the population faced poverty or social exclusion.

These regions were located in Spain, Bulgaria, Greece, Italy, France and Romania, as well as Brussels in Belgium and Bremen in north-western Germany.

French Guiana recorded the highest rate, at 54.8%, followed by Calabria in southern Italy at 45.3% and Sicily at 44%. Melilla, a Spanish autonomous city, recorded 43.7%, while Réunion, another French outermost region, stood at 42.3%.

Central Europe Records The Lowest Rates

At the other end of the scale, 24 regions reported poverty or social exclusion risk rates below 13% in 2025. These included five eastern EU capital regions: Bratislava in Slovakia, Warsaw in Poland, Prague in the Czech Republic, Budapest in Hungary and Zagreb in Croatia.

Other regions with low rates were concentrated in northern Italy, the Czech Republic, northern Belgium, Hungary, Poland and Austria, illustrating the uneven distribution of economic security across Europe.

Cyprus Remains Below The EU Average

Cyprus’ rate of 17.1% places it below the EU average, although it remains higher than the levels recorded in the bloc’s lowest-risk regions.

The figures suggest that Cyprus performs relatively well compared with the wider EU, but poverty and social exclusion remain significant challenges across the bloc, affecting more than 92 million people.

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