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.
Value of exported goods as a share of GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1950 | 26.8% | — |
| 1951 | 34.0% | +27.0% |
| 1952 | 32.7% | -3.7% |
| 1953 | 24.6% | -24.8% |
| 1954 | 25.7% | +4.6% |
| 1955 | 28.4% | +10.2% |
| 1956 | 28.4% | +0.3% |
| 1957 | 26.2% | -7.9% |
| 1958 | 22.2% | -15.4% |
| 1959 | 22.7% | +2.3% |
| 1960 | 22.1% | -2.7% |
| 1961 | 18.9% | -14.5% |
| 1962 | 18.7% | -1.0% |
| 1963 | 18.6% | -0.2% |
| 1964 | 19.8% | +6.2% |
| 1965 | 19.2% | -2.9% |
| 1966 | 21.1% | +9.7% |
| 1967 | 17.6% | -16.6% |
| 1968 | 20.0% | +13.8% |
| 1969 | 19.2% | -4.0% |
| 1970 | 19.6% | +2.0% |
| 1971 | 18.2% | -7.1% |
| 1972 | 18.0% | -0.9% |
| 1973 | 21.3% | +17.9% |
| 1974 | 22.2% | +4.5% |
| 1975 | 30.7% | +38.1% |
| 1976 | 44.0% | +43.2% |
| 1977 | 44.9% | +2.2% |
| 1978 | 43.9% | -2.2% |
| 1979 | 37.9% | -13.7% |
| 1980 | 28.8% | -24.1% |
| 1981 | 27.2% | -5.4% |
| 1982 | 26.2% | -3.7% |
| 1983 | 24.8% | -5.3% |
| 1984 | 26.4% | +6.4% |
| 1985 | 23.6% | -10.6% |
| 1986 | 18.5% | -21.3% |
| 1987 | 19.0% | +2.7% |
| 1988 | 20.6% | +8.1% |
| 1989 | 27.4% | +33.3% |
| 1990 | 19.3% | -29.6% |
| 1991 | 20.7% | +7.1% |
| 1992 | 15.0% | -27.6% |
| 1993 | 18.5% | +23.5% |
| 1994 | 14.2% | -23.2% |
| 1995 | 13.0% | -8.5% |
| 1996 | 14.2% | +8.8% |
| 1997 | 13.1% | -7.2% |
| 1998 | 10.5% | -20.4% |
| 1999 | 12.9% | +23.1% |
| 2000 | 14.4% | +11.6% |
| 2001 | 13.8% | -4.1% |
| 2002 | 11.4% | -17.5% |
| 2003 | 11.0% | -3.3% |
| 2004 | 10.7% | -2.5% |
| 2005 | 11.7% | +9.2% |
| 2006 | 25.2% | +115.2% |
| 2007 | 18.0% | -28.5% |
| 2008 | 15.6% | -13.3% |
| 2009 | 11.3% | -27.9% |
| 2010 | 14.9% | +32.0% |
| 2011 | 18.9% | +27.2% |
| 2012 | 24.1% | +27.4% |
| 2013 | 22.9% | -4.9% |
| 2014 | 16.1% | -29.9% |
Cyprus compared with similar countries
- Cyprus's 16.1% is below the median for high income countries, which is 34.4%, 47% of the median. (67 countries reporting)
- Cyprus's 16.1% is below the median for Europe & Central Asia, which is 31.6%, 51% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Value of exported goods as a share of GDP 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 |
|---|---|---|---|
| 2006 | +115.2% | 11.7% | 25.2% |
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
- 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 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.