Service exports in Cyprus
Cyprus: Service exports was 35.73 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
35.73 billion BoP, current US$
Change on year
up 11.4%
World rank
42nd
of 200 countries
All-time high
35.73 billion BoP, current US$
in 2025
All-time low
175.88 million BoP, current US$
in 1976
Years of data
50
1976–2025
Service exports in Cyprus, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cyprus recorded 35.73 billion BoP, current US$ for service exports in 2025. That is the highest value across all 50 years on record.
That represents a change of up 11.4% on the previous year and up 232.7% over ten years.
Over the whole period, service exports in Cyprus peaked at 35.73 billion BoP, current US$ in 2025 and was at its lowest, 175.88 million BoP, current US$, in 1976.
That places Cyprus 42nd out of 200 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Cyprus, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 175.88 million BoP, current US$ | — |
| 1977 | 206.56 million BoP, current US$ | +17.4% |
| 1978 | 258.63 million BoP, current US$ | +25.2% |
| 1979 | 371.29 million BoP, current US$ | +43.6% |
| 1980 | 481.80 million BoP, current US$ | +29.8% |
| 1981 | 526.54 million BoP, current US$ | +9.3% |
| 1982 | 577.22 million BoP, current US$ | +9.6% |
| 1983 | 627.37 million BoP, current US$ | +8.7% |
| 1984 | 701.58 million BoP, current US$ | +11.8% |
| 1985 | 738.39 million BoP, current US$ | +5.2% |
| 1986 | 938.54 million BoP, current US$ | +27.1% |
| 1987 | 1.19 billion BoP, current US$ | +26.6% |
| 1988 | 1.41 billion BoP, current US$ | +18.8% |
| 1989 | 1.62 billion BoP, current US$ | +14.7% |
| 1990 | 2.00 billion BoP, current US$ | +23.8% |
| 1991 | 1.86 billion BoP, current US$ | -7.3% |
| 1992 | 2.52 billion BoP, current US$ | +35.8% |
| 1993 | 2.34 billion BoP, current US$ | -7.4% |
| 1994 | 2.65 billion BoP, current US$ | +13.3% |
| 1995 | 3.38 billion BoP, current US$ | +27.6% |
| 1996 | 3.31 billion BoP, current US$ | -2.0% |
| 1997 | 3.31 billion BoP, current US$ | -0.1% |
| 1998 | 3.59 billion BoP, current US$ | +8.8% |
| 1999 | 3.95 billion BoP, current US$ | +9.8% |
| 2000 | 4.07 billion BoP, current US$ | +3.1% |
| 2001 | 4.34 billion BoP, current US$ | +6.7% |
| 2002 | 4.37 billion BoP, current US$ | +0.8% |
| 2003 | 5.11 billion BoP, current US$ | +16.9% |
| 2004 | 5.84 billion BoP, current US$ | +14.1% |
| 2005 | 6.00 billion BoP, current US$ | +2.8% |
| 2006 | 6.58 billion BoP, current US$ | +9.6% |
| 2007 | 8.30 billion BoP, current US$ | +26.2% |
| 2008 | 10.65 billion BoP, current US$ | +28.4% |
| 2009 | 9.30 billion BoP, current US$ | -12.7% |
| 2010 | 9.40 billion BoP, current US$ | +1.0% |
| 2011 | 10.58 billion BoP, current US$ | +12.6% |
| 2012 | 9.92 billion BoP, current US$ | -6.3% |
| 2013 | 11.09 billion BoP, current US$ | +11.8% |
| 2014 | 11.74 billion BoP, current US$ | +5.9% |
| 2015 | 10.74 billion BoP, current US$ | -8.6% |
| 2016 | 11.96 billion BoP, current US$ | +11.4% |
| 2017 | 13.89 billion BoP, current US$ | +16.1% |
| 2018 | 14.78 billion BoP, current US$ | +6.5% |
| 2019 | 16.38 billion BoP, current US$ | +10.8% |
| 2020 | 17.00 billion BoP, current US$ | +3.8% |
| 2021 | 23.09 billion BoP, current US$ | +35.8% |
| 2022 | 27.30 billion BoP, current US$ | +18.3% |
| 2023 | 29.04 billion BoP, current US$ | +6.4% |
| 2024 | 32.06 billion BoP, current US$ | +10.4% |
| 2025 | 35.73 billion BoP, current US$ | +11.4% |
Cyprus compared with similar countries
- Cyprus's 35.73 billion BoP, current US$ is above the median for high income countries, which is 24.56 billion BoP, current US$, 1.5× the median. (72 countries reporting)
- Cyprus's 35.73 billion BoP, current US$ is above the median for Europe & Central Asia, which is 24.77 billion BoP, current US$, 1.4× the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 253.09 million BoP, current US$ | 175.88 million BoP, current US$ | 371.29 million BoP, current US$ | 4 |
| 1980s | 880.96 million BoP, current US$ | 481.80 million BoP, current US$ | 1.62 billion BoP, current US$ | 10 |
| 1990s | 2.89 billion BoP, current US$ | 1.86 billion BoP, current US$ | 3.95 billion BoP, current US$ | 10 |
| 2000s | 6.46 billion BoP, current US$ | 4.07 billion BoP, current US$ | 10.65 billion BoP, current US$ | 10 |
| 2010s | 12.05 billion BoP, current US$ | 9.40 billion BoP, current US$ | 16.38 billion BoP, current US$ | 10 |
| 2020s | 27.37 billion BoP, current US$ | 17.00 billion BoP, current US$ | 35.73 billion BoP, current US$ | 6 |
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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is service exports in Cyprus?
- Service exports in Cyprus was 35.73 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Cyprus?
- The highest recorded value was 35.73 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Cyprus?
- The lowest recorded value was 175.88 million BoP, current US$ in 1976.
- How does Cyprus rank for service exports?
- Cyprus ranks 42nd out of 200 countries with data for 2025.
- Is service exports rising or falling in Cyprus?
- Over the last ten years it is up 232.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.