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
Latest (2014)
49.6%
Change on year
down 12.5%
World rank
67th
of 193 countries
All-time high
90.3%
in 1977
All-time low
32.0%
in 1953
Years of data
65
1950–2014
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.
Value of imported goods as a share of GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1950 | 35.2% | — |
| 1951 | 40.5% | +15.0% |
| 1952 | 35.0% | -13.5% |
| 1953 | 32.0% | -8.5% |
| 1954 | 34.3% | +6.9% |
| 1955 | 42.2% | +23.2% |
| 1956 | 45.5% | +7.9% |
| 1957 | 51.3% | +12.6% |
| 1958 | 41.6% | -18.9% |
| 1959 | 45.9% | +10.4% |
| 1960 | 42.7% | -7.0% |
| 1961 | 40.1% | -6.1% |
| 1962 | 39.4% | -1.7% |
| 1963 | 39.6% | +0.6% |
| 1964 | 34.6% | -12.6% |
| 1965 | 37.5% | +8.2% |
| 1966 | 37.2% | -0.6% |
| 1967 | 34.7% | -6.9% |
| 1968 | 38.5% | +11.0% |
| 1969 | 41.5% | +7.8% |
| 1970 | 43.3% | +4.4% |
| 1971 | 44.2% | +2.1% |
| 1972 | 47.2% | +6.8% |
| 1973 | 57.2% | +21.3% |
| 1974 | 69.6% | +21.6% |
| 1975 | 72.9% | +4.8% |
| 1976 | 84.6% | +16.1% |
| 1977 | 90.3% | +6.7% |
| 1978 | 82.6% | -8.6% |
| 1979 | 84.2% | +1.9% |
| 1980 | 67.9% | -19.3% |
| 1981 | 63.0% | -7.1% |
| 1982 | 63.7% | +1.0% |
| 1983 | 63.9% | +0.4% |
| 1984 | 70.4% | +10.2% |
| 1985 | 65.6% | -6.8% |
| 1986 | 52.4% | -20.2% |
| 1987 | 55.7% | +6.3% |
| 1988 | 51.7% | -7.1% |
| 1989 | 61.6% | +19.1% |
| 1990 | 56.2% | -8.8% |
| 1991 | 59.8% | +6.5% |
| 1992 | 64.2% | +7.3% |
| 1993 | 59.9% | -6.6% |
| 1994 | 56.8% | -5.2% |
| 1995 | 49.3% | -13.2% |
| 1996 | 42.3% | -14.3% |
| 1997 | 44.0% | +4.1% |
| 1998 | 50.8% | +15.5% |
| 1999 | 43.4% | -14.6% |
| 2000 | 67.1% | +54.7% |
| 2001 | 61.2% | -8.8% |
| 2002 | 63.5% | +3.8% |
| 2003 | 71.2% | +12.1% |
| 2004 | 76.9% | +8.0% |
| 2005 | 74.3% | -3.4% |
| 2006 | 80.9% | +8.9% |
| 2007 | 71.9% | -11.2% |
| 2008 | 63.3% | -11.9% |
| 2009 | 50.1% | -20.9% |
| 2010 | 54.9% | +9.7% |
| 2011 | 55.1% | +0.4% |
| 2012 | 57.6% | +4.5% |
| 2013 | 56.7% | -1.5% |
| 2014 | 49.6% | -12.5% |
Cyprus compared with similar countries
- Cyprus's 49.6% is above the median for high income countries, which is 38.0%, 1.3× the median. (67 countries reporting)
- Cyprus's 49.6% is above the median for Europe & Central Asia, which is 39.4%, 1.3× the median. (49 countries reporting)
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
- 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 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.