GDP per capita in Cyprus
Cyprus: GDP per capita was 35,765 international-$ in 2021 prices in 2023. ◆ Volatile
GDP per capita in Cyprus, 1950–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gdp per capita in Cyprus stood at 35,765 international-$ in 2021 prices.
That represents a change of up 3.0% on the previous year and up 21.7% over ten years.
Over the whole period, gdp per capita in Cyprus peaked at 37,804 international-$ in 2021 prices in 2019 and was at its lowest, 3,371 international-$ in 2021 prices, in 1950.
Cyprus ranks 52nd of 184 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 per capita in Cyprus, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1950 | 3,371 international-$ in 2021 prices | — |
| 1951 | 3,493 international-$ in 2021 prices | +3.6% |
| 1952 | 3,832 international-$ in 2021 prices | +9.7% |
| 1953 | 4,243 international-$ in 2021 prices | +10.7% |
| 1954 | 4,640 international-$ in 2021 prices | +9.4% |
| 1955 | 4,716 international-$ in 2021 prices | +1.6% |
| 1956 | 5,225 international-$ in 2021 prices | +10.8% |
| 1957 | 5,223 international-$ in 2021 prices | -0.1% |
| 1958 | 4,540 international-$ in 2021 prices | -13.1% |
| 1959 | 4,732 international-$ in 2021 prices | +4.2% |
| 1960 | 4,431 international-$ in 2021 prices | -6.4% |
| 1961 | 4,921 international-$ in 2021 prices | +11.1% |
| 1962 | 5,787 international-$ in 2021 prices | +17.6% |
| 1963 | 5,808 international-$ in 2021 prices | +0.4% |
| 1964 | 4,960 international-$ in 2021 prices | -14.6% |
| 1965 | 6,285 international-$ in 2021 prices | +26.7% |
| 1966 | 6,534 international-$ in 2021 prices | +4.0% |
| 1967 | 7,213 international-$ in 2021 prices | +10.4% |
| 1968 | 7,411 international-$ in 2021 prices | +2.7% |
| 1969 | 8,354 international-$ in 2021 prices | +12.7% |
| 1970 | 8,584 international-$ in 2021 prices | +2.7% |
| 1971 | 9,326 international-$ in 2021 prices | +8.7% |
| 1972 | 9,700 international-$ in 2021 prices | +4.0% |
| 1973 | 9,561 international-$ in 2021 prices | -1.4% |
| 1974 | 9,462 international-$ in 2021 prices | -1.0% |
| 1975 | 7,838 international-$ in 2021 prices | -17.2% |
| 1976 | 9,938 international-$ in 2021 prices | +26.8% |
| 1977 | 12,424 international-$ in 2021 prices | +25.0% |
| 1978 | 13,727 international-$ in 2021 prices | +10.5% |
| 1979 | 15,634 international-$ in 2021 prices | +13.9% |
| 1980 | 16,586 international-$ in 2021 prices | +6.1% |
| 1981 | 16,557 international-$ in 2021 prices | -0.2% |
| 1982 | 17,650 international-$ in 2021 prices | +6.6% |
| 1983 | 18,352 international-$ in 2021 prices | +4.0% |
| 1984 | 20,133 international-$ in 2021 prices | +9.7% |
| 1985 | 19,648 international-$ in 2021 prices | -2.4% |
| 1986 | 19,828 international-$ in 2021 prices | +0.9% |
| 1987 | 21,205 international-$ in 2021 prices | +6.9% |
| 1988 | 22,251 international-$ in 2021 prices | +4.9% |
| 1989 | 24,397 international-$ in 2021 prices | +9.6% |
| 1990 | 24,924 international-$ in 2021 prices | +2.2% |
| 1991 | 23,831 international-$ in 2021 prices | -4.4% |
| 1992 | 24,692 international-$ in 2021 prices | +3.6% |
| 1993 | 23,967 international-$ in 2021 prices | -2.9% |
| 1994 | 24,737 international-$ in 2021 prices | +3.2% |
| 1995 | 25,894 international-$ in 2021 prices | +4.7% |
| 1996 | 25,326 international-$ in 2021 prices | -2.2% |
| 1997 | 25,730 international-$ in 2021 prices | +1.6% |
| 1998 | 25,346 international-$ in 2021 prices | -1.5% |
| 1999 | 27,000 international-$ in 2021 prices | +6.5% |
| 2000 | 30,759 international-$ in 2021 prices | +13.9% |
| 2001 | 31,830 international-$ in 2021 prices | +3.5% |
| 2002 | 30,803 international-$ in 2021 prices | -3.2% |
| 2003 | 28,050 international-$ in 2021 prices | -8.9% |
| 2004 | 28,507 international-$ in 2021 prices | +1.6% |
