Gross domestic product (GDP) by world region in Cyprus
Cyprus: Gross domestic product (GDP) by world region was 34.26 billion international-$ in 2011 prices in 2022. ◆ Volatile
Gross domestic product (GDP) by world region in Cyprus, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) by world region in Cyprus is 34.26 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 28.4% over ten years.
Over the whole period, gross domestic product (gdp) by world region in Cyprus peaked at 34.26 billion international-$ in 2011 prices in 2022 and was at its lowest, 1.40 billion international-$ in 2011 prices, in 1951.
That places Cyprus 124th out of 165 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.78 billion international-$ in 2011 prices | 1.40 billion international-$ in 2011 prices | 2.16 billion international-$ in 2011 prices | 10 |
| 1960s | 2.84 billion international-$ in 2011 prices | 2.00 billion international-$ in 2011 prices | 3.93 billion international-$ in 2011 prices | 10 |
| 1970s | 4.51 billion international-$ in 2011 prices | 3.37 billion international-$ in 2011 prices | 5.45 billion international-$ in 2011 prices | 10 |
| 1980s | 7.49 billion international-$ in 2011 prices | 5.77 billion international-$ in 2011 prices | 9.87 billion international-$ in 2011 prices | 10 |
| 1990s | 13.70 billion international-$ in 2011 prices | 10.60 billion international-$ in 2011 prices | 17.29 billion international-$ in 2011 prices | 10 |
| 2000s | 22.72 billion international-$ in 2011 prices | 18.45 billion international-$ in 2011 prices | 26.91 billion international-$ in 2011 prices | 10 |
| 2010s | 27.37 billion international-$ in 2011 prices | 24.48 billion international-$ in 2011 prices | 31.80 billion international-$ in 2011 prices | 10 |
| 2020s | 32.36 billion international-$ in 2011 prices | 30.41 billion international-$ in 2011 prices | 34.26 billion international-$ in 2011 prices | 3 |
Countries ranked near Cyprus
- 121 Albania 36.17 billion international-$ in 2011 prices compare
- 123 Gabon 36.04 billion international-$ in 2011 prices compare
- 125 Benin 33.29 billion international-$ in 2011 prices compare
- 126 Nicaragua 32.76 billion international-$ in 2011 prices compare
- 127 Kyrgyzstan 31.70 billion international-$ in 2011 prices compare
More economy & growth data for Cyprus
- External balance on goods and services as a percent of GDP 5.7% (2025)
- Inflation of consumer prices 0.1% (2025)
- GDP per capita 33,527 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.4% (2025)
- Gross domestic product (GDP) 33.08 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 33,527 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -338.90 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -382.95 million current US$ (2025)
- Taxes less subsidies on products 3.97 billion current LCU (2025)
Frequently asked questions
- What is gross domestic product (gdp) by world region in Cyprus?
- Gross domestic product (gdp) by world region in Cyprus was 34.26 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) by world region recorded in Cyprus?
- The highest recorded value was 34.26 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) by world region recorded in Cyprus?
- The lowest recorded value was 1.40 billion international-$ in 2011 prices in 1951.
- How does Cyprus rank for gross domestic product (gdp) by world region?
- Cyprus ranks 124th out of 165 countries with data for 2022.
- Is gross domestic product (gdp) by world region rising or falling in Cyprus?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP) by world region. Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.