GDP in Cyprus
Cyprus: GDP was 41.23 billion current US$ in 2025. ◆ Volatile
GDP in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Cyprus recorded 41.23 billion current US$ for gdp in 2025. That is the highest value across all 51 years on record.
The figure is up 9.5% on the previous year and up 107.1% over ten years.
Over the whole period, gdp in Cyprus peaked at 41.23 billion current US$ in 2025 and was at its lowest, 489.91 million current US$, in 1975.
Cyprus ranks 105th of 214 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 489.91 million current US$ | — |
| 1976 | 576.09 million current US$ | +17.6% |
| 1977 | 734.88 million current US$ | +27.6% |
| 1978 | 964.02 million current US$ | +31.2% |
| 1979 | 1.29 billion current US$ | +33.7% |
| 1980 | 2.15 billion current US$ | +67.2% |
| 1981 | 2.09 billion current US$ | -3.1% |
| 1982 | 2.16 billion current US$ | +3.4% |
| 1983 | 2.16 billion current US$ | +0.1% |
| 1984 | 2.28 billion current US$ | +5.5% |
| 1985 | 2.43 billion current US$ | +6.7% |
| 1986 | 3.09 billion current US$ | +27.2% |
| 1987 | 3.70 billion current US$ | +19.9% |
| 1988 | 4.28 billion current US$ | +15.5% |
| 1989 | 4.56 billion current US$ | +6.7% |
| 1990 | 5.59 billion current US$ | +22.5% |
| 1991 | 5.77 billion current US$ | +3.2% |
| 1992 | 6.91 billion current US$ | +19.8% |
| 1993 | 6.59 billion current US$ | -4.7% |
| 1994 | 7.43 billion current US$ | +12.7% |
| 1995 | 9.93 billion current US$ | +33.8% |
| 1996 | 10.01 billion current US$ | +0.8% |
| 1997 | 9.55 billion current US$ | -4.6% |
| 1998 | 10.25 billion current US$ | +7.3% |
| 1999 | 10.50 billion current US$ | +2.4% |
| 2000 | 9.99 billion current US$ | -4.9% |
| 2001 | 10.40 billion current US$ | +4.1% |
| 2002 | 11.42 billion current US$ | +9.8% |
| 2003 | 14.55 billion current US$ | +27.4% |
| 2004 | 17.32 billion current US$ | +19.1% |
| 2005 | 18.43 billion current US$ | +6.4% |
| 2006 | 20.07 billion current US$ | +8.9% |
| 2007 | 23.97 billion current US$ | +19.4% |
| 2008 | 27.96 billion current US$ | +16.6% |
| 2009 | 26.05 billion current US$ | -6.8% |
| 2010 | 25.80 billion current US$ | -1.0% |
| 2011 | 27.64 billion current US$ | +7.1% |
| 2012 | 25.05 billion current US$ | -9.4% |
| 2013 | 23.96 billion current US$ | -4.3% |
| 2014 | 23.23 billion current US$ | -3.1% |
| 2015 | 19.91 billion current US$ | -14.3% |
| 2016 | 21.05 billion current US$ | +5.7% |
| 2017 | 22.95 billion current US$ | +9.0% |
| 2018 | 25.75 billion current US$ | +12.2% |
| 2019 | 26.20 billion current US$ | +1.7% |
| 2020 | 25.56 billion current US$ | -2.4% |
| 2021 | 30.37 billion current US$ | +18.9% |
| 2022 | 31.22 billion current US$ | +2.8% |
| 2023 | 35.08 billion current US$ | +12.4% |
| 2024 | 37.63 billion current US$ | +7.3% |
| 2025 | 41.23 billion current US$ | +9.5% |
Cyprus compared with similar countries
- Cyprus's 41.23 billion current US$ is below the median for high income countries, which is 102.03 billion current US$, 40% of the median. (82 countries reporting)
- Cyprus's 41.23 billion current US$ is below the median for Europe & Central Asia, which is 103.11 billion current US$, 40% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 810.72 million current US$ | 489.91 million current US$ | 1.29 billion current US$ | 5 |
| 1980s | 2.89 billion current US$ | 2.09 billion current US$ | 4.56 billion current US$ | 10 |
| 1990s | 8.25 billion current US$ | 5.59 billion current US$ | 10.50 billion current US$ | 10 |
| 2000s | 18.02 billion current US$ | 9.99 billion current US$ | 27.96 billion current US$ | 10 |
| 2010s | 24.15 billion current US$ | 19.91 billion current US$ | 27.64 billion current US$ | 10 |
| 2020s | 33.51 billion current US$ | 25.56 billion current US$ | 41.23 billion current US$ | 6 |
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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gdp in Cyprus?
- Gdp in Cyprus was 41.23 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Cyprus?
- The highest recorded value was 41.23 billion current US$ in 2025.
- What is the lowest gdp recorded in Cyprus?
- The lowest recorded value was 489.91 million current US$ in 1975.
- How does Cyprus rank for gdp?
- Cyprus ranks 105th out of 214 countries with data for 2025.
- Is gdp rising or falling in Cyprus?
- Over the last ten years it is up 107.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.