Gross domestic product (GDP), per unit of GDP in Cyprus
Cyprus: Gross domestic product (GDP), per unit of GDP was 0.9319 international-$ in 2021 prices per US$ of GDP in 2023. ◆ Volatile
Latest (2023)
0.9319 international-$ in 2021 prices per US$ of GDP
Change on year
down 7.4%
World rank
170th
of 180 countries
All-time high
8.59 international-$ in 2021 prices per US$ of GDP
in 1976
All-time low
0.9319 international-$ in 2021 prices per US$ of GDP
in 2023
Years of data
49
1975–2023
Gross domestic product (GDP), per unit of GDP in Cyprus, 1975–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
The most recent figure for gross domestic product (gdp), per unit of gdp in Cyprus is 0.9319 international-$ in 2021 prices per US$ of GDP, measured in 2023. That is the lowest value across all 49 years on record.
That represents a change of down 7.4% on the previous year and down 11.9% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Cyprus peaked at 8.59 international-$ in 2021 prices per US$ of GDP in 1976 and was at its lowest, 0.9319 international-$ in 2021 prices per US$ of GDP, in 2023.
That places Cyprus 170th out of 180 countries with data for 2023, 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), per unit of GDP in Cyprus, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1975 | 8.03 international-$ in 2021 prices per US$ of GDP | — |
| 1976 | 8.59 international-$ in 2021 prices per US$ of GDP | +6.9% |
| 1977 | 8.41 international-$ in 2021 prices per US$ of GDP | -2.1% |
| 1978 | 7.11 international-$ in 2021 prices per US$ of GDP | -15.4% |
| 1979 | 6.1 international-$ in 2021 prices per US$ of GDP | -14.2% |
| 1980 | 3.92 international-$ in 2021 prices per US$ of GDP | -35.9% |
| 1981 | 4.08 international-$ in 2021 prices per US$ of GDP | +4.3% |
| 1982 | 4.26 international-$ in 2021 prices per US$ of GDP | +4.2% |
| 1983 | 4.48 international-$ in 2021 prices per US$ of GDP | +5.3% |
| 1984 | 4.73 international-$ in 2021 prices per US$ of GDP | +5.4% |
| 1985 | 4.37 international-$ in 2021 prices per US$ of GDP | -7.4% |
| 1986 | 3.51 international-$ in 2021 prices per US$ of GDP | -19.7% |
| 1987 | 3.17 international-$ in 2021 prices per US$ of GDP | -9.8% |
| 1988 | 2.91 international-$ in 2021 prices per US$ of GDP | -8.2% |
| 1989 | 3.03 international-$ in 2021 prices per US$ of GDP | +4.3% |
| 1990 | 2.58 international-$ in 2021 prices per US$ of GDP | -14.9% |
| 1991 | 2.46 international-$ in 2021 prices per US$ of GDP | -4.9% |
| 1992 | 2.18 international-$ in 2021 prices per US$ of GDP | -11.2% |
| 1993 | 2.28 international-$ in 2021 prices per US$ of GDP | +4.3% |
| 1994 | 2.13 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 1995 | 1.7 international-$ in 2021 prices per US$ of GDP | -20.3% |
| 1996 | 1.67 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 1997 | 1.81 international-$ in 2021 prices per US$ of GDP | +8.1% |
| 1998 | 1.68 international-$ in 2021 prices per US$ of GDP | -7.1% |
| 1999 | 1.77 international-$ in 2021 prices per US$ of GDP | +5.1% |
| 2000 | 2.14 international-$ in 2021 prices per US$ of GDP | +21.0% |
| 2001 | 2.15 international-$ in 2021 prices per US$ of GDP | +0.5% |
| 2002 | 1.91 international-$ in 2021 prices per US$ of GDP | -10.8% |
| 2003 | 1.38 international-$ in 2021 prices per US$ of GDP | -27.7% |
| 2004 | 1.2 international-$ in 2021 prices per US$ of GDP | -13.4% |
| 2005 | 1.25 international-$ in 2021 prices per US$ of GDP | +4.0% |
| 2006 | 1.19 international-$ in 2021 prices per US$ of GDP | -4.4% |
| 2007 | 1.03 international-$ in 2021 prices per US$ of GDP | -13.8% |
| 2008 | 0.996 international-$ in 2021 prices per US$ of GDP | -3.0% |
