ICT service exports in Cyprus
Cyprus: ICT service exports was 28.1% in 2025. ◆ Volatile
ICT service exports in Cyprus, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2025, ict service exports in Cyprus stood at 28.1%.
The figure is down 5.5% on the previous year and up 123.5% over ten years.
Over the whole period, ict service exports in Cyprus peaked at 30.9% in 2023 and was at its lowest, 0.4%, in 1995.
That places Cyprus 15th out of 189 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Cyprus, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1976 | 0.8% | — |
| 1977 | 0.5% | -42.9% |
| 1978 | 0.8% | +74.5% |
| 1979 | 0.8% | +0.9% |
| 1980 | 1.1% | +26.6% |
| 1981 | 1.8% | +66.1% |
| 1982 | 1.1% | -39.9% |
| 1983 | 0.9% | -16.9% |
| 1984 | 1.1% | +21.4% |
| 1985 | 1.0% | -2.5% |
| 1986 | 1.1% | +4.9% |
| 1987 | 0.8% | -24.5% |
| 1988 | 0.8% | -5.9% |
| 1989 | 0.7% | -9.7% |
| 1990 | 0.5% | -22.1% |
| 1991 | 0.9% | +70.3% |
| 1992 | 0.8% | -10.6% |
| 1993 | 0.7% | -21.1% |
| 1994 | 0.6% | -15.5% |
| 1995 | 0.4% | -29.0% |
| 1996 | 0.4% | +0.7% |
| 1997 | 0.8% | +101.1% |
| 1998 | 1.9% | +142.0% |
| 1999 | 2.1% | +11.6% |
| 2000 | 2.0% | -5.6% |
| 2001 | 2.6% | +30.5% |
| 2002 | 2.9% | +9.0% |
| 2003 | 2.7% | -6.2% |
| 2004 | 4.8% | +78.7% |
| 2005 | 4.3% | -10.0% |
| 2006 | 4.4% | +0.9% |
| 2007 | 4.7% | +6.3% |
| 2008 | 8.9% | +90.4% |
| 2009 | 9.6% | +8.1% |
| 2010 | 7.4% | -22.8% |
| 2011 | 6.8% | -8.1% |
| 2012 | 9.5% | +39.1% |
| 2013 | 12.6% | +32.7% |
| 2017 | 16.3% | +29.7% |
| 2018 | 16.2% | -0.5% |
| 2019 | 18.7% | +15.6% |
| 2020 | 25.2% | +34.8% |
| 2021 | 27.6% | +9.3% |
| 2022 | 28.9% | +4.7% |
| 2023 | 30.9% | +6.8% |
| 2024 | 29.7% | -3.8% |
| 2025 | 28.1% | -5.5% |
Cyprus compared with similar countries
- Cyprus's 28.1% is above the median for high income countries, which is 7.6%, 3.7× the median. (68 countries reporting)
- Cyprus's 28.1% is above the median for Europe & Central Asia, which is 11.4%, 2.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 0.8% | 4 |
| 1980s | 1.0% | 0.7% | 1.8% | 10 |
| 1990s | 0.9% | 0.4% | 2.1% | 10 |
| 2000s | 4.7% | 2.0% | 9.6% | 10 |
| 2010s | 12.5% | 6.8% | 18.7% | 7 |
| 2020s | 28.4% | 25.2% | 30.9% | 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)
- 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 ict service exports in Cyprus?
- Ict service exports in Cyprus was 28.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Cyprus?
- The highest recorded value was 30.9% in 2023.
- What is the lowest ict service exports recorded in Cyprus?
- The lowest recorded value was 0.4% in 1995.
- How does Cyprus rank for ict service exports?
- Cyprus ranks 15th out of 189 countries with data for 2025.
- Is ict service exports rising or falling in Cyprus?
- Over the last ten years it is up 123.5%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions).