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
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 228 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% |
Cyprus compared with similar countries
- Cyprus's 2.9% is above the median for high income countries, which is 1.4%, 2.0× the median. (74 countries reporting)
- Cyprus's 2.9% is above the median for Europe & Central Asia, which is 2.2%, 1.3× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) 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 |
|---|---|---|---|
| 2015 | +671.4% | -0.7% | 4.0% |
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
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 228 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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