Gross Domestic Product — Value US$, 2015 prices in Cyprus

Cyprus: Gross Domestic Product — Value US$, 2015 prices was 31,018 million USD in 2024. ◆ Volatile

Latest (2024)
31,018 million USD
Change on year
up 3.4%
World rank
100th
of 203 countries
All-time high
31,018 million USD
in 2024
All-time low
3,115 million USD
in 1975
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Cyprus, 1970–2024

010.0k20.0k30.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Cyprus recorded 31,018 million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.

The figure is up 3.4% on the previous year and up 61.1% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Cyprus peaked at 31,018 million USD in 2024 and was at its lowest, 3,115 million USD, in 1975.

Cyprus ranks 100th of 203 countries on this measure, 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 — Value US$, 2015 prices in Cyprus, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Cyprus, 1970 to 2024.
Year million USD Change
1970 3,738 million USD
1971 4,222 million USD +13.0%
1972 4,514 million USD +6.9%
1973 4,629 million USD +2.6%
1974 3,846 million USD -16.9%
1975 3,115 million USD -19.0%
1976 3,675 million USD +18.0%
1977 4,255 million USD +15.8%
1978 4,580 million USD +7.6%
1979 5,032 million USD +9.9%
1980 5,330 million USD +5.9%
1981 5,492 million USD +3.1%
1982 5,838 million USD +6.3%
1983 6,148 million USD +5.3%
1984 6,691 million USD +8.8%
1985 7,005 million USD +4.7%
1986 7,272 million USD +3.8%
1987 7,785 million USD +7.1%
1988 8,428 million USD +8.3%
1989 9,110 million USD +8.1%
1990 9,816 million USD +7.7%
1991 9,882 million USD +0.7%
1992 10,814 million USD +9.4%
1993 10,890 million USD +0.7%
1994 11,519 million USD +5.8%
1995 12,662 million USD +9.9%
1996 12,820 million USD +1.2%
1997 13,158 million USD +2.6%
1998 13,963 million USD +6.1%
1999 14,660 million USD +5.0%
2000 15,535 million USD +6.0%
2001 16,149 million USD +4.0%
2002 16,750 million USD +3.7%
2003 17,190 million USD +2.6%
2004 18,054 million USD +5.0%
2005 18,930 million USD +4.9%
2006 19,822 million USD +4.7%
2007 20,833 million USD +5.1%
2008 21,592 million USD +3.6%
2009 21,157 million USD -2.0%
2010 21,640 million USD +2.3%
2011 21,730 million USD +0.4%
2012 20,981 million USD -3.4%
2013 19,599 million USD -6.6%
2014 19,251 million USD -1.8%
2015 19,909 million USD +3.4%
2016 21,218 million USD +6.6%
2017 22,438 million USD +5.8%
2018 23,846 million USD +6.3%
2019 25,247 million USD +5.9%
2020 24,434 million USD -3.2%
2021 27,216 million USD +11.4%
2022 29,221 million USD +7.4%
2023 29,984 million USD +2.6%
2024 31,018 million USD +3.4%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4,161 million USD 3,115 million USD 5,032 million USD 10
1980s 6,910 million USD 5,330 million USD 9,110 million USD 10
1990s 12,018 million USD 9,816 million USD 14,660 million USD 10
2000s 18,601 million USD 15,535 million USD 21,592 million USD 10
2010s 21,586 million USD 19,251 million USD 25,247 million USD 10
2020s 28,374 million USD 24,434 million USD 31,018 million USD 5

Countries ranked near Cyprus

  1. 97 Nepal 33,977 million USD compare
  2. 98 Lebanon 33,404 million USD compare
  3. 99 Latvia 31,222 million USD compare
  4. 101 El Salvador 29,010 million USD compare
  5. 102 Zambia 28,316 million USD compare
  6. 103 Senegal 28,206 million USD compare

See the full ranking of 252 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Cyprus?
Gross domestic product — value us$, 2015 prices in Cyprus was 31,018 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Cyprus?
The highest recorded value was 31,018 million USD in 2024.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Cyprus?
The lowest recorded value was 3,115 million USD in 1975.
How does Cyprus rank for gross domestic product — value us$, 2015 prices?
Cyprus ranks 100th out of 203 countries with data for 2024.
Is gross domestic product — value us$, 2015 prices rising or falling in Cyprus?
Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Cyprus. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/cyprus/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).