GDP in Cyprus
Cyprus: GDP was 29.42 billion in 2024. β Volatile
Latest (2024)
29.42 billion
Change on year
up 3.9%
World rank
62nd
of 74 countries
All-time high
29.42 billion
in 2024
All-time low
2.87 billion
in 1975
Years of data
50
1975β2024
GDP in Cyprus, 1975β2024
Source: UNICEF.
Analysis
Cyprus recorded 29.42 billion for gdp in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 64.9% over ten years.
Over the whole period, gdp in Cyprus peaked at 29.42 billion in 2024 and was at its lowest, 2.87 billion, in 1975.
That places Cyprus 62nd out of 74 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.89 billion | 2.87 billion | 4.76 billion | 5 |
| 1980s | 6.50 billion | 5.03 billion | 8.58 billion | 10 |
| 1990s | 11.21 billion | 9.22 billion | 13.59 billion | 10 |
| 2000s | 17.24 billion | 14.40 billion | 20.01 billion | 10 |
| 2010s | 20.01 billion | 17.84 billion | 23.40 billion | 10 |
| 2020s | 26.58 billion | 22.65 billion | 29.42 billion | 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)
- Taxes less subsidies on products (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0964 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,899 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.59 (2007)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.6286 (2007)
- Domestic currency per US dollar (End-of-period (EoP)) 0.3978 (2007)
- US dollar per domestic currency (End-of-period (EoP)) 2.51 (2007)
- Gdp worldbank constant usd, annual growth rate 3.77 % change on previous year (2025)
Frequently asked questions
- What is gdp in Cyprus?
- Gdp in Cyprus was 29.42 billion in 2024, according to UNICEF.
- What is the highest gdp recorded in Cyprus?
- The highest recorded value was 29.42 billion in 2024.
- What is the lowest gdp recorded in Cyprus?
- The lowest recorded value was 2.87 billion in 1975.
- How does Cyprus rank for gdp?
- Cyprus ranks 62nd out of 74 countries with data for 2024.
- Is gdp rising or falling in Cyprus?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from UNICEF, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 50 observations, free to reuse under UNICEF Terms of Use (attribution required).