Divergence of GDP per capita among latecomers to the capitalist revolution in Cyprus
Cyprus: Divergence of GDP per capita among latecomers to the capitalist revolution was 27,184 2011$ in 2018. ◆ Volatile
Latest (2018)
27,184 2011$
Change on year
up 2.8%
World rank
39th
of 145 countries
All-time high
28,737 2011$
in 2008
All-time low
2,782 2011$
in 1951
Years of data
69
1950–2018
Divergence of GDP per capita among latecomers to the capitalist revolution in Cyprus, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
Cyprus recorded 27,184 2011$ for divergence of gdp per capita among latecomers to the capitalist revolution in 2018.
That represents a change of up 2.8% on the previous year and down 5.4% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Cyprus peaked at 28,737 2011$ in 2008 and was at its lowest, 2,782 2011$, in 1951.
Cyprus ranks 39th of 145 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Divergence of GDP per capita among latecomers to the capitalist revolution in Cyprus, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 2,885 2011$ | — |
| 1951 | 2,782 2011$ | -3.6% |
| 1952 | 3,017 2011$ | +8.4% |
| 1953 | 3,274 2011$ | +8.5% |
| 1954 | 3,287 2011$ | +0.4% |
| 1955 | 3,360 2011$ | +2.2% |
| 1956 | 3,688 2011$ | +9.8% |
| 1957 | 3,848 2011$ | +4.3% |
| 1958 | 3,660 2011$ | -4.9% |
| 1959 | 3,814 2011$ | +4.2% |
| 1960 | 3,496 2011$ | -8.3% |
| 1961 | 3,845 2011$ | +10.0% |
| 1962 | 4,211 2011$ | +9.5% |
| 1963 | 4,423 2011$ | +5.0% |
| 1964 | 3,971 2011$ | -10.2% |
| 1965 | 4,825 2011$ | +21.5% |
| 1966 | 5,083 2011$ | +5.3% |
| 1967 | 5,732 2011$ | +12.8% |
| 1968 | 5,947 2011$ | +3.8% |
| 1969 | 6,446 2011$ | +8.4% |
| 1970 | 6,590 2011$ | +2.2% |
| 1971 | 7,382 2011$ | +12.0% |
| 1972 | 7,809 2011$ | +5.8% |
| 1973 | 7,913 2011$ | +1.3% |
| 1974 | 6,503 2011$ | -17.8% |
| 1975 | 5,528 2011$ | -15.0% |
| 1976 | 6,652 2011$ | +20.3% |
| 1977 | 7,704 2011$ | +15.8% |
| 1978 | 8,257 2011$ | +7.2% |
| 1979 | 9,011 2011$ | +9.1% |
| 1980 | 9,451 2011$ | +4.9% |
| 1981 | 9,631 2011$ | +1.9% |
| 1982 | 10,131 2011$ | +5.2% |
| 1983 | 10,544 2011$ | +4.1% |
| 1984 | 11,330 2011$ | +7.5% |
| 1985 | 11,725 2011$ | +3.5% |
| 1986 | 12,121 2011$ | +3.4% |
| 1987 | 12,792 2011$ | +5.5% |
| 1988 | 13,748 2011$ | +7.5% |
| 1989 | 14,712 2011$ | +7.0% |
| 1990 | 15,560 2011$ | +5.8% |
| 1991 | 15,417 2011$ | -0.9% |
| 1992 | 16,570 2011$ | +7.5% |
| 1993 | 16,439 2011$ | -0.8% |
| 1994 | 17,211 2011$ | +4.7% |
| 1995 | 18,752 2011$ | +9.0% |
| 1996 | 18,875 2011$ | +0.7% |
| 1997 | 19,265 2011$ | +2.1% |
| 1998 | 20,213 2011$ | +4.9% |
| 1999 | 21,148 2011$ | +4.6% |
| 2000 | 22,327 2011$ | +5.6% |
| 2001 | 23,096 2011$ | +3.4% |
| 2002 | 23,828 2011$ | +3.2% |
| 2003 | 24,347 2011$ | +2.2% |
| 2004 | 25,355 2011$ | +4.1% |
| 2005 | 26,164 2011$ | +3.2% |
| 2006 | 27,142 2011$ | +3.7% |
| 2007 | 28,110 2011$ | +3.6% |
| 2008 | 28,737 2011$ | +2.2% |
| 2009 | 27,735 2011$ | -3.5% |
| 2010 | 27,630 2011$ | -0.4% |
| 2011 | 27,272 2011$ | -1.3% |
| 2012 | 26,011 2011$ | -4.6% |
| 2013 | 24,519 2011$ | -5.7% |
| 2014 | 24,411 2011$ | -0.4% |
| 2015 | 24,963 2011$ | +2.3% |
| 2016 | 25,577 2011$ | +2.5% |
| 2017 | 26,445 2011$ | +3.4% |
| 2018 | 27,184 2011$ | +2.8% |
Cyprus compared with similar countries
- Cyprus's 27,184 2011$ is below the median for high income countries, which is 35,336 2011$, 77% of the median. (51 countries reporting)
- Cyprus's 27,184 2011$ is above the median for Europe & Central Asia, which is 27,056 2011$, 1.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 3,362 2011$ | 2,782 2011$ | 3,848 2011$ | 10 |
| 1960s | 4,798 2011$ | 3,496 2011$ | 6,446 2011$ | 10 |
| 1970s | 7,335 2011$ | 5,528 2011$ | 9,011 2011$ | 10 |
| 1980s | 11,618 2011$ | 9,451 2011$ | 14,712 2011$ | 10 |
| 1990s | 17,945 2011$ | 15,417 2011$ | 21,148 2011$ | 10 |
| 2000s | 25,684 2011$ | 22,327 2011$ | 28,737 2011$ | 10 |
| 2010s | 26,001 2011$ | 24,411 2011$ | 27,630 2011$ | 9 |
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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Cyprus?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Cyprus was 27,184 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Cyprus?
- The highest recorded value was 28,737 2011$ in 2008.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Cyprus?
- The lowest recorded value was 2,782 2011$ in 1951.
- How does Cyprus rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Cyprus ranks 39th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Cyprus?
- Over the last ten years it is down 5.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]