ICT service exports (BoP, current US$), annual growth rate in Cyprus

Cyprus: ICT service exports (BoP, current US$), annual growth rate was 5.31 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.31 % change on previous year
Change on year
down 14.7%
World rank
103rd
of 189 countries
All-time high
163.17 % change on previous year
in 1998
All-time low
-34.08 % change on previous year
in 1982
Years of data
45
1977–2025

ICT service exports (BoP, current US$), annual growth rate in Cyprus, 1977–2025

-500501001501977200120251977: -32.9 % change on previous year1978: 118.5 % change on previous year1979: 44.9 % change on previous year1980: 64.3 % change on previous year1981: 81.5 % change on previous year1982: -34.1 % change on previous year1983: -9.7 % change on previous year1984: 35.8 % change on previous year1985: 2.6 % change on previous year1986: 33.3 % change on previous year1987: -4.5 % change on previous year1988: 11.9 % change on previous year1989: 3.6 % change on previous year1990: -3.6 % change on previous year1991: 57.8 % change on previous year1992: 21.4 % change on previous year1993: -26.9 % change on previous year1994: -4.3 % change on previous year1995: -9.3 % change on previous year1996: -1.4 % change on previous year1997: 100.8 % change on previous year1998: 163.2 % change on previous year1999: 22.5 % change on previous year2000: -2.7 % change on previous year2001: 39.2 % change on previous year2002: 9.9 % change on previous year2003: 9.7 % change on previous year2004: 103.9 % change on previous year2005: -7.5 % change on previous year2006: 10.5 % change on previous year2007: 34.1 % change on previous year2008: 144.5 % change on previous year2009: -5.6 % change on previous year2010: -22 % change on previous year2011: 3.4 % change on previous year2012: 30.3 % change on previous year2013: 48.4 % change on previous year2018: 6 % change on previous year2019: 28.1 % change on previous year2020: 39.9 % change on previous year2021: 48.5 % change on previous year2022: 23.8 % change on previous year2023: 13.6 % change on previous year2024: 6.2 % change on previous year2025: 5.3 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Cyprus recorded 5.31 % change on previous year for ict service exports (bop, current us$), annual growth rate in 2025.

That represents a change of down 14.7% on the previous year and down 89.0% over ten years.

Over the whole period, ict service exports (bop, current us$), annual growth rate in Cyprus peaked at 163.17 % change on previous year in 1998 and was at its lowest, -34.08 % change on previous year, in 1982.

That places Cyprus 103rd out of 189 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.

ICT service exports (BoP, current US$), annual growth rate in Cyprus, year by year

Annual values for ICT service exports (BoP, current US$), annual growth rate in Cyprus, 1977 to 2025.
Year % change on previous year Change
1977 -32.95 % change on previous year —
1978 118.53 % change on previous year -459.8%
1979 44.9 % change on previous year -62.1%
1980 64.28 % change on previous year +43.2%
1981 81.51 % change on previous year +26.8%
1982 -34.08 % change on previous year -141.8%
1983 -9.73 % change on previous year -71.4%
1984 35.8 % change on previous year -467.9%
1985 2.6 % change on previous year -92.7%
1986 33.31 % change on previous year +1179.3%
1987 -4.49 % change on previous year -113.5%
1988 11.88 % change on previous year -364.4%
1989 3.59 % change on previous year -69.8%
1990 -3.59 % change on previous year -200.1%
1991 57.81 % change on previous year -1709.8%
1992 21.39 % change on previous year -63.0%
1993 -26.93 % change on previous year -225.9%
1994 -4.26 % change on previous year -84.2%
1995 -9.34 % change on previous year +119.3%
1996 -1.36 % change on previous year -85.4%
1997 100.82 % change on previous year -7503.3%
1998 163.17 % change on previous year +61.9%
1999 22.55 % change on previous year -86.2%
2000 -2.72 % change on previous year -112.0%
2001 39.19 % change on previous year -1543.1%
2002 9.89 % change on previous year -74.8%
2003 9.66 % change on previous year -2.3%
2004 103.95 % change on previous year +976.0%
2005 -7.47 % change on previous year -107.2%
2006 10.54 % change on previous year -241.1%
2007 34.09 % change on previous year +223.6%
2008 144.48 % change on previous year +323.8%
2009 -5.57 % change on previous year -103.9%
2010 -22.02 % change on previous year +295.2%
2011 3.42 % change on previous year -115.5%
2012 30.34 % change on previous year +788.2%
2013 48.43 % change on previous year +59.6%
2018 5.99 % change on previous year -87.6%
2019 28.06 % change on previous year +368.5%
2020 39.88 % change on previous year +42.1%
2021 48.46 % change on previous year +21.5%
2022 23.81 % change on previous year -50.9%
2023 13.63 % change on previous year -42.7%
2024 6.23 % change on previous year -54.3%
2025 5.31 % change on previous year -14.7%

Cyprus compared with similar countries

  • Cyprus's 5.31 % change on previous year is below the median for high income countries, which is 8.3 % change on previous year, 64% of the median. (68 countries reporting)
  • Cyprus's 5.31 % change on previous year is below the median for Europe & Central Asia, which is 12.83 % change on previous year, 41% of the median. (50 countries reporting)

Biggest year-on-year movements

Years where ICT service exports (BoP, current US$), annual growth rate 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.

YearChange FromTo
1997 +7503.3% -1.36 % change on previous year 100.82 % change on previous year
1991 +1709.8% -3.59 % change on previous year 57.81 % change on previous year
2001 +1543.1% -2.72 % change on previous year 39.19 % change on previous year
1986 +1179.3% 2.6 % change on previous year 33.31 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 43.49 % change on previous year -32.95 % change on previous year 118.53 % change on previous year 3
1980s 18.47 % change on previous year -34.08 % change on previous year 81.51 % change on previous year 10
1990s 32.03 % change on previous year -26.93 % change on previous year 163.17 % change on previous year 10
2000s 33.6 % change on previous year -7.47 % change on previous year 144.48 % change on previous year 10
2010s 15.7 % change on previous year -22.02 % change on previous year 48.43 % change on previous year 6
2020s 22.89 % change on previous year 5.31 % change on previous year 48.46 % change on previous year 6

Countries ranked near Cyprus

  1. 100 Netherlands 5.86 % change on previous year compare
  2. 101 Switzerland 5.67 % change on previous year compare
  3. 102 Bahrain 5.4 % change on previous year compare
  4. 104 Argentina 4.56 % change on previous year compare
  5. 105 Slovakia 4.48 % change on previous year compare
  6. 106 Mongolia 4.09 % change on previous year compare

See the full ranking of 236 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is ict service exports (bop, current us$), annual growth rate in Cyprus?
Ict service exports (bop, current us$), annual growth rate in Cyprus was 5.31 % change on previous year in 2025, according to Statizoid (derived).
What is the highest ict service exports (bop, current us$), annual growth rate recorded in Cyprus?
The highest recorded value was 163.17 % change on previous year in 1998.
What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Cyprus?
The lowest recorded value was -34.08 % change on previous year in 1982.
How does Cyprus rank for ict service exports (bop, current us$), annual growth rate?
Cyprus ranks 103rd out of 189 countries with data for 2025.
Is ict service exports (bop, current us$), annual growth rate rising or falling in Cyprus?
Over the last ten years it is down 89.0%. 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 ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.

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ICT service exports (BoP, current US$), annual growth rate in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/ict-service-exports-bop-current-us-annual-growth-rate/cyprus/

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How this figure is calculated

The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
ICT service exports (BoP, current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
236 places, 6,085 data points, 1961–2025
Last refreshed

The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.