Gross value added at basic prices (GVA) (current LCU), annual growth in Cyprus
Cyprus: Gross value added at basic prices (GVA) (current LCU), annual growth was 5.33 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Cyprus, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (current lcu), annual growth in Cyprus stood at 5.33 % change on previous year.
The figure is down 26.5% on the previous year and up 108.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Cyprus peaked at 15.37 % change on previous year in 2022 and was at its lowest, -7.26 % change on previous year, in 2013.
That places Cyprus 135th out of 205 countries with data for 2025, putting it 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) (current LCU), annual growth in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 4.42 % change on previous year | — |
| 1997 | 5.55 % change on previous year | +25.4% |
| 1998 | 8.94 % change on previous year | +61.1% |
| 1999 | 7.12 % change on previous year | -20.3% |
| 2000 | 7.1 % change on previous year | -0.3% |
| 2001 | 7.14 % change on previous year | +0.5% |
| 2002 | 3.49 % change on previous year | -51.1% |
| 2003 | 6.47 % change on previous year | +85.3% |
| 2004 | 6.96 % change on previous year | +7.6% |
| 2005 | 6.23 % change on previous year | -10.5% |
| 2006 | 7.61 % change on previous year | +22.2% |
| 2007 | 8.47 % change on previous year | +11.2% |
| 2008 | 8.6 % change on previous year | +1.6% |
| 2009 | 0.0183 % change on previous year | -99.8% |
| 2010 | 4.51 % change on previous year | +24595.5% |
| 2011 | 2.85 % change on previous year | -36.9% |
| 2012 | -2.01 % change on previous year | -170.7% |
| 2013 | -7.26 % change on previous year | +260.9% |
| 2014 | -4.46 % change on previous year | -38.6% |
| 2015 | 2.56 % change on previous year | -157.4% |
| 2016 | 5.93 % change on previous year | +131.7% |
| 2017 | 6.57 % change on previous year | +10.9% |
| 2018 | 7.24 % change on previous year | +10.1% |
| 2019 | 8.02 % change on previous year | +10.9% |
| 2020 | -2.88 % change on previous year | -135.9% |
| 2021 | 14.22 % change on previous year | -593.1% |
| 2022 | 15.37 % change on previous year | +8.1% |
| 2023 | 9.42 % change on previous year | -38.7% |
| 2024 | 7.26 % change on previous year | -22.9% |
| 2025 | 5.33 % change on previous year | -26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.51 % change on previous year | 4.42 % change on previous year | 8.94 % change on previous year | 4 |
| 2000s | 6.21 % change on previous year | 0.0183 % change on previous year | 8.6 % change on previous year | 10 |
| 2010s | 2.39 % change on previous year | -7.26 % change on previous year | 8.02 % change on previous year | 10 |
| 2020s | 8.12 % change on previous year | -2.88 % change on previous year | 15.37 % change on previous year | 6 |
Countries ranked near Cyprus
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)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7886 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,717 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7048 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 21,196 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.77 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6531 constant LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant LCU), per capita 19,641 constant LCU per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), annual growth in Cyprus?
- Gross value added at basic prices (gva) (current lcu), annual growth in Cyprus was 5.33 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Cyprus?
- The highest recorded value was 15.37 % change on previous year in 2022.
- What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Cyprus?
- The lowest recorded value was -7.26 % change on previous year in 2013.
- How does Cyprus rank for gross value added at basic prices (gva) (current lcu), annual growth?
- Cyprus ranks 135th out of 205 countries with data for 2025.
- Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Cyprus?
- Over the last ten years it is up 108.3%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) 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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.