Inflation, consumer prices in Cyprus
Cyprus: Inflation, consumer prices was 1.8 in 2024. β Volatile
Latest (2024)
1.8
Change on year
down 49.2%
World rank
50th
of 70 countries
All-time high
16.18
in 1974
All-time low
-2.1
in 2015
Years of data
65
1960β2024
Inflation, consumer prices in Cyprus, 1960β2024
Source: UNICEF.
Analysis
The most recent figure for inflation, consumer prices in Cyprus is 1.8, measured in 2024.
Compared with earlier readings it is down 49.2% on the previous year and up 232.9% over ten years.
Over the whole period, inflation, consumer prices in Cyprus peaked at 16.18 in 1974 and was at its lowest, -2.1, in 2015.
That places Cyprus 50th out of 70 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9536 | -0.6154 | 3.77 | 10 |
| 1970s | 6.81 | 2.4 | 16.18 | 10 |
| 1980s | 5.8 | 1.22 | 13.52 | 10 |
| 1990s | 3.87 | 1.63 | 6.51 | 10 |
| 2000s | 2.76 | 0.3263 | 4.67 | 10 |
| 2010s | 0.5046 | -2.1 | 3.29 | 10 |
| 2020s | 3.11 | -0.6384 | 8.4 | 5 |
Countries ranked near Cyprus
- 47 Luxembourg 2.05 compare
- 48 France 2 compare
- 49 Slovenia 1.97 compare
- 51 Bosnia and Herzegovina 1.69 compare
- 52 Saudi Arabia 1.69 compare
- 53 United Arab Emirates 1.66 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)
- Taxes less subsidies on products (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0964 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,899 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.59 (2007)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.6286 (2007)
- Domestic currency per US dollar (End-of-period (EoP)) 0.3978 (2007)
- US dollar per domestic currency (End-of-period (EoP)) 2.51 (2007)
- Gdp worldbank constant usd, annual growth rate 3.77 % change on previous year (2025)
Frequently asked questions
- What is inflation, consumer prices in Cyprus?
- Inflation, consumer prices in Cyprus was 1.8 in 2024, according to UNICEF.
- What is the highest inflation, consumer prices recorded in Cyprus?
- The highest recorded value was 16.18 in 1974.
- What is the lowest inflation, consumer prices recorded in Cyprus?
- The lowest recorded value was -2.1 in 2015.
- How does Cyprus rank for inflation, consumer prices?
- Cyprus ranks 50th out of 70 countries with data for 2024.
- Is inflation, consumer prices rising or falling in Cyprus?
- Over the last ten years it is up 232.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from UNICEF, published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 65 observations, free to reuse under UNICEF Terms of Use (attribution required).