Turkish Cypriot Community’s Household Budget Survey
At an estimated US$ 3.7 billion in 2019, the size of the economy of the Turkish Cypriot community (TCc) is about 15 percent of the economy of the government-controlled areas of the Republic of Cyprus (RoC). Slightly over half of this difference is explained by differences in their respective populations (At about 372 thousand, the population of the TCc is about 42 percent of the RoC according to the latest estimates for 2018).