GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cyprus
Cyprus: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.54 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cyprus, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Cyprus stood at 3.54 % change on previous year.
The figure is down 7.6% on the previous year and up 364.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Cyprus peaked at 13.99 % change on previous year in 1980 and was at its lowest, -1.34 % change on previous year, in 2014.
Cyprus ranks 111th of 209 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 Deflator — Value Standard Local Currency, 2015 prices, annual in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.16 % change on previous year | — |
| 1972 | 6.28 % change on previous year | +191.0% |
| 1973 | 8.28 % change on previous year | +31.9% |
| 1974 | 11.13 % change on previous year | +34.4% |
| 1975 | 4.17 % change on previous year | -62.5% |
| 1976 | 9.04 % change on previous year | +116.6% |
| 1977 | 9.45 % change on previous year | +4.5% |
| 1978 | 11.23 % change on previous year | +18.9% |
| 1979 | 13.15 % change on previous year | +17.1% |
| 1980 | 13.99 % change on previous year | +6.4% |
| 1981 | 11.79 % change on previous year | -15.7% |
| 1982 | 10.07 % change on previous year | -14.6% |
| 1983 | 5.31 % change on previous year | -47.3% |
| 1984 | 8.12 % change on previous year | +52.9% |
| 1985 | 5.76 % change on previous year | -29.0% |
| 1986 | 4.12 % change on previous year | -28.4% |
| 1987 | 3.92 % change on previous year | -4.9% |
| 1988 | 3.34 % change on previous year | -14.8% |
| 1989 | 4.77 % change on previous year | +42.6% |
| 1990 | 5.14 % change on previous year | +7.9% |
| 1991 | 3.95 % change on previous year | -23.1% |
| 1992 | 6 % change on previous year | +51.8% |
| 1993 | 4.81 % change on previous year | -19.9% |
| 1994 | 5.33 % change on previous year | +10.9% |
| 1995 | -1.18 % change on previous year | -122.2% |
| 1996 | 2.59 % change on previous year | -319.0% |
| 1997 | 3.9 % change on previous year | +50.5% |
| 1998 | 2.51 % change on previous year | -35.6% |
| 1999 | 2.39 % change on previous year | -4.8% |
| 2000 | 3.62 % change on previous year | +51.7% |
| 2001 | 3.31 % change on previous year | -8.8% |
| 2002 | 0.3995 % change on previous year | -87.9% |
| 2003 | 3.8 % change on previous year | +851.5% |
| 2004 | 3.11 % change on previous year | -18.3% |
| 2005 | 2.91 % change on previous year | -6.4% |
| 2006 | 3.27 % change on previous year | +12.6% |
| 2007 | 2.91 % change on previous year | -11.0% |
| 2008 | 4.26 % change on previous year | +46.2% |
| 2009 | 0.2634 % change on previous year | -93.8% |
| 2010 | 1.88 % change on previous year | +613.7% |
| 2011 | 1.62 % change on previous year | -14.0% |
| 2012 | 1.68 % change on previous year | +3.9% |
| 2013 | -0.938 % change on previous year | -155.9% |
| 2014 | -1.34 % change on previous year | +42.6% |
| 2015 | -0.7543 % change on previous year | -43.6% |
| 2016 | -0.5753 % change on previous year | -23.7% |
| 2017 | 1.02 % change on previous year | -277.3% |
| 2018 | 1.03 % change on previous year | +0.6% |
| 2019 | 1.35 % change on previous year | +31.5% |
| 2020 | -1.21 % change on previous year | -189.5% |
| 2021 | 3.04 % change on previous year | -351.9% |
| 2022 | 6.69 % change on previous year | +119.7% |
| 2023 | 3.83 % change on previous year | -42.7% |
| 2024 | 3.54 % change on previous year | -7.6% |
Cyprus compared with similar countries
- Cyprus's 3.54 % change on previous year is above the median for high income countries, which is 2.83 % change on previous year, 1.3× the median. (68 countries reporting)
- Cyprus's 3.54 % change on previous year is above the median for Europe & Central Asia, which is 3.37 % change on previous year, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2003 | +851.5% | 0.3995 % change on previous year | 3.8 % change on previous year |
| 2010 | +613.7% | 0.2634 % change on previous year | 1.88 % change on previous year |
| 2021 | +351.9% | -1.21 % change on previous year | 3.04 % change on previous year |
| 1996 | +319.0% | -1.18 % change on previous year | 2.59 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.32 % change on previous year | 2.16 % change on previous year | 13.15 % change on previous year | 9 |
| 1980s | 7.12 % change on previous year | 3.34 % change on previous year | 13.99 % change on previous year | 10 |
| 1990s | 3.55 % change on previous year | -1.18 % change on previous year | 6 % change on previous year | 10 |
| 2000s | 2.79 % change on previous year | 0.2634 % change on previous year | 4.26 % change on previous year | 10 |
| 2010s | 0.4967 % change on previous year | -1.34 % change on previous year | 1.88 % change on previous year | 10 |
| 2020s | 3.18 % change on previous year | -1.21 % change on previous year | 6.69 % change on previous year | 5 |
Countries ranked near Cyprus
- 108 Turkmenistan 3.61 % change on previous year compare
- 109 New Zealand 3.6 % change on previous year compare
- 110 Poland 3.59 % change on previous year compare
- 112 Montserrat 3.52 % change on previous year compare
- 113 Lithuania 3.39 % change on previous year compare
- 114 Ireland 3.34 % change on previous year 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)
- 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 deflator — value standard local currency, 2015 prices, annual in Cyprus?
- Gdp deflator — value standard local currency, 2015 prices, annual in Cyprus was 3.54 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cyprus?
- The highest recorded value was 13.99 % change on previous year in 1980.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cyprus?
- The lowest recorded value was -1.34 % change on previous year in 2014.
- How does Cyprus rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Cyprus ranks 111th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Cyprus?
- Over the last ten years it is up 364.5%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.