A six monthly Eurobarometer survey, published Tuesday, shows that 97% of respondents from Cyprus consider the economic situation of their country bad or very bad.
A mere 2% expresses a more optimistic opinion.
The EU average at that question is 72% on the negative side and 26% on the positive.
At the same time Cypriots surveyed remain divided on the euro, with those supporting it and those against it recorded at an even 47% respectively.
Cypriots were more pessimistic in relation to their other European counterparts as regards the next 12 months, with 67% predicting a worsening of the economic situation as opposed to an 11% of respondents who feel that there will be an improvement.
The EU average as regards the situation over the next 12 months was 34% and 18% respectively.
As far as their household is concerned, 41% of the Cypriots asked describe it as good, while 58% as bad. The average response for the EU is 63% for good and 35% for bad.
At the same time 49% of Cypriot participants to the survey foresee a deterioration of their household situation in the next 12 months, 6% foresees an improvement, while 41% feels that things will remain unchanged.
Things are overwhelmingly bad on the matter of work, with 97% of Cypriot respondents describing the situation as bad, while the EU average for the same answer is 80%.
Over the next 12 months 6% of people in Cyprus participating to the survey see an improvement while by contrast 77% predicts a deterioration of the work situation.
A total of 59% of Cypriot respondents feels that things are not moving in the right direction, while 15% feels that they are.
As far as trusting the government is concerned, 25% of participants have confidence in the government, while 66% said they did not. An EU average answer to that question is 25% and 71% respectively.
Cypriots participating in the survey have no trust in political parties by 87% with only 10% replying that they do.
The Eurobarometer survey was conducted through personal interviews between May 10 and 26, with 32,697 people participating from 27 EU member states and candidate member states.