| 2009 | 1.11 international-$ in 2021 prices per US$ of GDP | +11.1% |
| 2010 | 1.16 international-$ in 2021 prices per US$ of GDP | +4.9% |
| 2011 | 1.02 international-$ in 2021 prices per US$ of GDP | -12.3% |
| 2012 | 1.15 international-$ in 2021 prices per US$ of GDP | +13.3% |
| 2013 | 1.06 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 2014 | 1.03 international-$ in 2021 prices per US$ of GDP | -2.4% |
| 2015 | 1.28 international-$ in 2021 prices per US$ of GDP | +24.5% |
| 2016 | 1.33 international-$ in 2021 prices per US$ of GDP | +3.8% |
| 2017 | 1.26 international-$ in 2021 prices per US$ of GDP | -5.7% |
| 2018 | 1.1 international-$ in 2021 prices per US$ of GDP | -12.3% |
| 2019 | 1.26 international-$ in 2021 prices per US$ of GDP | +14.7% |
| 2020 | 1.21 international-$ in 2021 prices per US$ of GDP | -4.1% |
| 2021 | 1.07 international-$ in 2021 prices per US$ of GDP | -12.0% |
| 2022 | 1.01 international-$ in 2021 prices per US$ of GDP | -5.6% |
| 2023 | 0.9319 international-$ in 2021 prices per US$ of GDP | -7.4% |
Cyprus compared with similar countries
- Cyprus's 0.9319 international-$ in 2021 prices per US$ of GDP is below the median for high income countries, which is 1.23 international-$ in 2021 prices per US$ of GDP, 75% of the median. (65 countries reporting)
- Cyprus's 0.9319 international-$ in 2021 prices per US$ of GDP is below the median for Europe & Central Asia, which is 1.5 international-$ in 2021 prices per US$ of GDP, 62% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.65 international-$ in 2021 prices per US$ of GDP | 6.1 international-$ in 2021 prices per US$ of GDP | 8.59 international-$ in 2021 prices per US$ of GDP | 5 |
| 1980s | 3.85 international-$ in 2021 prices per US$ of GDP | 2.91 international-$ in 2021 prices per US$ of GDP | 4.73 international-$ in 2021 prices per US$ of GDP | 10 |
| 1990s | 2.02 international-$ in 2021 prices per US$ of GDP | 1.67 international-$ in 2021 prices per US$ of GDP | 2.58 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 1.43 international-$ in 2021 prices per US$ of GDP | 0.996 international-$ in 2021 prices per US$ of GDP | 2.15 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 1.17 international-$ in 2021 prices per US$ of GDP | 1.02 international-$ in 2021 prices per US$ of GDP | 1.33 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 1.05 international-$ in 2021 prices per US$ of GDP | 0.9319 international-$ in 2021 prices per US$ of GDP | 1.21 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Cyprus
- 167 Finland 0.981 international-$ in 2021 prices per US$ of GDP compare
- 168 Denmark 0.9687 international-$ in 2021 prices per US$ of GDP compare
- 169 New Zealand 0.9516 international-$ in 2021 prices per US$ of GDP compare
- 171 Cayman Islands 0.9289 international-$ in 2021 prices per US$ of GDP compare
- 172 United States 0.9002 international-$ in 2021 prices per US$ of GDP compare
- 173 Bahamas 0.8996 international-$ in 2021 prices per US$ of GDP 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Cyprus?
- Gross domestic product (gdp), per unit of gdp in Cyprus was 0.9319 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Cyprus?
- The highest recorded value was 8.59 international-$ in 2021 prices per US$ of GDP in 1976.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Cyprus?
- The lowest recorded value was 0.9319 international-$ in 2021 prices per US$ of GDP in 2023.
- How does Cyprus rank for gross domestic product (gdp), per unit of gdp?
- Cyprus ranks 170th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Cyprus?
- Over the last ten years it is down 11.9%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.