GDP Deflator — Value US$, 2015 prices in Cyprus
Cyprus: GDP Deflator — Value US$, 2015 prices was 117.14 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Cyprus, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Cyprus recorded 117.14 USD for gdp deflator — value us$, 2015 prices in 2024.
The figure is up 3.6% on the previous year and down 2.9% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Cyprus peaked at 129.48 USD in 2008 and was at its lowest, 16.48 USD, in 1970.
Cyprus ranks 119th of 222 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Cyprus, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 16.48 USD | — |
| 1971 | 17.08 USD | +3.6% |
| 1972 | 19.44 USD | +13.8% |
| 1973 | 23.07 USD | +18.7% |
| 1974 | 24.6 USD | +6.6% |
| 1975 | 25.33 USD | +3.0% |
| 1976 | 24.83 USD | -2.0% |
| 1977 | 27.33 USD | +10.1% |
| 1978 | 33.22 USD | +21.5% |
| 1979 | 39.61 USD | +19.2% |
| 1980 | 45.33 USD | +14.4% |
| 1981 | 42.45 USD | -6.3% |
| 1982 | 41.42 USD | -2.4% |
| 1983 | 39.37 USD | -4.9% |
| 1984 | 38.1 USD | -3.2% |
| 1985 | 38.71 USD | +1.6% |
| 1986 | 47.65 USD | +23.1% |
| 1987 | 53.33 USD | +11.9% |
| 1988 | 56.82 USD | +6.5% |
| 1989 | 56.16 USD | -1.2% |
| 1990 | 63.76 USD | +13.5% |
| 1991 | 65.37 USD | +2.5% |
| 1992 | 71.59 USD | +9.5% |
| 1993 | 67.82 USD | -5.3% |
| 1994 | 72.19 USD | +6.5% |
| 1995 | 77.61 USD | +7.5% |
| 1996 | 77.25 USD | -0.5% |
| 1997 | 72.83 USD | -5.7% |
| 1998 | 74.09 USD | +1.7% |
| 1999 | 72.35 USD | -2.3% |
| 2000 | 65.4 USD | -9.6% |
| 2001 | 65.39 USD | -0.0% |
| 2002 | 69.14 USD | +5.7% |
| 2003 | 84.69 USD | +22.5% |
| 2004 | 96.43 USD | +13.9% |
| 2005 | 100.2 USD | +3.9% |
| 2006 | 104.64 USD | +4.4% |
| 2007 | 115.98 USD | +10.8% |
| 2008 | 129.48 USD | +11.6% |
| 2009 | 123.12 USD | -4.9% |
| 2010 | 119.22 USD | -3.2% |
| 2011 | 127.2 USD | +6.7% |
| 2012 | 119.38 USD | -6.1% |
| 2013 | 122.25 USD | +2.4% |
| 2014 | 120.65 USD | -1.3% |
| 2015 | 100 USD | -17.1% |
| 2016 | 99.19 USD | -0.8% |
| 2017 | 102.27 USD | +3.1% |
| 2018 | 108 USD | +5.6% |
| 2019 | 103.76 USD | -3.9% |
| 2020 | 104.59 USD | +0.8% |
| 2021 | 111.6 USD | +6.7% |
| 2022 | 106.01 USD | -5.0% |
| 2023 | 113.02 USD | +6.6% |
| 2024 | 117.14 USD | +3.6% |
Cyprus compared with similar countries
- Cyprus's 117.14 USD is below the median for high income countries, which is 121.8 USD, 96% of the median. (68 countries reporting)
- Cyprus's 117.14 USD is below the median for Europe & Central Asia, which is 125.65 USD, 93% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.1 USD | 16.48 USD | 39.61 USD | 10 |
| 1980s | 45.93 USD | 38.1 USD | 56.82 USD | 10 |
| 1990s | 71.49 USD | 63.76 USD | 77.61 USD | 10 |
| 2000s | 95.45 USD | 65.39 USD | 129.48 USD | 10 |
| 2010s | 112.19 USD | 99.19 USD | 127.2 USD | 10 |
| 2020s | 110.47 USD | 104.59 USD | 117.14 USD | 5 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Cyprus?
- Gdp deflator — value us$, 2015 prices in Cyprus was 117.14 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Cyprus?
- The highest recorded value was 129.48 USD in 2008.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Cyprus?
- The lowest recorded value was 16.48 USD in 1970.
- How does Cyprus rank for gdp deflator — value us$, 2015 prices?
- Cyprus ranks 119th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Cyprus?
- Over the last ten years it is down 2.9%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).