Value of exported goods as a share of GDP in Cyprus
Cyprus: Value of exported goods as a share of GDP was 16.1% in 2014. ▼ Falling
Value of exported goods as a share of GDP in Cyprus, 1950–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for value of exported goods as a share of gdp in Cyprus is 16.1%, measured in 2014.
The figure is down 29.9% on the previous year and up 49.8% over ten years.
Over the whole period, value of exported goods as a share of gdp in Cyprus peaked at 44.9% in 1977 and was at its lowest, 10.5%, in 1998.
That places Cyprus 144th out of 193 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 27.2% | 22.2% | 34.0% | 10 |
| 1960s | 19.5% | 17.6% | 22.1% | 10 |
| 1970s | 30.1% | 18.0% | 44.9% | 10 |
| 1980s | 24.2% | 18.5% | 28.8% | 10 |
| 1990s | 15.1% | 10.5% | 20.7% | 10 |
| 2000s | 14.3% | 10.7% | 25.2% | 10 |
| 2010s | 19.4% | 14.9% | 24.1% | 5 |
Countries ranked near Cyprus
- 141 Australia 16.9% compare
- 142 Kyrgyzstan 16.6% compare
- 143 Dominican Republic 16.4% compare
- 145 Colombia 15.8% compare
- 146 Japan 15.6% compare
- 147 United Kingdom 15.4% compare
More economy & growth data for Cyprus
- External balance on goods and services as a percent of GDP 5.7% (2025)
- Inflation of consumer prices 0.1% (2025)
- GDP per capita 33,527 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.4% (2025)
- Gross domestic product (GDP) 33.08 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 33,527 constant 2015 US$ (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -338.90 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -382.95 million current US$ (2025)
- Taxes less subsidies on products 3.97 billion current LCU (2025)
Frequently asked questions
- What is value of exported goods as a share of gdp in Cyprus?
- Value of exported goods as a share of gdp in Cyprus was 16.1% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of exported goods as a share of gdp recorded in Cyprus?
- The highest recorded value was 44.9% in 1977.
- What is the lowest value of exported goods as a share of gdp recorded in Cyprus?
- The lowest recorded value was 10.5% in 1998.
- How does Cyprus rank for value of exported goods as a share of gdp?
- Cyprus ranks 144th out of 193 countries with data for 2014.
- Is value of exported goods as a share of gdp rising or falling in Cyprus?
- Over the last ten years it is up 49.8%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of exported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Total value of merchandise exports divided by gross domestic product (GDP), expressed as a percentage.