Cyprus Business Now: surplus, household income, debt levels, ICT threats, hotels

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday by the Cyprus statistical service (Cystat).

This means that Cypriot households had more money left to spend or save after paying taxes and receiving any government benefits, compared with the previous year.

This also includes the income of