Annual growth rate of real GDP per capita in Cyprus
Cyprus: Annual growth rate of real GDP per capita was 2.9% in 2024. ◆ Volatile
Latest (2024)
2.9%
Change on year
up 61.1%
World rank
84th
of 226 countries
All-time high
10.4%
in 2021
All-time low
-6.4%
in 2013
Years of data
25
2000–2024
Annual growth rate of real GDP per capita in Cyprus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Cyprus recorded 2.9% for annual growth rate of real gdp per capita in 2024.
The figure is up 61.1% on the previous year and up 514.3% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Cyprus peaked at 10.4% in 2021 and was at its lowest, -6.4%, in 2013.
Cyprus ranks 84th of 226 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.9% | — |
| 2001 | 2.8% | -42.9% |
| 2002 | 2.5% | -10.7% |
| 2003 | 1.4% | -44.0% |
| 2004 | 3.6% | +157.1% |
| 2005 | 3.4% | -5.6% |
| 2006 | 3.0% | -11.8% |
| 2007 | 2.9% | -3.3% |
| 2008 | 1.1% | -62.1% |
| 2009 | -4.6% | -518.2% |
| 2010 | -0.4% | -91.3% |
| 2011 | -2.1% | +425.0% |
| 2012 | -4.9% | +133.3% |
| 2013 | -6.4% | +30.6% |
| 2014 | -0.7% | -89.1% |
| 2015 | 4.0% | -671.4% |
| 2016 | 6.1% | +52.5% |
| 2017 | 4.8% | -21.3% |
| 2018 | 5.0% | +4.2% |
| 2019 | 5.2% | +4.0% |
| 2020 | -4.5% | -186.5% |
| 2021 | 10.4% | -331.1% |
| 2022 | 7.2% | -30.8% |
| 2023 | 1.8% | -75.0% |
| 2024 | 2.9% | +61.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.1% | -4.6% | 4.9% | 10 |
| 2010s | 1.1% | -6.4% | 6.1% | 10 |
| 2020s | 3.6% | -4.5% | 10.4% | 5 |
Countries ranked near Cyprus
- 84 Bahamas 2.9% compare
- 84 Lao People's Democratic Republic 2.9% compare
- 84 Türkiye 2.9% compare
- 84 Lao People's Democratic Republic 2.9% compare
- 84 Türkiye 2.9% compare
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)
- Total reserves minus gold (current US$), annual growth rate 8.53 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0242 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 729.18 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1848 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,559 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.36 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1636 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Cyprus?
- Annual growth rate of real gdp per capita in Cyprus was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Cyprus?
- The highest recorded value was 10.4% in 2021.
- What is the lowest annual growth rate of real gdp per capita recorded in Cyprus?
- The lowest recorded value was -6.4% in 2013.
- How does Cyprus rank for annual growth rate of real gdp per capita?
- Cyprus ranks 84th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Cyprus?
- Over the last ten years it is up 514.3%. 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 rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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