Gross domestic product (GDP), Current prices, Domestic currency in Cyprus
Cyprus: Gross domestic product (GDP), Current prices, Domestic currency was 21.94 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Cyprus, 1960–2019
Source: International Monetary Fund.
Analysis
Cyprus recorded 21.94 for gross domestic product (gdp), current prices, domestic currency in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 17.5% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Cyprus peaked at 21.94 in 2019 and was at its lowest, 0.1773, in 1960.
That places Cyprus 164th out of 194 countries with data for 2019, putting it in the bottom quarter.
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
| Year | Value | Change |
|---|---|---|
| 1960 | 0.1773 | — |
| 1961 | 0.1943 | +9.6% |
| 1962 | 0.2183 | +12.4% |
| 1963 | 0.2278 | +4.3% |
| 1964 | 0.2088 | -8.3% |
| 1965 | 0.2628 | +25.9% |
| 1966 | 0.2863 | +8.9% |
| 1967 | 0.3265 | +14.1% |
| 1968 | 0.355 | +8.7% |
| 1969 | 0.4082 | +15.0% |
| 1970 | 0.4386 | +7.4% |
| 1971 | 0.5061 | +15.4% |
| 1972 | 0.575 | +13.6% |
| 1973 | 0.6385 | +11.0% |
| 1974 | 0.5896 | -7.7% |
| 1975 | 0.4974 | -15.6% |
| 1976 | 0.6399 | +28.6% |
| 1977 | 0.8108 | +26.7% |
| 1978 | 0.9709 | +19.7% |
| 1979 | 1.21 | +24.3% |
| 1980 | 1.46 | +20.7% |
| 1981 | 1.68 | +15.2% |
| 1982 | 1.96 | +17.0% |
| 1983 | 2.18 | +10.9% |
| 1984 | 2.56 | +17.7% |
| 1985 | 2.84 | +10.7% |
| 1986 | 3.07 | +8.1% |
| 1987 | 3.41 | +11.3% |
| 1988 | 3.82 | +11.9% |
| 1989 | 4.32 | +13.2% |
| 1990 | 4.9 | +13.3% |
| 1991 | 5.13 | +4.7% |
| 1992 | 5.95 | +16.0% |
| 1993 | 6.28 | +5.5% |
| 1994 | 6.99 | +11.4% |
| 1995 | 7.68 | +9.8% |
| 1996 | 7.98 | +3.9% |
| 1997 | 8.37 | +4.9% |
| 1998 | 9.06 | +8.2% |
| 1999 | 9.73 | +7.4% |
| 2000 | 10.6 | +8.9% |
| 2001 | 11.42 | +7.8% |
| 2002 | 11.88 | +4.0% |
| 2003 | 12.85 | +8.2% |
| 2004 | 13.86 | +7.9% |
| 2005 | 14.82 | +7.0% |
| 2006 | 16 | +7.9% |
| 2007 | 17.51 | +9.4% |
| 2008 | 19.01 | +8.6% |
| 2009 | 18.68 | -1.8% |
| 2010 | 19.41 | +3.9% |
| 2011 | 19.8 | +2.0% |
| 2012 | 19.44 | -1.8% |
| 2013 | 18 | -7.4% |
| 2014 | 17.41 | -3.3% |
| 2015 | 17.83 | +2.4% |
| 2016 | 18.87 | +5.9% |
| 2017 | 20.04 | +6.2% |
| 2018 | 21.14 | +5.5% |
| 2019 | 21.94 | +3.8% |
Cyprus compared with similar countries
- Cyprus's 21.94 is below the median for high income countries, which is 434.67, 5% of the median. (65 countries reporting)
- Cyprus's 21.94 is below the median for Europe & Central Asia, which is 590.04, 4% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2665 | 0.1773 | 0.4082 | 10 |
| 1970s | 0.6874 | 0.4386 | 1.21 | 10 |
| 1980s | 2.73 | 1.46 | 4.32 | 10 |
| 1990s | 7.21 | 4.9 | 9.73 | 10 |
| 2000s | 14.66 | 10.6 | 19.01 | 10 |
| 2010s | 19.39 | 17.41 | 21.94 | 10 |
Countries ranked near Cyprus
- 161 Suriname 27.57 compare
- 162 El Salvador 27.02 compare
- 163 Seychelles 23.84 compare
- 165 Zimbabwe 21.44 compare
- 166 Brunei 18.38 compare
- 167 West Bank and Gaza 17.06 compare
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
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 21.94 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Cyprus?
- The highest recorded value was 21.94 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Cyprus?
- The lowest recorded value was 0.1773 in 1960.
- How does Cyprus rank for gross domestic product (gdp), current prices, domestic currency?
- Cyprus ranks 164th 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 17.5%. 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), Current prices, Domestic currency. 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.