| 2005 | 31,115 international-$ in 2021 prices | +9.2% |
| 2006 | 31,854 international-$ in 2021 prices | +2.4% |
| 2007 | 32,080 international-$ in 2021 prices | +0.7% |
| 2008 | 35,401 international-$ in 2021 prices | +10.4% |
| 2009 | 35,674 international-$ in 2021 prices | +0.8% |
| 2010 | 36,123 international-$ in 2021 prices | +1.3% |
| 2011 | 33,090 international-$ in 2021 prices | -8.4% |
| 2012 | 33,449 international-$ in 2021 prices | +1.1% |
| 2013 | 29,388 international-$ in 2021 prices | -12.1% |
| 2014 | 28,107 international-$ in 2021 prices | -4.4% |
| 2015 | 30,164 international-$ in 2021 prices | +7.3% |
| 2016 | 32,932 international-$ in 2021 prices | +9.2% |
| 2017 | 33,548 international-$ in 2021 prices | +1.9% |
| 2018 | 32,620 international-$ in 2021 prices | -2.8% |
| 2019 | 37,804 international-$ in 2021 prices | +15.9% |
| 2020 | 34,900 international-$ in 2021 prices | -7.7% |
| 2021 | 36,161 international-$ in 2021 prices | +3.6% |
| 2022 | 34,740 international-$ in 2021 prices | -3.9% |
| 2023 | 35,765 international-$ in 2021 prices | +3.0% |
Cyprus compared with similar countries
- Cyprus's 35,765 international-$ in 2021 prices is below the median for high income countries, which is 45,556 international-$ in 2021 prices, 79% of the median. (66 countries reporting)
- Cyprus's 35,765 international-$ in 2021 prices is below the median for Europe & Central Asia, which is 36,158 international-$ in 2021 prices, 99% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 4,401 international-$ in 2021 prices | 3,371 international-$ in 2021 prices | 5,225 international-$ in 2021 prices | 10 |
| 1960s | 6,170 international-$ in 2021 prices | 4,431 international-$ in 2021 prices | 8,354 international-$ in 2021 prices | 10 |
| 1970s | 10,619 international-$ in 2021 prices | 7,838 international-$ in 2021 prices | 15,634 international-$ in 2021 prices | 10 |
| 1980s | 19,661 international-$ in 2021 prices | 16,557 international-$ in 2021 prices | 24,397 international-$ in 2021 prices | 10 |
| 1990s | 25,145 international-$ in 2021 prices | 23,831 international-$ in 2021 prices | 27,000 international-$ in 2021 prices | 10 |
| 2000s | 31,607 international-$ in 2021 prices | 28,050 international-$ in 2021 prices | 35,674 international-$ in 2021 prices | 10 |
| 2010s | 32,723 international-$ in 2021 prices | 28,107 international-$ in 2021 prices | 37,804 international-$ in 2021 prices | 10 |
| 2020s | 35,391 international-$ in 2021 prices | 34,740 international-$ in 2021 prices | 36,161 international-$ in 2021 prices | 4 |
Countries ranked near Cyprus
- 49 Portugal 36,633 international-$ in 2021 prices compare
- 50 Croatia 36,543 international-$ in 2021 prices compare
- 51 Turkey 35,774 international-$ in 2021 prices compare
- 53 Hungary 35,090 international-$ in 2021 prices compare
- 54 Romania 34,605 international-$ in 2021 prices compare
- 55 Latvia 34,540 international-$ in 2021 prices 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gdp per capita in Cyprus?
- Gdp per capita in Cyprus was 35,765 international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gdp per capita recorded in Cyprus?
- The highest recorded value was 37,804 international-$ in 2021 prices in 2019.
- What is the lowest gdp per capita recorded in Cyprus?
- The lowest recorded value was 3,371 international-$ in 2021 prices in 1950.
- How does Cyprus rank for gdp per capita?
- Cyprus ranks 52nd out of 184 countries with data for 2023.
- Is gdp per capita rising or falling in Cyprus?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Average economic output per person in a country or region per year. This data is adjusted for inflation and differences in living costs between countries.