Value of imported goods as a share of GDP in Cyprus
Cyprus: Value of imported goods as a share of GDP was 32.5% in 2024. ▼ Falling
Value of imported goods as a share of GDP in Cyprus, 1975–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Cyprus recorded 32.5% for value of imported goods as a share of gdp in 2024.
The figure is down 13.6% on the previous year and down 2.6% over ten years.
Over the whole period, value of imported goods as a share of gdp in Cyprus peaked at 76.4% in 1977 and was at its lowest, 26.4%, in 2013.
Cyprus ranks 95th of 201 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Value of imported goods as a share of GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 57.6% | — |
| 1976 | 68.5% | +19.0% |
| 1977 | 76.4% | +11.5% |
| 1978 | 71.3% | -6.6% |
| 1979 | 70.2% | -1.6% |
| 1980 | 50.7% | -27.8% |
| 1981 | 51.0% | +0.6% |
| 1982 | 50.8% | -0.5% |
| 1983 | 50.7% | -0.1% |
| 1984 | 54.6% | +7.6% |
| 1985 | 46.2% | -15.4% |
| 1986 | 36.1% | -21.8% |
| 1987 | 35.6% | -1.5% |
| 1988 | 38.4% | +8.0% |
| 1989 | 44.6% | +16.2% |
| 1990 | 45.0% | +0.9% |
| 1991 | 43.1% | -4.3% |
| 1992 | 47.0% | +9.1% |
| 1993 | 37.1% | -21.1% |
| 1994 | 38.1% | +2.6% |
| 1995 | 35.3% | -7.3% |
| 1996 | 37.0% | +4.7% |
| 1997 | 36.0% | -2.6% |
| 1998 | 35.1% | -2.5% |
| 1999 | 33.7% | -4.1% |
| 2000 | 31.1% | -7.5% |
| 2001 | 32.1% | +3.2% |
| 2002 | 30.3% | -5.7% |
| 2003 | 27.9% | -8.1% |
| 2004 | 31.4% | +12.8% |
| 2005 | 33.5% | +6.7% |
| 2006 | 34.0% | +1.3% |
| 2007 | 35.9% | +5.7% |
| 2008 | 38.0% | +5.9% |
| 2009 | 30.0% | -21.1% |
| 2010 | 32.6% | +8.7% |
| 2011 | 31.0% | -4.9% |
| 2012 | 29.0% | -6.3% |
| 2013 | 26.4% | -9.3% |
| 2014 | 33.4% | +26.6% |
| 2015 | 34.0% | +1.8% |
| 2016 | 36.2% | +6.6% |
| 2017 | 38.4% | +6.1% |
| 2018 | 38.4% | +0.0% |
| 2019 | 34.2% | -11.0% |
| 2020 | 30.7% | -10.3% |
| 2021 | 33.0% | +7.7% |
| 2022 | 38.2% | +15.5% |
| 2023 | 37.6% | -1.4% |
| 2024 | 32.5% | -13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 68.8% | 57.6% | 76.4% | 5 |
| 1980s | 45.9% | 35.6% | 54.6% | 10 |
| 1990s | 38.7% | 33.7% | 47.0% | 10 |
| 2000s | 32.4% | 27.9% | 38.0% | 10 |
| 2010s | 33.4% | 26.4% | 38.4% | 10 |
| 2020s | 34.4% | 30.7% | 38.2% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 8.53 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0242 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 729.18 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1848 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,559 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.36 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1636 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is value of imported goods as a share of gdp in Cyprus?
- Value of imported goods as a share of gdp in Cyprus was 32.5% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Cyprus?
- The highest recorded value was 76.4% in 1977.
- What is the lowest value of imported goods as a share of gdp recorded in Cyprus?
- The lowest recorded value was 26.4% in 2013.
- How does Cyprus rank for value of imported goods as a share of gdp?
- Cyprus ranks 95th out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Cyprus?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).