Gross Domestic Product, GDP in millions constant 2021 international $ in Cyprus
Cyprus: Gross Domestic Product, GDP in millions constant 2021 international $ was 54,502 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Cyprus, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Cyprus is 54,502, measured in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 2.8% on the previous year and up 50.5% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Cyprus peaked at 54,502 in 2027 and was at its lowest, 16,164, in 1991.
That places Cyprus 133rd out of 188 countries with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 16,164 | — |
| 1992 | 17,683 | +9.4% |
| 1993 | 17,807 | +0.7% |
| 1994 | 18,858 | +5.9% |
| 1995 | 20,435 | +8.4% |
| 1996 | 20,690 | +1.2% |
| 1997 | 21,236 | +2.6% |
| 1998 | 22,534 | +6.1% |
| 1999 | 23,660 | +5.0% |
| 2000 | 25,071 | +6.0% |
| 2001 | 26,062 | +4.0% |
| 2002 | 27,033 | +3.7% |
| 2003 | 27,742 | +2.6% |
| 2004 | 29,136 | +5.0% |
| 2005 | 30,550 | +4.9% |
| 2006 | 31,990 | +4.7% |
| 2007 | 33,621 | +5.1% |
| 2008 | 34,847 | +3.6% |
| 2009 | 34,145 | -2.0% |
| 2010 | 34,925 | +2.3% |
| 2011 | 35,070 | +0.4% |
| 2012 | 33,861 | -3.4% |
| 2013 | 31,630 | -6.6% |
| 2014 | 31,069 | -1.8% |
| 2015 | 32,131 | +3.4% |
| 2016 | 34,243 | +6.6% |
| 2017 | 36,212 | +5.8% |
| 2018 | 38,484 | +6.3% |
| 2019 | 40,745 | +5.9% |
| 2020 | 39,432 | -3.2% |
| 2021 | 43,922 | +11.4% |
| 2022 | 47,087 | +7.2% |
| 2023 | 48,388 | +2.8% |
| 2024 | 50,057 | +3.4% |
| 2025 | 51,532 | +2.9% |
| 2026 | 52,996 | +2.8% |
| 2027 | 54,502 | +2.8% |
Cyprus compared with similar countries
- Cyprus's 54,502 is below the median for high income countries, which is 390,765, 14% of the median. (62 countries reporting)
- Cyprus's 54,502 is below the median for Europe & Central Asia, which is 367,047, 15% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,896 | 16,164 | 23,660 | 9 |
| 2000s | 30,020 | 25,071 | 34,847 | 10 |
| 2010s | 34,837 | 31,069 | 40,745 | 10 |
| 2020s | 48,489 | 39,432 | 54,502 | 8 |
Countries ranked near Cyprus
- 130 Mozambique 57,463 compare
- 131 Albania 57,023 compare
- 132 Chad 55,772 compare
- 134 Korea, Democratic People's Republic of 52,947 compare
- 135 Gabon 51,590 compare
- 136 Papua New Guinea 50,683 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)
- 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 in millions constant 2021 international $ in Cyprus?
- Gross domestic product, gdp in millions constant 2021 international $ in Cyprus was 54,502 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Cyprus?
- The highest recorded value was 54,502 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Cyprus?
- The lowest recorded value was 16,164 in 1991.
- How does Cyprus rank for gross domestic product, gdp in millions constant 2021 international $?
- Cyprus ranks 133rd out of 188 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Cyprus?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.