Share of products from least-developed countries that have no tariff in Cyprus
Cyprus: Share of products from least-developed countries that have no tariff was 76.3% in 2024. ▲ Rising
Share of products from least-developed countries that have no tariff in Cyprus, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of products from least-developed countries that have no tariff in Cyprus stood at 76.3%.
That represents a change of up 0.1% on the previous year and up 19.9% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Cyprus peaked at 76.5% in 2021 and was at its lowest, 35.7%, in 2005.
That places Cyprus 42nd out of 230 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 35.7% | — |
| 2010 | 62.4% | +74.5% |
| 2015 | 63.6% | +2.0% |
| 2016 | 68.6% | +7.8% |
| 2017 | 73.9% | +7.8% |
| 2018 | 74.9% | +1.3% |
| 2019 | 70.1% | -6.3% |
| 2020 | 71.8% | +2.4% |
| 2021 | 76.5% | +6.5% |
| 2022 | 75.5% | -1.4% |
| 2023 | 76.2% | +1.0% |
| 2024 | 76.3% | +0.1% |
Cyprus compared with similar countries
- Cyprus's 76.3% is above the median for high income countries, which is 64.9%, 1.2× the median. (80 countries reporting)
- Cyprus's 76.3% is above the median for Europe & Central Asia, which is 67.7%, 1.1× the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.7% | 35.7% | 35.7% | 1 |
| 2010s | 68.9% | 62.4% | 74.9% | 6 |
| 2020s | 75.2% | 71.8% | 76.5% | 5 |
Countries ranked near Cyprus
- 39 Cape Verde 76.9% compare
- 40 El Salvador 76.6% compare
- 41 Iceland 76.5% compare
- 43 Singapore 76.2% compare
- 44 Jordan 76.1% compare
- 45 Central African Republic 75.6% 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 share of products from least-developed countries that have no tariff in Cyprus?
- Share of products from least-developed countries that have no tariff in Cyprus was 76.3% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Cyprus?
- The highest recorded value was 76.5% in 2021.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Cyprus?
- The lowest recorded value was 35.7% in 2005.
- How does Cyprus rank for share of products from least-developed countries that have no tariff?
- Cyprus ranks 42nd out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Cyprus?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).