WORLD PRESS TRENDS - World Association of Newspapers

CYPRUS
Main economic indicators 1994-2000
1994 1995 1996 1997 1998 1999 2000
1 US$= 0.62
Gross Domestic Product (C£ million)
at current prices 3,651 3,990 4,135 4,377 4,638 4,897 -
% change 11.5 9.3 3.6 5.9 6.0 5.6 -
at 2000 prices 4,366 4,605 4,632 4,734 4,906 5,101 -
% change 12.4 5.5 0.6 2.2 3.6 4.0 -
Gross Domestic Product per capita (C£)
at current prices 5,001 5,466 5,587 5,685 6,023 6,278 -
at 2000 prices 5,980 6,308 6,260 6,148 6,371 6,539 -
Population
Millions 0.7 0.7 0.7 0.8 0.8 0.8 -
Consumer Price Index
2000=100 83.6 86.7 89.3 92.5 94.5 96.0 100.0
% change 3.3 3.6 3.0 3.6 2.2 1.6 4.2
Ad.spend as a % of GDP
0.88 1.00 1.02 1.19 1.18 1.65 -
Advertising Expenditure Growth (%)
at current prices 14.2 24.2 5.0 24.0 5.2 47.4 -
at 2000 prices 10.5 19.9 1.9 19.7 2.9 45.2 -
Source: IFS, ZenithOptimedia
Research
Circulation is audited by: ‘Papyrus’ General Distribution Press
Agency Ltd, and other distributors.
Taxes
VAT on:
sales 0 advertising 10%
newsprint 10% plant 10%
(standard VAT rate 10%)
Corporation tax is 20% on the first C£100,000 of profits and 25%
after this.
Discounts
on:
post 50% rail 0
telephone 50% telegraph 50%
telex 50%
WORLD ASSOCIATION OF NEWSPAPERS - WORLD PRESS TRENDS 2003 99