Gross domestic product (GDP), Current prices, Domestic currency in Cyprus

Cyprus: Gross domestic product (GDP), Current prices, Domestic currency was 3.81 % change on previous year in 2019. ◆ Volatile

Latest (2019)
3.81 % change on previous year
Change on year
down 30.4%
World rank
125th
of 194 countries
All-time high
28.64 % change on previous year
in 1976
All-time low
-15.63 % change on previous year
in 1975
Years of data
59
1961–2019

Gross domestic product (GDP), Current prices, Domestic currency in Cyprus, 1961–2019

-20-100102030196119902019

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Cyprus recorded 3.81 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.

That represents a change of down 30.4% on the previous year and up 316.9% over ten years.

Over the whole period, gross domestic product (gdp), current prices, domestic currency in Cyprus peaked at 28.64 % change on previous year in 1976 and was at its lowest, -15.63 % change on previous year, in 1975.

That places Cyprus 125th out of 194 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), Current prices, Domestic currency in Cyprus, year by year

Annual values for Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate in Cyprus, 1961 to 2019.
Year % change on previous year Change
1961 9.61 % change on previous year —
1962 12.35 % change on previous year +28.6%
1963 4.34 % change on previous year -64.8%
1964 -8.33 % change on previous year -291.7%
1965 25.86 % change on previous year -410.6%
1966 8.91 % change on previous year -65.5%
1967 14.06 % change on previous year +57.8%
1968 8.71 % change on previous year -38.0%
1969 14.99 % change on previous year +72.1%
1970 7.44 % change on previous year -50.4%
1971 15.4 % change on previous year +106.9%
1972 13.61 % change on previous year -11.6%
1973 11.04 % change on previous year -18.9%
1974 -7.67 % change on previous year -169.5%
1975 -15.63 % change on previous year +103.8%
1976 28.64 % change on previous year -283.3%
1977 26.71 % change on previous year -6.7%
1978 19.74 % change on previous year -26.1%
1979 24.32 % change on previous year +23.2%
1980 20.74 % change on previous year -14.7%
1981 15.2 % change on previous year -26.7%
1982 17 % change on previous year +11.8%
1983 10.91 % change on previous year -35.8%
1984 17.66 % change on previous year +61.9%
1985 10.72 % change on previous year -39.3%
1986 8.09 % change on previous year -24.5%
1987 11.26 % change on previous year +39.2%
1988 11.88 % change on previous year +5.5%
1989 13.24 % change on previous year +11.4%
1990 13.29 % change on previous year +0.4%
1991 4.66 % change on previous year -65.0%
1992 16 % change on previous year +243.7%
1993 5.54 % change on previous year -65.4%
1994 11.42 % change on previous year +106.0%
1995 9.8 % change on previous year -14.2%
1996 3.92 % change on previous year -60.0%
1997 4.94 % change on previous year +25.8%
1998 8.2 % change on previous year +66.1%
1999 7.42 % change on previous year -9.5%
2000 8.87 % change on previous year +19.6%
2001 7.76 % change on previous year -12.6%
2002 4.03 % change on previous year -48.0%
2003 8.15 % change on previous year +102.3%
2004 7.87 % change on previous year -3.5%
2005 6.97 % change on previous year -11.4%
2006 7.95 % change on previous year +14.0%
2007 9.45 % change on previous year +18.9%
2008 8.55 % change on previous year -9.5%
2009 -1.76 % change on previous year -120.5%
2010 3.93 % change on previous year -323.8%
2011 2.02 % change on previous year -48.5%
2012 -1.83 % change on previous year -190.3%
2013 -7.44 % change on previous year +306.6%
2014 -3.26 % change on previous year -56.2%
2015 2.4 % change on previous year -173.7%
2016 5.87 % change on previous year +144.1%
2017 6.18 % change on previous year +5.4%
2018 5.48 % change on previous year -11.4%
2019 3.81 % change on previous year -30.4%

Cyprus compared with similar countries

  • Cyprus's 3.81 % change on previous year is above the median for high income countries, which is 3.62 % change on previous year, 1.1× the median. (65 countries reporting)
  • Cyprus's 3.81 % change on previous year is below the median for Europe & Central Asia, which is 5.34 % change on previous year, 71% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Current prices, Domestic currency in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1965 +410.6% -8.33 % change on previous year 25.86 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 10.06 % change on previous year -8.33 % change on previous year 25.86 % change on previous year 9
1970s 12.36 % change on previous year -15.63 % change on previous year 28.64 % change on previous year 10
1980s 13.67 % change on previous year 8.09 % change on previous year 20.74 % change on previous year 10
1990s 8.52 % change on previous year 3.92 % change on previous year 16 % change on previous year 10
2000s 6.78 % change on previous year -1.76 % change on previous year 9.45 % change on previous year 10
2010s 1.72 % change on previous year -7.44 % change on previous year 6.18 % change on previous year 10

Countries ranked near Cyprus

  1. 122 Portugal 3.96 % change on previous year compare
  2. 123 Morocco 3.85 % change on previous year compare
  3. 124 Costa Rica 3.84 % change on previous year compare
  4. 126 Chile 3.75 % change on previous year compare
  5. 127 Samoa 3.74 % change on previous year compare
  6. 128 Peru 3.74 % change on previous year compare

See the full ranking of 194 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross domestic product (gdp), current prices, domestic currency in Cyprus?
Gross domestic product (gdp), current prices, domestic currency in Cyprus was 3.81 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Cyprus?
The highest recorded value was 28.64 % change on previous year in 1976.
What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Cyprus?
The lowest recorded value was -15.63 % change on previous year in 1975.
How does Cyprus rank for gross domestic product (gdp), current prices, domestic currency?
Cyprus ranks 125th out of 194 countries with data for 2019.
Is gross domestic product (gdp), current prices, domestic currency rising or falling in Cyprus?
Over the last ten years it is up 316.9%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Current prices, Domestic currency in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/cyprus/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-current-prices-domestic-currency-annual-growth-rate/cyprus/">Gross domestic product (GDP), Current prices, Domestic currency in Cyprus</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 10,054 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.