Inflation, GDP deflator (annual %) in Cyprus
Cyprus: Inflation, GDP deflator was 1.1% in 2025. ◆ Volatile
Inflation, GDP deflator in Cyprus, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
The most recent figure for inflation, gdp deflator in Cyprus is 1.1%, measured in 2025.
The figure is down 64.4% on the previous year and up 247.5% over ten years.
Over the whole period, inflation, gdp deflator in Cyprus peaked at 14.2% in 1980 and was at its lowest, -1.3%, in 2014.
That places Cyprus 175th out of 214 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in Cyprus, year by year
| Year | annual % | Change |
|---|---|---|
| 1976 | 8.0% | — |
| 1977 | 8.9% | +10.8% |
| 1978 | 11.1% | +24.5% |
| 1979 | 13.1% | +18.6% |
| 1980 | 14.2% | +7.7% |
| 1981 | 12.4% | -12.5% |
| 1982 | 10.4% | -16.4% |
| 1983 | 5.0% | -51.3% |
| 1984 | 8.2% | +62.2% |
| 1985 | 5.7% | -30.7% |
| 1986 | 4.2% | -26.8% |
| 1987 | 3.9% | -7.0% |
| 1988 | 3.2% | -17.3% |
| 1989 | 4.8% | +48.8% |
| 1990 | 5.4% | +14.3% |
| 1991 | 3.9% | -28.4% |
| 1992 | 6.0% | +55.4% |
| 1993 | 4.8% | -20.5% |
| 1994 | 5.3% | +9.7% |
| 1995 | 13.6% | +158.0% |
| 1996 | 2.6% | -80.6% |
| 1997 | 2.2% | -15.3% |
| 1998 | 2.0% | -12.1% |
| 1999 | 2.3% | +17.1% |
| 2000 | 2.7% | +19.2% |
| 2001 | 3.7% | +33.4% |
| 2002 | 0.3% | -91.9% |
| 2003 | 5.4% | +1717.8% |
| 2004 | 2.7% | -49.7% |
| 2005 | 2.0% | -25.5% |
| 2006 | 3.1% | +52.8% |
| 2007 | 4.1% | +34.1% |
| 2008 | 4.7% | +14.4% |
| 2009 | 0.3% | -94.4% |
| 2010 | 1.9% | +615.6% |
| 2011 | 1.6% | -14.1% |
| 2012 | 1.7% | +3.9% |
| 2013 | -0.9% | -155.9% |
| 2014 | -1.3% | +42.7% |
| 2015 | -0.8% | -43.6% |
| 2016 | -0.6% | -23.8% |
| 2017 | 1.0% | -277.5% |
| 2018 | 1.0% | +0.5% |
| 2019 | 1.4% | +31.6% |
| 2020 | -1.2% | -189.5% |
| 2021 | 3.0% | -351.2% |
| 2022 | 6.2% | +103.2% |
| 2023 | 5.6% | -9.2% |
| 2024 | 3.1% | -44.3% |
| 2025 | 1.1% | -64.4% |
Cyprus compared with similar countries
- Cyprus's 1.1% is below the median for high income countries, which is 2.6%, 42% of the median. (82 countries reporting)
- Cyprus's 1.1% is below the median for Europe & Central Asia, which is 3.5%, 32% of the median. (56 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator 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.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1717.8% | 0.3% | 5.4% |
| 2010 | +615.6% | 0.3% | 1.9% |
| 2021 | +351.2% | -1.2% | 3.0% |
| 2017 | +277.5% | -0.6% | 1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.3% | 8.0% | 13.1% | 4 |
| 1980s | 7.2% | 3.2% | 14.2% | 10 |
| 1990s | 4.8% | 2.0% | 13.6% | 10 |
| 2000s | 2.9% | 0.3% | 5.4% | 10 |
| 2010s | 0.5% | -1.3% | 1.9% | 10 |
| 2020s | 3.0% | -1.2% | 6.2% | 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in Cyprus?
- Inflation, gdp deflator in Cyprus was 1.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Cyprus?
- The highest recorded value was 14.2% in 1980.
- What is the lowest inflation, gdp deflator recorded in Cyprus?
- The lowest recorded value was -1.3% in 2014.
- How does Cyprus rank for inflation, gdp deflator?
- Cyprus ranks 175th out of 214 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Cyprus?
- Over the last ten years it is up 247.5%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.