Statistics Explained

Archive:Europe 2020 indicators - Cyprus

Data from July 2013. Most recent data: Further Eurostat information, Main tables.

This article is part of a set of statistical articles based on the Eurostat publication Smarter, greener, more inclusive - Indicators to support the Europe 2020 strategy. It provides recent statistics on the Europe 2020 strategy of the European Union (EU), focusing on the situation in Cyprus.

Figure 1: Distance to national targets and comparison with EU average - Source: Eurostat, see dedicated web section: Europe 2020 indicators dedicated website

Main statistical findings

Table 1: National Europe 2020 indicators: most recent data and targets - Source: Eurostat, see dedicated web section: Europe 2020 indicators dedicated website

With almost half of the 30 to 34 year olds having completed tertiary education in 2012, Cyprus exceeded its target of increasing tertiary education levels to at least 46 %. The country was also the closest to reaching its R&D expenditure target, with a gap of only 0.02 percentage points. The indicators GHG emissions and early leavers from education and training have also moved towards the Europe 2020 targets, although further progress is still necessary for these targets to be reached. Developments in the areas of social inclusion and renewable energy have been much less favourable. The country is still some distance from its target of reducing the number of people at risk of poverty or social exclusion; with the gap being considerably higher than for the EU average. As a result of the crisis, the employment rate dropped from 76.5 % in 2008 to 70.2 % in 2012, well below the national target but still ahead of the EU average. Although the share of renewable energy in Cyprus has increased from 2.6  % in 2005 to 5.4  % in 2011, there is still scope for improvement to achieve the national target of 13 %.

Data sources and availability

More information about the origin of the data and the calculation of indicators can be obtained via the Europe 2020 indicators dedicated website.

Under 'Tables', click on the icons next to the indicators:

  • 'Explanatory texts (metadata)' for a detailed overview of the collection and compilation methods;
  • 'Information on the leaf' for data availability per country.

A more general overview of quality procedures can be found in Implementation of standard reference metadata for indicators - the ESMS Indicator Profile (ESMS-IP) (PDF file).

Context

Measures implemented to meet the national targets

  • Employment: Promotion of different measures aimed at creating jobs including a Scheme for Job Placement and Training of Tertiary Education Graduates, subsidies for business for hiring young unemployed, providing incentives to employers for hiring long-term unemployed and the young, promotion of flexible work arrangement, enhancement of women and youth entrepreneurship and others.
  • Early school leaving: Implementation of action plans for the early identification of learning difficulties, special programmes for the integration of students from migrant backgrounds, promotion of programmes for vocational education.
  • Tertiary education: Increasing the compatibility between technical vocational education, training and the needs of the labour market, advancing expansion and modernisation of the higher education system, promoting student mobility.
  • R&D expenditure: Measures aimed at increasing cooperation between Universities, research centres and private industries, preparation of a Smart Specialisation Strategy for Research and Innovation.
  • Energy efficiency: Licencing of offshore hydrocarbon exploration activities with the potential to radically change the energy sector profile.
  • Renewable energy: Measures for offering 50 % subsidies on the cost of installing photovoltaic systems by households based on specific financial and social criteria, acceleration in the implementation of installation projects for photovoltaic parks.
  • Reduction in GHG emissions: Measures aimed at modernising and improving the efficiency of the transport system.

The European Commission's 2013 country-specific recommendations

To avoid duplication with the measures adopted by the European Commission, the European Central Bank and the International Monetary Fund under the Economic Adjustment Programme, no additional recommendations for Cyprus were issued in the framework of the European Semester. For more detailed information on recommendations under the Economic Adjustment Programme.

See also

Further Eurostat information

Publications

Main tables

Dedicated section

Methodology / Metadata

Other information

External links