Cyprus has an estimated Population in 2010 of 798,045 and is part of the European Union. The currency used is the (€)Euro. According to the IMF in 2009 the Cyprus economy ranks 108th in the world with a GDP PPP of 22.7 billion. The Cyprus GDP PPP per capita is $28,504 which ranks 29th in the world. According to CIA.gov its inflation was 4.7% in 2008 and .4% in 2009.