GERD by sector of performance and socioeconomic objectives in Cyprus

Cyprus: GERD by sector of performance and socioeconomic objectives was 224.9 Million euro in 2024. ◆ Volatile

Latest (2024)
224.9 Million euro
Change on year
up 5.3%
World rank
48th
of 52 countries
All-time high
224.9 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

501001502002003201320242003: 41 Million euro2004: 46.8 Million euro2005: 55.2 Million euro2006: 62.4 Million euro2007: 70.4 Million euro2008: 73.4 Million euro2009: 83 Million euro2010: 86.2 Million euro2011: 89.9 Million euro2012: 85.3 Million euro2013: 87.5 Million euro2014: 89.5 Million euro2015: 85.3 Million euro2016: 98.8 Million euro2017: 110.2 Million euro2018: 133.1 Million euro2019: 164.4 Million euro2020: 184.8 Million euro2021: 199.5 Million euro2022: 207 Million euro2023: 213.6 Million euro2024: 224.9 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for gerd by sector of performance and socioeconomic objectives in Cyprus is 224.9 Million euro, measured in 2024. That is the highest value across all 22 years on record.

The figure is up 5.3% on the previous year and up 151.2% over ten years.

Over the whole period, gerd by sector of performance and socioeconomic objectives in Cyprus peaked at 224.9 Million euro in 2024 and was at its lowest, 40.98 Million euro, in 2003.

That places Cyprus 48th out of 52 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 in Cyprus, year by year

Annual values for GERD by sector of performance and socioeconomic objectives (NABS 2007) in Cyprus, 2003 to 2024.
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 224.9 Million euro +5.3%

Averages by decade

DecadeAverage LowestHighest 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 205.95 Million euro 184.76 Million euro 224.9 Million euro 5

Countries ranked near Cyprus

  1. 45 Iceland 757.42 Million euro compare
  2. 46 Latvia 372.64 Million euro compare
  3. 46 Latvia 372.64 Million euro compare
  4. 49 Malta 125.71 Million euro compare
  5. 50 North Macedonia 53.94 Million euro compare
  6. 51 Bosnia and Herzegovina 38.1 Million euro compare

See the full ranking of 56 places →

More economy & growth data for Cyprus

All data for Cyprus →

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 224.9 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 224.9 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 48th out of 52 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 151.2%. 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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GERD by sector of performance and socioeconomic objectives in Cyprus. Statizoid, drawing on Eurostat. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/gerd-by-sector-of-performance-and-socioeconomic-objectives-nabs-2007/cyprus/

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About this data

Indicator
GERD by sector of performance and socioeconomic objectives (NABS 2007)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,141 data points, 2003–2024
Last refreshed