GERD by sector of performance and socioeconomic objectives (NABS 2007) in Cyprus
Cyprus: GERD by sector of performance and socioeconomic objectives (NABS 2007) was 221.87 Million euro in 2024. ◆ Volatile
Latest (2024)
221.87 Million euro
Change on year
up 3.9%
World rank
49th
of 54 countries
All-time high
221.87 Million euro
in 2024
All-time low
40.98 Million euro
in 2003
Years of data
22
2003–2024
GERD by sector of performance and socioeconomic objectives in Cyprus, 2003–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for gerd by sector of performance and socioeconomic objectives in Cyprus is 221.87 Million euro, measured in 2024. That is the highest value across all 22 years on record.
The figure is up 3.9% on the previous year and up 147.8% over ten years.
Over the whole period, gerd by sector of performance and socioeconomic objectives in Cyprus peaked at 221.87 Million euro in 2024 and was at its lowest, 40.98 Million euro, in 2003.
That places Cyprus 49th out of 54 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GERD by sector of performance and socioeconomic objectives (NABS 2007) in Cyprus, year by year
| Year | Million euro | Change |
|---|---|---|
| 2003 | 40.98 Million euro | — |
| 2004 | 46.78 Million euro | +14.2% |
| 2005 | 55.23 Million euro | +18.1% |
| 2006 | 62.36 Million euro | +12.9% |
| 2007 | 70.38 Million euro | +12.8% |
| 2008 | 73.36 Million euro | +4.2% |
| 2009 | 82.99 Million euro | +13.1% |
| 2010 | 86.2 Million euro | +3.9% |
| 2011 | 89.88 Million euro | +4.3% |
| 2012 | 85.32 Million euro | -5.1% |
| 2013 | 87.47 Million euro | +2.5% |
| 2014 | 89.52 Million euro | +2.3% |
| 2015 | 85.29 Million euro | -4.7% |
| 2016 | 98.81 Million euro | +15.9% |
| 2017 | 110.21 Million euro | +11.5% |
| 2018 | 133.1 Million euro | +20.8% |
| 2019 | 164.44 Million euro | +23.5% |
| 2020 | 184.76 Million euro | +12.4% |
| 2021 | 199.5 Million euro | +8.0% |
| 2022 | 207.01 Million euro | +3.8% |
| 2023 | 213.56 Million euro | +3.2% |
| 2024 | 221.87 Million euro | +3.9% |
Cyprus compared with similar countries
- Cyprus's 221.87 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 4% of the median. (35 countries reporting)
- Cyprus's 221.87 Million euro is below the median for high income countries, which is 8,893 Million euro, 2% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.73 Million euro | 40.98 Million euro | 82.99 Million euro | 7 |
| 2010s | 103.02 Million euro | 85.29 Million euro | 164.44 Million euro | 10 |
| 2020s | 205.34 Million euro | 184.76 Million euro | 221.87 Million euro | 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 gerd by sector of performance and socioeconomic objectives in Cyprus?
- Gerd by sector of performance and socioeconomic objectives in Cyprus was 221.87 Million euro in 2024, according to Eurostat.
- What is the highest gerd by sector of performance and socioeconomic objectives recorded in Cyprus?
- The highest recorded value was 221.87 Million euro in 2024.
- What is the lowest gerd by sector of performance and socioeconomic objectives recorded in Cyprus?
- The lowest recorded value was 40.98 Million euro in 2003.
- How does Cyprus rank for gerd by sector of performance and socioeconomic objectives?
- Cyprus ranks 49th out of 54 countries with data for 2024.
- Is gerd by sector of performance and socioeconomic objectives rising or falling in Cyprus?
- Over the last ten years it is up 147.8%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of GERD by sector of performance and socioeconomic objectives (NABS 2007). Statizoid updates them automatically from the source API.
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