Northern Cyprus
Economy
The economy of Northern Cyprus is dominated by the services sector (69% of GDP in 2007) which includes the public sector, trade, tourism and education. The revenues gained by the education sector in 2011 was $400 million. Industry (light manufacturing) contributes 22% of GDP and agriculture 9%. The economy of Northern Cyprus is based on a free market approach and it became the top country in Europe in entrepreneurial intent to start a new business in 2014.
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