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Cyprus Emerges as a Leading Force in European ICT Employment Growth

by THEFUTURE.TEAM
July 9, 2025

Accelerated ICT Expansion in Cyprus

Over the past decade, Cyprus has distinguished itself with one of the fastest growth rates in ICT employment across the European Union. According to Eurostat, the island nation experienced an average annual growth rate of 9.2% in ICT roles from 2014 to 2024. This robust increase highlights the nation’s strategic embrace of the digital economy.

Empowering Women in the Digital Sector

Notably, the surge in ICT employment has been exceptionally strong among women, who saw their numbers expand by an impressive 13.7% per year. This performance positions Cyprus as one of the EU’s top performing countries in advancing gender diversity in technology sectors.

European ICT Landscape: Trends and Targets

Across the EU, more than 10 million individuals were employed as ICT specialists in 2024, marking an increase from 2014 and representing 5.0% of the total employed population. Despite this growth, the current figures fall short of the ambitious Digital Decade goal of achieving 20 million ICT specialists by 2030. Countries like Sweden, Luxembourg, Finland, and the Netherlands continue to lead in the proportion of ICT employment, while nations such as Greece and Romania lag significantly behind.

Younger Workforce and High Educational Attainment

Cyprus not only exhibits robust growth in ICT roles but also features a notably younger workforce. In 2024, 41.9% of its ICT specialists were aged between 15 and 34, surpassing the EU average of 37.2%. Furthermore, over 80% of Cyprus’s ICT professionals hold higher education degrees, aligning it with countries like Ireland, Spain, France, and Belgium in academic excellence.

Closing the Gender Gap and Sectoral Insights

While men still dominate the ICT field, the gender gap has narrowed across the EU. The proportion of women in ICT roles rose from 16.2% in 2014 to 19.5% in 2024. Countries such as Estonia, Romania, and Bulgaria have recorded female participation rates above 27%, with Cyprus showing a significant improvement of 8.1 percentage points—the second highest EU-wide gain after Estonia.

Diverse Industry Involvement

ICT specialists are primarily concentrated in the information and communication sector where they now comprise 60.6% of employment. Other sectors experiencing significant ICT integration include finance and insurance (8.3%), professional, scientific and technical activities (8.1%), and utilities (7.7%). Between 2014 and 2024, nearly all major economic sectors saw an increase in ICT roles, with the information and communication sector alone witnessing a rise of 9.9 percentage points.

Conclusion

Cyprus’s dynamic ICT employment landscape is emblematic of broader European trends towards digital transformation. The nation’s rapid growth, coupled with strategic advancements in gender diversity and educational qualifications, underscores its emerging role as a powerhouse in the digital economy. As Europe continues to navigate its digital future, Cyprus’s experience offers valuable insights into leveraging ICT for sustained economic development.

EU Moderates Emissions While Sustaining Economic Momentum

by THEFUTURE.TEAM
November 15, 2025

The European Union witnessed a modest decline in greenhouse gas emissions in the second quarter of 2025, as reported by Eurostat. Emissions across the EU registered at 772 million tonnes of CO₂-equivalents, marking a 0.4 percent reduction from 775 million tonnes in the same period of 2024. Concurrently, the EU’s gross domestic product rose by 1.3 percent, reinforcing the ongoing decoupling between economic growth and environmental impact.

Sector-By-Sector Performance

Within the broader statistics on emissions by economic activity, the energy sector—specifically electricity, gas, steam, and air conditioning supply—experienced the most significant drop, declining by 2.9 percent. In comparison, the manufacturing sector and transportation and storage both achieved a 0.4 percent reduction. However, household emissions bucked the trend, increasing by 1.0 percent over the same period.

National Highlights And Notable Exceptions

Among EU member states, 12 reported a reduction in emissions, while 14 saw increases, and Estonia’s figures remained static. Notably, Slovenia, the Netherlands, and Finland recorded the most pronounced declines at 8.6 percent, 5.9 percent, and 4.2 percent respectively. Of the 12 countries reducing emissions, three—Finland, Germany, and Luxembourg—also experienced a contraction in GDP growth.

Dual Achievement: Environmental And Economic Goals

In an encouraging development, nine member states, including Cyprus, managed to lower their emissions while maintaining economic expansion. This dual achievement—reducing environmental impact while fostering economic activity—is a trend that has increasingly influenced EU climate policies. Other nations that successfully balanced these outcomes include Austria, Denmark, France, Italy, the Netherlands, Romania, Slovenia, and Sweden.

Conclusion

As the EU continues to navigate its climate commitments, these quarterly insights underscore a gradual yet significant shift toward balancing emissions reductions with robust economic growth. The evolving landscape highlights the critical need for sustainable strategies that not only mitigate environmental risks but also invigorate economic resilience.

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