Tag Archives: Cyprus

According to allcountrylist, Cyprus is an island country located in the Eastern Mediterranean. The economy of Cyprus is largely based on services, which accounts for around 80% of its GDP. This sector includes activities such as banking and finance, telecommunications, health care and tourism. The country is also known for its production of copper and other minerals, as well as food products which are exported to other countries. The manufacturing sector makes up around 10% of Cyprus’ GDP and includes industries such as shipbuilding, pharmaceuticals and electronics. Additionally, the agricultural sector makes up around 5% of the country’s total GDP with activities such as livestock production and forestry making up most of this sector. Tourism is an increasingly important component of Cyprus’ economy with millions of tourists visiting each year due to its stunning beaches and historic cities. Foreign direct investment has also been on the rise in recent years with investors seeking access to Cyprus’ markets and resources. Finally, energy is an important part of Cyprus’ economy with oil making up most of the country’s energy sources followed by coal, natural gas and hydroelectricity. Cyprus has a long and varied history of agriculture, with evidence of farming practices dating back to the Neolithic period. During this time, the island’s inhabitants cultivated wheat, barley, chickpeas and lentils. As early as the 8th century BC, they were also cultivating olives, grapes and figs. The Phoenicians introduced new crops such as sesame and cotton while the Greeks brought citrus fruits and vines. By the 3rd century BC, Cyprus had become an important hub for trading agricultural products throughout the Mediterranean region. In the centuries that followed, Cyprus underwent a series of conquests by various empires including the Romans, Byzantines and Ottomans. This resulted in a variety of cultural influences on local farming practices which included new techniques for irrigating fields or growing specific crops such as cotton or flax. Despite these changes however, traditional methods of crop cultivation remained largely unchanged until modern times. During British rule in the late 19th century, large-scale mechanization was introduced to Cypriot agriculture which allowed for increased production. This was accompanied by various reforms aimed at improving land tenure security for farmers which helped to further promote agricultural growth on the island. After independence in 1960 however, many farmers began to struggle due to a lack of government support or access to markets abroad. In more recent years there has been an effort to modernize Cypriot agriculture through investments in new technologies and infrastructure improvements such as irrigation systems or greenhouses. Additionally there have been initiatives aimed at promoting organic farming practices which are more sustainable than traditional methods while still providing high-quality produce for local consumption or export markets abroad. Today Cyprus is well known for its production of fruits such as oranges and lemons as well as vegetables like potatoes and tomatoes which are exported around Europe every year. See itypeusa for Cyprus State Overview.