Gross National Income — Value Standard Local Currency, annual growth in Cyprus
Cyprus: Gross National Income — Value Standard Local Currency, annual growth was 4.64 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Cyprus, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross national income — value standard local currency, annual growth in Cyprus is 4.64 % change on previous year, measured in 2023.
Compared with earlier readings it is down 70.5% on the previous year and up 157.7% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Cyprus peaked at 38.54 % change on previous year in 2008 and was at its lowest, -14.31 % change on previous year, in 1975.
Cyprus ranks 179th of 231 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.21 % change on previous year | — |
| 1972 | 13.5 % change on previous year | -11.3% |
| 1973 | 11.44 % change on previous year | -15.3% |
| 1974 | -7.18 % change on previous year | -162.8% |
| 1975 | -14.31 % change on previous year | +99.2% |
| 1976 | 27.03 % change on previous year | -288.8% |
| 1977 | 27.06 % change on previous year | +0.1% |
| 1978 | 19.21 % change on previous year | -29.0% |
| 1979 | 23.75 % change on previous year | +23.6% |
| 1980 | 20.72 % change on previous year | -12.7% |
| 1981 | 14.74 % change on previous year | -28.9% |
| 1982 | 16.88 % change on previous year | +14.5% |
| 1983 | 9.77 % change on previous year | -42.1% |
| 1984 | 17.53 % change on previous year | +79.5% |
| 1985 | 10.65 % change on previous year | -39.3% |
| 1986 | 7.64 % change on previous year | -28.3% |
| 1987 | 11.3 % change on previous year | +47.9% |
| 1988 | 11.85 % change on previous year | +4.9% |
| 1989 | 13.5 % change on previous year | +14.0% |
| 1990 | 13.35 % change on previous year | -1.1% |
| 1991 | 4.74 % change on previous year | -64.5% |
| 1992 | 15.55 % change on previous year | +228.3% |
| 1993 | 5.7 % change on previous year | -63.4% |
| 1994 | 11.08 % change on previous year | +94.5% |
| 1995 | 8.59 % change on previous year | -22.5% |
| 1996 | 4.13 % change on previous year | -51.9% |
| 1997 | 2.62 % change on previous year | -36.5% |
| 1998 | 17.69 % change on previous year | +574.3% |
| 1999 | -3.29 % change on previous year | -118.6% |
| 2000 | 6.04 % change on previous year | -283.4% |
| 2001 | 10.95 % change on previous year | +81.4% |
| 2002 | 5.56 % change on previous year | -49.2% |
| 2003 | 6.29 % change on previous year | +13.2% |
| 2004 | -1.43 % change on previous year | -122.8% |
| 2005 | 7.41 % change on previous year | -617.0% |
| 2006 | 5.56 % change on previous year | -25.1% |
| 2007 | -0.2999 % change on previous year | -105.4% |
| 2008 | 38.54 % change on previous year | -12951.4% |
| 2009 | -0.3958 % change on previous year | -101.0% |
| 2010 | 3 % change on previous year | -858.5% |
| 2011 | 6.23 % change on previous year | +107.7% |
| 2012 | -5 % change on previous year | -180.3% |
| 2013 | -8.04 % change on previous year | +60.6% |
| 2014 | -4.48 % change on previous year | -44.2% |
| 2015 | 4.81 % change on previous year | -207.2% |
| 2016 | 2.45 % change on previous year | -49.0% |
| 2017 | 7.86 % change on previous year | +220.5% |
| 2018 | 6.73 % change on previous year | -14.4% |
| 2019 | 5.36 % change on previous year | -20.3% |
| 2020 | -5.76 % change on previous year | -207.4% |
| 2021 | 12.14 % change on previous year | -310.8% |
| 2022 | 15.72 % change on previous year | +29.5% |
| 2023 | 4.64 % change on previous year | -70.5% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +12951.4% | -0.2999 % change on previous year | 38.54 % change on previous year |
| 2010 | +858.5% | -0.3958 % change on previous year | 3 % change on previous year |
| 2005 | +617.0% | -1.43 % change on previous year | 7.41 % change on previous year |
| 1998 | +574.3% | 2.62 % change on previous year | 17.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.86 % change on previous year | -14.31 % change on previous year | 27.06 % change on previous year | 9 |
| 1980s | 13.46 % change on previous year | 7.64 % change on previous year | 20.72 % change on previous year | 10 |
| 1990s | 8.01 % change on previous year | -3.29 % change on previous year | 17.69 % change on previous year | 10 |
| 2000s | 7.82 % change on previous year | -1.43 % change on previous year | 38.54 % change on previous year | 10 |
| 2010s | 1.89 % change on previous year | -8.04 % change on previous year | 7.86 % change on previous year | 10 |
| 2020s | 6.68 % change on previous year | -5.76 % change on previous year | 15.72 % change on previous year | 4 |
Countries ranked near Cyprus
- 176 Botswana 4.91 % change on previous year compare
- 177 Central African Republic 4.89 % change on previous year compare
- 178 China, mainland 4.65 % change on previous year compare
- 180 Seychelles 4.61 % change on previous year compare
- 181 Liberia 4.5 % change on previous year compare
- 182 Jordan 4.44 % change on previous year 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 national income — value standard local currency, annual growth in Cyprus?
- Gross national income — value standard local currency, annual growth in Cyprus was 4.64 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Cyprus?
- The highest recorded value was 38.54 % change on previous year in 2008.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Cyprus?
- The lowest recorded value was -14.31 % change on previous year in 1975.
- How does Cyprus rank for gross national income — value standard local currency, annual growth?
- Cyprus ranks 179th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Cyprus?
- Over the last ten years it is up 157.7%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.