HICP - Services in Cyprus
Cyprus: HICP - Services was 4.3 in 2025. ◆ Volatile
Latest (2025)
4.3
Change on year
up 2.4%
World rank
15th
of 31 countries
All-time high
5.2
in 2022
All-time low
-1
in 2016
Years of data
29
1997–2025
HICP - Services in Cyprus, 1997–2025
Source: European Central Bank.
Analysis
Cyprus recorded 4.3 for hicp - services in 2025.
Compared with earlier readings it is up 2.4% on the previous year and up 2,250.0% over ten years.
Over the whole period, hicp - services in Cyprus peaked at 5.2 in 2022 and was at its lowest, -1, in 2016.
That places Cyprus 15th out of 31 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.
HICP - Services in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 3.2 | — |
| 1998 | 2.8 | -12.5% |
| 1999 | 1.9 | -32.1% |
| 2000 | 3.4 | +78.9% |
| 2001 | 4 | +17.6% |
| 2002 | 2.9 | -27.5% |
| 2003 | 4.5 | +55.2% |
| 2004 | 2.5 | -44.4% |
| 2005 | 2.1 | -16.0% |
| 2006 | 1.9 | -9.5% |
| 2007 | 3.5 | +84.2% |
| 2008 | 4.4 | +25.7% |
| 2009 | 3.4 | -22.7% |
| 2010 | 0.7 | -79.4% |
| 2011 | 1.1 | +57.1% |
| 2012 | 2.7 | +145.5% |
| 2013 | -0.1 | -103.7% |
| 2014 | 0.3 | -400.0% |
| 2015 | -0.2 | -166.7% |
| 2016 | -1 | +400.0% |
| 2017 | 1.1 | -210.0% |
| 2018 | 1 | -9.1% |
| 2019 | 1.8 | +80.0% |
| 2020 | -0.9 | -150.0% |
| 2021 | 1.4 | -255.6% |
| 2022 | 5.2 | +271.4% |
| 2023 | 3.6 | -30.8% |
| 2024 | 4.2 | +16.7% |
| 2025 | 4.3 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.63 | 1.9 | 3.2 | 3 |
| 2000s | 3.26 | 1.9 | 4.5 | 10 |
| 2010s | 0.74 | -1 | 2.7 | 10 |
| 2020s | 2.97 | -0.9 | 5.2 | 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 capital formation (current US$), annual growth rate 2.03 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1926 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 5,792 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.27 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 0.1704 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5,126 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -4.63 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is hicp - services in Cyprus?
- Hicp - services in Cyprus was 4.3 in 2025, according to European Central Bank.
- What is the highest hicp - services recorded in Cyprus?
- The highest recorded value was 5.2 in 2022.
- What is the lowest hicp - services recorded in Cyprus?
- The lowest recorded value was -1 in 2016.
- How does Cyprus rank for hicp - services?
- Cyprus ranks 15th out of 31 countries with data for 2025.
- Is hicp - services rising or falling in Cyprus?
- Over the last ten years it is up 2,250.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from European Central Bank, published as part of HICP - Services (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).