Service exports (BoP, current US$), annual growth rate in Cyprus
Cyprus: Service exports (BoP, current US$), annual growth rate was 11.45 % change on previous year in 2025. ◆ Volatile
Service exports (BoP, current US$), annual growth rate in Cyprus, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for service exports (bop, current us$), annual growth rate in Cyprus is 11.45 % change on previous year, measured in 2025.
That represents a change of up 10.2% on the previous year and up 233.7% over ten years.
Over the whole period, service exports (bop, current us$), annual growth rate in Cyprus peaked at 43.56 % change on previous year in 1979 and was at its lowest, -12.67 % change on previous year, in 2009.
That places Cyprus 72nd out of 199 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), annual growth rate in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 17.44 % change on previous year | — |
| 1978 | 25.21 % change on previous year | +44.6% |
| 1979 | 43.56 % change on previous year | +72.8% |
| 1980 | 29.76 % change on previous year | -31.7% |
| 1981 | 9.29 % change on previous year | -68.8% |
| 1982 | 9.62 % change on previous year | +3.6% |
| 1983 | 8.69 % change on previous year | -9.7% |
| 1984 | 11.83 % change on previous year | +36.1% |
| 1985 | 5.25 % change on previous year | -55.6% |
| 1986 | 27.11 % change on previous year | +416.7% |
| 1987 | 26.57 % change on previous year | -2.0% |
| 1988 | 18.83 % change on previous year | -29.1% |
| 1989 | 14.66 % change on previous year | -22.1% |
| 1990 | 23.78 % change on previous year | +62.2% |
| 1991 | -7.31 % change on previous year | -130.7% |
| 1992 | 35.77 % change on previous year | -589.3% |
| 1993 | -7.39 % change on previous year | -120.7% |
| 1994 | 13.34 % change on previous year | -280.6% |
| 1995 | 27.61 % change on previous year | +106.9% |
| 1996 | -2.01 % change on previous year | -107.3% |
| 1997 | -0.1414 % change on previous year | -93.0% |
| 1998 | 8.76 % change on previous year | -6297.0% |
| 1999 | 9.8 % change on previous year | +11.8% |
| 2000 | 3.07 % change on previous year | -68.7% |
| 2001 | 6.69 % change on previous year | +117.9% |
| 2002 | 0.7889 % change on previous year | -88.2% |
| 2003 | 16.92 % change on previous year | +2044.2% |
| 2004 | 14.11 % change on previous year | -16.6% |
| 2005 | 2.83 % change on previous year | -79.9% |
| 2006 | 9.59 % change on previous year | +238.4% |
| 2007 | 26.17 % change on previous year | +172.9% |
| 2008 | 28.39 % change on previous year | +8.5% |
| 2009 | -12.67 % change on previous year | -144.6% |
| 2010 | 1.03 % change on previous year | -108.1% |
| 2011 | 12.58 % change on previous year | +1122.3% |
| 2012 | -6.28 % change on previous year | -149.9% |
| 2013 | 11.83 % change on previous year | -288.3% |
| 2014 | 5.9 % change on previous year | -50.1% |
| 2015 | -8.56 % change on previous year | -245.1% |
| 2016 | 11.38 % change on previous year | -233.0% |
| 2017 | 16.08 % change on previous year | +41.2% |
| 2018 | 6.48 % change on previous year | -59.7% |
| 2019 | 10.81 % change on previous year | +66.8% |
| 2020 | 3.79 % change on previous year | -64.9% |
| 2021 | 35.76 % change on previous year | +842.8% |
| 2022 | 18.27 % change on previous year | -48.9% |
| 2023 | 6.38 % change on previous year | -65.1% |
| 2024 | 10.39 % change on previous year | +62.9% |
| 2025 | 11.45 % change on previous year | +10.2% |
Cyprus compared with similar countries
- Cyprus's 11.45 % change on previous year is above the median for high income countries, which is 8.45 % change on previous year, 1.4× the median. (71 countries reporting)
- Cyprus's 11.45 % change on previous year is above the median for Europe & Central Asia, which is 9.57 % change on previous year, 1.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), annual growth rate 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 |
|---|---|---|---|
| 1998 | +6297.0% | -0.1414 % change on previous year | 8.76 % change on previous year |
| 2003 | +2044.2% | 0.7889 % change on previous year | 16.92 % change on previous year |
| 2011 | +1122.3% | 1.03 % change on previous year | 12.58 % change on previous year |
| 2021 | +842.8% | 3.79 % change on previous year | 35.76 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.74 % change on previous year | 17.44 % change on previous year | 43.56 % change on previous year | 3 |
| 1980s | 16.16 % change on previous year | 5.25 % change on previous year | 29.76 % change on previous year | 10 |
| 1990s | 10.22 % change on previous year | -7.39 % change on previous year | 35.77 % change on previous year | 10 |
| 2000s | 9.59 % change on previous year | -12.67 % change on previous year | 28.39 % change on previous year | 10 |
| 2010s | 6.13 % change on previous year | -8.56 % change on previous year | 16.08 % change on previous year | 10 |
| 2020s | 14.34 % change on previous year | 3.79 % change on previous year | 35.76 % change on previous year | 6 |
Countries ranked near Cyprus
- 69 Micronesia (country) 11.75 % change on previous year compare
- 70 Pakistan 11.61 % change on previous year compare
- 71 Hong Kong 11.54 % change on previous year compare
- 73 Sweden 11.23 % change on previous year compare
- 74 United Kingdom 11.13 % change on previous year compare
- 75 Saint Vincent and the Grenadines 11.09 % change on previous year 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is service exports (bop, current us$), annual growth rate in Cyprus?
- Service exports (bop, current us$), annual growth rate in Cyprus was 11.45 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), annual growth rate recorded in Cyprus?
- The highest recorded value was 43.56 % change on previous year in 1979.
- What is the lowest service exports (bop, current us$), annual growth rate recorded in Cyprus?
- The lowest recorded value was -12.67 % change on previous year in 2009.
- How does Cyprus rank for service exports (bop, current us$), annual growth rate?
- Cyprus ranks 72nd out of 199 countries with data for 2025.
- Is service exports (bop, current us$), annual growth rate rising or falling in Cyprus?
- Over the last ten years it is up 233.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.