Value of imported goods as a share of GDP in Cyprus
Cyprus: Value of imported goods as a share of GDP was 49.6% in 2014. ▲ Rising
Value of imported goods as a share of GDP in Cyprus, 1950–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
In 2014, value of imported goods as a share of gdp in Cyprus stood at 49.6%.
That represents a change of down 12.5% on the previous year and down 35.5% over ten years.
Over the whole period, value of imported goods as a share of gdp in Cyprus peaked at 90.3% in 1977 and was at its lowest, 32.0%, in 1953.
Cyprus ranks 67th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 40.4% | 32.0% | 51.3% | 10 |
| 1960s | 38.6% | 34.6% | 42.7% | 10 |
| 1970s | 67.6% | 43.3% | 90.3% | 10 |
| 1980s | 61.6% | 51.7% | 70.4% | 10 |
| 1990s | 52.7% | 42.3% | 64.2% | 10 |
| 2000s | 68.1% | 50.1% | 80.9% | 10 |
| 2010s | 54.8% | 49.6% | 57.6% | 5 |
Countries ranked near Cyprus
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 imported goods as a share of gdp in Cyprus?
- Value of imported goods as a share of gdp in Cyprus was 49.6% in 2014, according to Fouquin and Hugot (2016) – processed 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 90.3% in 1977.
- What is the lowest value of imported goods as a share of gdp recorded in Cyprus?
- The lowest recorded value was 32.0% in 1953.
- How does Cyprus rank for value of imported goods as a share of gdp?
- Cyprus ranks 67th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Cyprus?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is rising.
- 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 imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.