Cyprus GDP up 3.6% in 4Q06

Cyprus Gross Domestic Product grew 3.6% YoY in the fourth quarter of 2006 according to Eurostat, while on a quarter-to-quarter basis, the GDP growth rate was 0.7% compared to 0.9% of the EU average. The average EU growth rate in the 4Q was 3.4% while the eurozone growth rate was 3.3% in the fourth quarter.

Estonia registered the highest growth of 11.2%, followed by Slovakia 9.6%, Lithuania 7% and Poland with 6.6%.