GDP Deflator — Value Standard Local Currency, 2015 prices in Cyprus
Cyprus: GDP Deflator — Value Standard Local Currency, 2015 prices was 120.07 SLC in 2024. ▲ Rising
GDP Deflator — Value Standard Local Currency, 2015 prices in Cyprus, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Cyprus is 120.07 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.5% on the previous year and up 19.2% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Cyprus peaked at 120.07 SLC in 2024 and was at its lowest, 13.02 SLC, in 1970.
That places Cyprus 163rd out of 209 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value Standard Local Currency, 2015 prices in Cyprus, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 13.02 SLC | — |
| 1971 | 13.3 SLC | +2.2% |
| 1972 | 14.13 SLC | +6.3% |
| 1973 | 15.3 SLC | +8.3% |
| 1974 | 17.01 SLC | +11.1% |
| 1975 | 17.72 SLC | +4.2% |
| 1976 | 19.32 SLC | +9.0% |
| 1977 | 21.15 SLC | +9.5% |
| 1978 | 23.52 SLC | +11.2% |
| 1979 | 26.61 SLC | +13.1% |
| 1980 | 30.34 SLC | +14.0% |
| 1981 | 33.91 SLC | +11.8% |
| 1982 | 37.33 SLC | +10.1% |
| 1983 | 39.31 SLC | +5.3% |
| 1984 | 42.5 SLC | +8.1% |
| 1985 | 44.95 SLC | +5.8% |
| 1986 | 46.8 SLC | +4.1% |
| 1987 | 48.64 SLC | +3.9% |
| 1988 | 50.26 SLC | +3.3% |
| 1989 | 52.66 SLC | +4.8% |
| 1990 | 55.37 SLC | +5.1% |
| 1991 | 57.56 SLC | +4.0% |
| 1992 | 61.01 SLC | +6.0% |
| 1993 | 63.95 SLC | +4.8% |
| 1994 | 67.36 SLC | +5.3% |
| 1995 | 66.56 SLC | -1.2% |
| 1996 | 68.29 SLC | +2.6% |
| 1997 | 70.95 SLC | +3.9% |
| 1998 | 72.73 SLC | +2.5% |
| 1999 | 74.47 SLC | +2.4% |
| 2000 | 77.17 SLC | +3.6% |
| 2001 | 79.72 SLC | +3.3% |
| 2002 | 80.04 SLC | +0.4% |
| 2003 | 83.08 SLC | +3.8% |
| 2004 | 85.66 SLC | +3.1% |
| 2005 | 88.15 SLC | +2.9% |
| 2006 | 91.03 SLC | +3.3% |
| 2007 | 93.69 SLC | +2.9% |
| 2008 | 97.68 SLC | +4.3% |
| 2009 | 97.94 SLC | +0.3% |
| 2010 | 99.78 SLC | +1.9% |
| 2011 | 101.39 SLC | +1.6% |
| 2012 | 103.09 SLC | +1.7% |
| 2013 | 102.13 SLC | -0.9% |
| 2014 | 100.76 SLC | -1.3% |
| 2015 | 100 SLC | -0.8% |
| 2016 | 99.42 SLC | -0.6% |
| 2017 | 100.44 SLC | +1.0% |
| 2018 | 101.47 SLC | +1.0% |
| 2019 | 102.84 SLC | +1.4% |
| 2020 | 101.6 SLC | -1.2% |
| 2021 | 104.69 SLC | +3.0% |
| 2022 | 111.69 SLC | +6.7% |
| 2023 | 115.97 SLC | +3.8% |
| 2024 | 120.07 SLC | +3.5% |
Cyprus compared with similar countries
- Cyprus's 120.07 SLC is below the median for high income countries, which is 126.04 SLC, 95% of the median. (68 countries reporting)
- Cyprus's 120.07 SLC is below the median for Europe & Central Asia, which is 134.77 SLC, 89% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.11 SLC | 13.02 SLC | 26.61 SLC | 10 |
| 1980s | 42.67 SLC | 30.34 SLC | 52.66 SLC | 10 |
| 1990s | 65.82 SLC | 55.37 SLC | 74.47 SLC | 10 |
| 2000s | 87.41 SLC | 77.17 SLC | 97.94 SLC | 10 |
| 2010s | 101.13 SLC | 99.42 SLC | 103.09 SLC | 10 |
| 2020s | 110.8 SLC | 101.6 SLC | 120.07 SLC | 5 |
Countries ranked near Cyprus
- 160 Costa Rica 120.48 SLC compare
- 161 Ireland 120.21 SLC compare
- 162 San Marino 120.19 SLC compare
- 164 France 119.94 SLC compare
- 165 Italy 119.89 SLC compare
- 166 Saint Lucia 119.63 SLC 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Cyprus?
- Gdp deflator — value standard local currency, 2015 prices in Cyprus was 120.07 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Cyprus?
- The highest recorded value was 120.07 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Cyprus?
- The lowest recorded value was 13.02 SLC in 1970.
- How does Cyprus rank for gdp deflator — value standard local currency, 2015 prices?
- Cyprus ranks 163rd out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Cyprus?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).