Gross value added at basic prices (GVA) (constant 2015 US$) in Cyprus
Cyprus: Gross value added at basic prices (GVA) (constant 2015 US$) was 29.05 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
29.05 billion constant 2015 US$
Change on year
up 3.8%
World rank
101st
of 194 countries
All-time high
29.05 billion constant 2015 US$
in 2025
All-time low
2.60 billion constant 2015 US$
in 1975
Years of data
51
1975–2025
Gross value added at basic prices (GVA) in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Cyprus recorded 29.05 billion constant 2015 US$ for gross value added at basic prices (gva) in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 66.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Cyprus peaked at 29.05 billion constant 2015 US$ in 2025 and was at its lowest, 2.60 billion constant 2015 US$, in 1975.
Cyprus ranks 101st of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$) in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 2.60 billion constant 2015 US$ | — |
| 1976 | 3.15 billion constant 2015 US$ | +21.1% |
| 1977 | 3.75 billion constant 2015 US$ | +19.1% |
| 1978 | 4.04 billion constant 2015 US$ | +7.9% |
| 1979 | 4.48 billion constant 2015 US$ | +10.7% |
| 1980 | 4.73 billion constant 2015 US$ | +5.8% |
| 1981 | 4.87 billion constant 2015 US$ | +3.0% |
| 1982 | 5.12 billion constant 2015 US$ | +5.1% |
| 1983 | 5.34 billion constant 2015 US$ | +4.3% |
| 1984 | 5.82 billion constant 2015 US$ | +8.9% |
| 1985 | 6.08 billion constant 2015 US$ | +4.4% |
| 1986 | 6.29 billion constant 2015 US$ | +3.6% |
| 1987 | 6.72 billion constant 2015 US$ | +6.8% |
| 1988 | 7.27 billion constant 2015 US$ | +8.2% |
| 1989 | 7.89 billion constant 2015 US$ | +8.4% |
| 1990 | 8.52 billion constant 2015 US$ | +8.0% |
| 1991 | 8.64 billion constant 2015 US$ | +1.4% |
| 1992 | 9.44 billion constant 2015 US$ | +9.2% |
| 1993 | 9.50 billion constant 2015 US$ | +0.7% |
| 1994 | 10.04 billion constant 2015 US$ | +5.7% |
| 1995 | 11.10 billion constant 2015 US$ | +10.5% |
| 1996 | 11.24 billion constant 2015 US$ | +1.2% |
| 1997 | 11.54 billion constant 2015 US$ | +2.6% |
| 1998 | 12.24 billion constant 2015 US$ | +6.1% |
| 1999 | 12.85 billion constant 2015 US$ | +5.0% |
| 2000 | 13.62 billion constant 2015 US$ | +6.0% |
| 2001 | 14.16 billion constant 2015 US$ | +4.0% |
| 2002 | 14.69 billion constant 2015 US$ | +3.7% |
| 2003 | 15.07 billion constant 2015 US$ | +2.6% |
| 2004 | 15.83 billion constant 2015 US$ | +5.0% |
| 2005 | 16.60 billion constant 2015 US$ | +4.9% |
| 2006 | 17.38 billion constant 2015 US$ | +4.7% |
| 2007 | 18.27 billion constant 2015 US$ | +5.1% |
| 2008 | 18.93 billion constant 2015 US$ | +3.6% |
| 2009 | 18.55 billion constant 2015 US$ | -2.0% |
| 2010 | 18.98 billion constant 2015 US$ | +2.3% |
| 2011 | 19.06 billion constant 2015 US$ | +0.4% |
| 2012 | 18.40 billion constant 2015 US$ | -3.4% |
| 2013 | 17.19 billion constant 2015 US$ | -6.6% |
| 2014 | 16.89 billion constant 2015 US$ | -1.8% |
| 2015 | 17.44 billion constant 2015 US$ | +3.3% |
| 2016 | 18.58 billion constant 2015 US$ | +6.6% |
| 2017 | 19.65 billion constant 2015 US$ | +5.8% |
| 2018 | 20.91 billion constant 2015 US$ | +6.4% |
| 2019 | 22.18 billion constant 2015 US$ | +6.1% |
| 2020 | 21.48 billion constant 2015 US$ | -3.1% |
| 2021 | 23.93 billion constant 2015 US$ | +11.4% |
| 2022 | 26.00 billion constant 2015 US$ | +8.6% |
| 2023 | 26.94 billion constant 2015 US$ | +3.6% |
| 2024 | 28.00 billion constant 2015 US$ | +3.9% |
| 2025 | 29.05 billion constant 2015 US$ | +3.8% |
Cyprus compared with similar countries
- Cyprus's 29.05 billion constant 2015 US$ is below the median for high income countries, which is 96.66 billion constant 2015 US$, 30% of the median. (69 countries reporting)
- Cyprus's 29.05 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 71.18 billion constant 2015 US$, 41% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.60 billion constant 2015 US$ | 2.60 billion constant 2015 US$ | 4.48 billion constant 2015 US$ | 5 |
| 1980s | 6.01 billion constant 2015 US$ | 4.73 billion constant 2015 US$ | 7.89 billion constant 2015 US$ | 10 |
| 1990s | 10.51 billion constant 2015 US$ | 8.52 billion constant 2015 US$ | 12.85 billion constant 2015 US$ | 10 |
| 2000s | 16.31 billion constant 2015 US$ | 13.62 billion constant 2015 US$ | 18.93 billion constant 2015 US$ | 10 |
| 2010s | 18.93 billion constant 2015 US$ | 16.89 billion constant 2015 US$ | 22.18 billion constant 2015 US$ | 10 |
| 2020s | 25.90 billion constant 2015 US$ | 21.48 billion constant 2015 US$ | 29.05 billion constant 2015 US$ | 6 |
Countries ranked near Cyprus
- 98 Guyana 31.47 billion constant 2015 US$ compare
- 99 Sudan 30.07 billion constant 2015 US$ compare
- 100 Bolivia 29.61 billion constant 2015 US$ compare
- 102 Zambia 28.72 billion constant 2015 US$ compare
- 103 Latvia 27.07 billion constant 2015 US$ compare
- 104 Senegal 26.77 billion constant 2015 US$ 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 value added at basic prices (gva) in Cyprus?
- Gross value added at basic prices (gva) in Cyprus was 29.05 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Cyprus?
- The highest recorded value was 29.05 billion constant 2015 US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Cyprus?
- The lowest recorded value was 2.60 billion constant 2015 US$ in 1975.
- How does Cyprus rank for gross value added at basic prices (gva)?
- Cyprus ranks 101st out of 194 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Cyprus?
- Over the last ten years it is up 66.6%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.