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Services And Transport Activity In Cyprus Increases During Q1 2026

Data from the Cyprus Statistical Service (Cystat) show higher turnover across several service sectors during the first quarter of 2026 compared with the same period a year earlier.

Overview Of Q1 Performance

Several key sectors recorded annual growth during the quarter. Accommodation and food service activities increased by 3.9%, while transport and storage activities rose by 3.5%. Professional, scientific and technical activities recorded a growth of 3.0%, and real estate activities increased by 2.8%.

Sector Highlights And Detailed Analysis

Within the transport sector, air transport recorded the strongest annual increase, rising 21.3% year-on-year. Land transport and pipeline activities grew by 7.3%, while warehousing and support services increased by 2.9%. Water transport and postal and courier activities moved in the opposite direction, declining by 1.0% and 0.7% respectively.

Breaking Down The Index Levels

Information and communication recorded the highest index level at 184.2 points, compared with 184.0 points in the first quarter of 2025. Administrative and support service activities, professional, scientific and technical services, real estate activities, and transport and storage also reported higher index levels than a year earlier.

Sub-Sector Dynamics And Annual Trends

Annual data also pointed to continued growth in accommodation and food service activities. The sector recorded an increase of 9.5% in 2025, with accommodation services rising by 10.3% and food and beverage service activities increasing by 8.8%. Information service activities and several categories within professional, scientific and technical services also recorded annual gains compared with the previous year.

Implications And Future Outlook

The turnover index, which uses 2021 as its base year, measures changes in current-price turnover across key sectors of the economy. Performance varied across sectors, including telecommunications, publishing and management consultancy services, highlighting differences in turnover trends across the broader services economy. Detailed datasets and methodology are available through the Cyprus Statistical Service.

Cyprus Has One Of The EU’s Oldest Teaching Workforces

Only 3% of teachers in Cyprus are under 30, putting the country alongside Portugal for the lowest share of young teachers in the European Union, according to a European Commission report. The figure is well below the EU average of 8%, while Malta has the highest proportion at 17%, followed by Belgium and Luxembourg at around 15%.

Cyprus is also the only EU member state identified in the report as having a surplus of teachers, despite the workforce being relatively old.

Older Teachers Remain Highly Satisfied

The teaching profession appears to remain attractive to those already working in it. In 2024, 73% of Cypriot teachers said they were satisfied with their salaries, compared with just 37.3% across the EU. Job satisfaction was also high, reaching 93% in Cyprus versus 90% across the bloc.

The age gap is particularly visible in secondary education, where teachers in Cyprus averaged 46 years old in 2024, compared with 45 across OECD member states. Only 4% were under 30, while 33% were aged 50 or older.

Reform Could Change The System

The findings come as Cyprus moves toward the final stage of its teacher evaluation reform. Until August next year, vacancies will continue to be divided between the old appointment list and the newer system introduced in 2015.

From next September, first-appointment vacancies will be filled exclusively through the new list. The European Commission has meanwhile called for stronger efforts to attract and retain younger teachers, including through better working conditions and greater support for people entering the profession.

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