Cyprus vs Euro area
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Economy power of Cyprus & Euro area
World Rank 62
2.51
The Republic of Cyprus is an island nation located in the Mediterreanean Sea. It is the third largest and third most populous island in the sea. The total land coverage of the island (and the nation itself) is 9,251 square kilometers. In 2020, the approximate population of the republic was 1.2 million. As a result, their density was slightly below average at the level of 124 people per square kilometer.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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