Gross domestic product (GDP) and Gross value added (GVA) in volume in Cyprus
Cyprus: Gross domestic product (GDP) and Gross value added (GVA) in volume was 129.9 Index, 2020=100 in 2024. ▲ Rising
Latest (2024)
129.9 Index, 2020=100
Change on year
up 3.9%
World rank
5th
of 45 countries
All-time high
129.9 Index, 2020=100
in 2024
All-time low
63.4 Index, 2020=100
in 2000
Years of data
25
2000–2024
Gross domestic product (GDP) and Gross value added (GVA) in volume by in Cyprus, 2000–2024
Source: Eurostat. Measured in Index, 2020=100.
Analysis
Cyprus recorded 129.9 Index, 2020=100 for gross domestic product (gdp) and gross value added (gva) in volume by in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 3.9% on the previous year and up 65.3% over ten years.
Over the whole period, gross domestic product (gdp) and gross value added (gva) in volume by in Cyprus peaked at 129.9 Index, 2020=100 in 2024 and was at its lowest, 63.4 Index, 2020=100, in 2000.
Cyprus ranks 5th of 45 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Gross domestic product (GDP) and Gross value added (GVA) in volume in Cyprus, year by year
| Year | Index, 2020=100 | Change |
|---|---|---|
| 2000 | 63.4 Index, 2020=100 | — |
| 2001 | 65.9 Index, 2020=100 | +3.9% |
| 2002 | 68.4 Index, 2020=100 | +3.8% |
| 2003 | 70.2 Index, 2020=100 | +2.6% |
| 2004 | 73.7 Index, 2020=100 | +5.0% |
| 2005 | 77.3 Index, 2020=100 | +4.9% |
| 2006 | 80.9 Index, 2020=100 | +4.7% |
| 2007 | 85 Index, 2020=100 | +5.1% |
| 2008 | 88.1 Index, 2020=100 | +3.6% |
| 2009 | 86.4 Index, 2020=100 | -1.9% |
| 2010 | 88.4 Index, 2020=100 | +2.3% |
| 2011 | 88.7 Index, 2020=100 | +0.3% |
| 2012 | 85.7 Index, 2020=100 | -3.4% |
| 2013 | 80 Index, 2020=100 | -6.7% |
| 2014 | 78.6 Index, 2020=100 | -1.8% |
| 2015 | 81.2 Index, 2020=100 | +3.3% |
| 2016 | 86.5 Index, 2020=100 | +6.5% |
| 2017 | 91.5 Index, 2020=100 | +5.8% |
| 2018 | 97.3 Index, 2020=100 | +6.3% |
| 2019 | 103.2 Index, 2020=100 | +6.1% |
| 2020 | 100 Index, 2020=100 | -3.1% |
| 2021 | 111.4 Index, 2020=100 | +11.4% |
| 2022 | 120.6 Index, 2020=100 | +8.3% |
| 2023 | 125 Index, 2020=100 | +3.6% |
| 2024 | 129.9 Index, 2020=100 | +3.9% |
Cyprus compared with similar countries
- Cyprus's 129.9 Index, 2020=100 is above the median for Europe & Central Asia, which is 113.3 Index, 2020=100, 1.1× the median. (31 countries reporting)
- Cyprus's 129.9 Index, 2020=100 is above the median for high income countries, which is 113.3 Index, 2020=100, 1.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 75.93 Index, 2020=100 | 63.4 Index, 2020=100 | 88.1 Index, 2020=100 | 10 |
| 2010s | 88.11 Index, 2020=100 | 78.6 Index, 2020=100 | 103.2 Index, 2020=100 | 10 |
| 2020s | 117.38 Index, 2020=100 | 100 Index, 2020=100 | 129.9 Index, 2020=100 | 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 gross domestic product (gdp) and gross value added (gva) in volume by in Cyprus?
- Gross domestic product (gdp) and gross value added (gva) in volume by in Cyprus was 129.9 Index, 2020=100 in 2024, according to Eurostat.
- What is the highest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Cyprus?
- The highest recorded value was 129.9 Index, 2020=100 in 2024.
- What is the lowest gross domestic product (gdp) and gross value added (gva) in volume by recorded in Cyprus?
- The lowest recorded value was 63.4 Index, 2020=100 in 2000.
- How does Cyprus rank for gross domestic product (gdp) and gross value added (gva) in volume by?
- Cyprus ranks 5th out of 45 countries with data for 2024.
- Is gross domestic product (gdp) and gross value added (gva) in volume by rising or falling in Cyprus?
- Over the last ten years it is up 65.3%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Gross domestic product (GDP) and Gross value added (GVA) in volume by NUTS 2 region. Statizoid updates them automatically from the source API.
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