Annual growth of exports of goods and services in Cyprus
Cyprus: Annual growth of exports of goods and services was 6.1% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Cyprus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Cyprus recorded 6.1% for annual growth of exports of goods and services in 2024.
That represents a change of up 473.3% on the previous year and down 3.4% over ten years.
Over the whole period, annual growth of exports of goods and services in Cyprus peaked at 27.5% in 2022 and was at its lowest, -4.7%, in 2009.
That places Cyprus 67th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 8.8% | — |
| 2001 | 1.8% | -79.9% |
| 2002 | -3.5% | -298.7% |
| 2003 | -2.9% | -17.2% |
| 2004 | 3.2% | -210.1% |
| 2005 | 3.1% | -3.1% |
| 2006 | 2.3% | -25.5% |
| 2007 | 5.4% | +132.9% |
| 2008 | -0.6% | -110.5% |
| 2009 | -4.7% | +724.2% |
| 2010 | 6.3% | -236.0% |
| 2011 | 7.0% | +10.9% |
| 2012 | -0.6% | -108.2% |
| 2013 | 1.1% | -295.3% |
| 2014 | 6.3% | +460.6% |
| 2015 | 8.9% | +41.8% |
| 2016 | 7.2% | -19.1% |
| 2017 | 11.0% | +52.1% |
| 2018 | 7.2% | -34.3% |
| 2019 | 8.7% | +20.8% |
| 2020 | 1.6% | -81.2% |
| 2021 | 27.2% | +1559.8% |
| 2022 | 27.5% | +1.2% |
| 2023 | -1.6% | -105.9% |
| 2024 | 6.1% | -473.3% |
Cyprus compared with similar countries
- Cyprus's 6.1% is above the median for high income countries, which is 2.1%, 2.9× the median. (59 countries reporting)
- Cyprus's 6.1% is above the median for Europe & Central Asia, which is 1.2%, 4.9× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +1559.8% | 1.6% | 27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | -4.7% | 8.8% | 10 |
| 2010s | 6.3% | -0.6% | 11.0% | 10 |
| 2020s | 12.1% | -1.6% | 27.5% | 5 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is annual growth of exports of goods and services in Cyprus?
- Annual growth of exports of goods and services in Cyprus was 6.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Cyprus?
- The highest recorded value was 27.5% in 2022.
- What is the lowest annual growth of exports of goods and services recorded in Cyprus?
- The lowest recorded value was -4.7% in 2009.
- How does Cyprus rank for annual growth of exports of goods and services?
- Cyprus ranks 67th out of 186 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Cyprus?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
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