Gross domestic product (GDP), Constant prices, Purchasing power in Cyprus
Cyprus: Gross domestic product (GDP), Constant prices, Purchasing power was 28.71 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Cyprus, 1960–2019
Source: International Monetary Fund.
Analysis
In 2019, gross domestic product (gdp), constant prices, purchasing power in Cyprus stood at 28.71. That is the highest value across all 60 years on record.
That represents a change of up 3.2% on the previous year and up 12.2% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Cyprus peaked at 28.71 in 2019 and was at its lowest, 2.28, in 1960.
That places Cyprus 136th out of 193 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 2.28 | — |
| 1961 | 2.48 | +9.1% |
| 1962 | 2.72 | +9.6% |
| 1963 | 2.86 | +5.2% |
| 1964 | 2.58 | -9.7% |
| 1965 | 3.13 | +21.3% |
| 1966 | 3.36 | +7.1% |
| 1967 | 3.79 | +12.9% |
| 1968 | 4 | +5.5% |
| 1969 | 4.39 | +9.8% |
| 1970 | 4.52 | +3.0% |
| 1971 | 5.11 | +13.0% |
| 1972 | 5.46 | +6.9% |
| 1973 | 5.6 | +2.6% |
| 1974 | 4.65 | -16.9% |
| 1975 | 3.77 | -19.0% |
| 1976 | 4.45 | +18.0% |
| 1977 | 5.15 | +15.8% |
| 1978 | 5.54 | +7.6% |
| 1979 | 6.09 | +9.9% |
| 1980 | 6.45 | +5.9% |
| 1981 | 6.64 | +3.1% |
| 1982 | 7.06 | +6.3% |
| 1983 | 7.44 | +5.3% |
| 1984 | 8.09 | +8.8% |
| 1985 | 8.47 | +4.7% |
| 1986 | 8.8 | +3.8% |
| 1987 | 9.42 | +7.1% |
| 1988 | 10.2 | +8.3% |
| 1989 | 11.02 | +8.1% |
| 1990 | 11.87 | +7.7% |
| 1991 | 11.95 | +0.7% |
| 1992 | 13.08 | +9.4% |
| 1993 | 13.17 | +0.7% |
| 1994 | 13.93 | +5.8% |
| 1995 | 15.32 | +9.9% |
| 1996 | 15.51 | +1.2% |
| 1997 | 15.92 | +2.6% |
| 1998 | 16.89 | +6.1% |
| 1999 | 17.73 | +5.0% |
| 2000 | 18.79 | +6.0% |
| 2001 | 19.54 | +4.0% |
| 2002 | 20.26 | +3.7% |
| 2003 | 20.79 | +2.6% |
| 2004 | 21.84 | +5.0% |
| 2005 | 22.9 | +4.9% |
| 2006 | 23.98 | +4.7% |
| 2007 | 25.2 | +5.1% |
| 2008 | 26.12 | +3.6% |
| 2009 | 25.59 | -2.0% |
| 2010 | 26.11 | +2.0% |
| 2011 | 26.21 | +0.4% |
| 2012 | 25.31 | -3.4% |
| 2013 | 23.65 | -6.6% |
| 2014 | 23.21 | -1.9% |
| 2015 | 23.99 | +3.4% |
| 2016 | 25.61 | +6.7% |
| 2017 | 26.73 | +4.4% |
| 2018 | 27.81 | +4.1% |
| 2019 | 28.71 | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.16 | 2.28 | 4.39 | 10 |
| 1970s | 5.03 | 3.77 | 6.09 | 10 |
| 1980s | 8.36 | 6.45 | 11.02 | 10 |
| 1990s | 14.54 | 11.87 | 17.73 | 10 |
| 2000s | 22.5 | 18.79 | 26.12 | 10 |
| 2010s | 25.74 | 23.21 | 28.71 | 10 |
Countries ranked near Cyprus
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 gross domestic product (gdp), constant prices, purchasing power in Cyprus?
- Gross domestic product (gdp), constant prices, purchasing power in Cyprus was 28.71 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Cyprus?
- The highest recorded value was 28.71 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Cyprus?
- The lowest recorded value was 2.28 in 1960.
- How does Cyprus rank for gross domestic product (gdp), constant prices, purchasing power?
- Cyprus ranks 136th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Cyprus?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.