Share of household consumption in GDP vs. GDP per capita in Cyprus
Cyprus: Share of household consumption in GDP vs. GDP per capita was 82.6% in 2023. ▲ Rising
Latest (2023)
82.6%
Change on year
down 1.9%
World rank
18th
of 184 countries
All-time high
84.2%
in 2022
All-time low
32.1%
in 1957
Years of data
74
1950–2023
Share of household consumption in GDP vs. GDP per capita in Cyprus, 1950–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Cyprus recorded 82.6% for share of household consumption in gdp vs. gdp per capita in 2023.
That represents a change of down 1.9% on the previous year and up 6.2% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Cyprus peaked at 84.2% in 2022 and was at its lowest, 32.1%, in 1957.
Cyprus ranks 18th of 184 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 74 years of available data.
Share of household consumption in GDP vs. GDP per capita in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1950 | 47.0% | — |
| 1951 | 49.0% | +4.4% |
| 1952 | 47.9% | -2.3% |
| 1953 | 46.9% | -2.2% |
| 1954 | 36.5% | -22.0% |
| 1955 | 35.3% | -3.3% |
| 1956 | 35.1% | -0.7% |
| 1957 | 32.1% | -8.4% |
| 1958 | 33.4% | +3.9% |
| 1959 | 35.5% | +6.3% |
| 1960 | 47.3% | +33.3% |
| 1961 | 44.7% | -5.6% |
| 1962 | 40.8% | -8.7% |
| 1963 | 43.8% | +7.5% |
| 1964 | 46.0% | +4.9% |
| 1965 | 42.1% | -8.5% |
| 1966 | 45.6% | +8.3% |
| 1967 | 47.0% | +3.1% |
| 1968 | 49.4% | +5.2% |
| 1969 | 46.6% | -5.6% |
| 1970 | 47.5% | +1.8% |
| 1971 | 47.5% | -0.0% |
| 1972 | 48.9% | +3.0% |
| 1973 | 53.9% | +10.4% |
| 1974 | 59.6% | +10.5% |
| 1975 | 60.6% | +1.6% |
| 1976 | 54.7% | -9.8% |
| 1977 | 52.0% | -4.8% |
| 1978 | 52.0% | +0.0% |
| 1979 | 48.7% | -6.4% |
| 1980 | 49.6% | +1.9% |
| 1981 | 50.0% | +0.7% |
| 1982 | 51.2% | +2.5% |
| 1983 | 52.1% | +1.9% |
| 1984 | 48.9% | -6.2% |
| 1985 | 51.3% | +4.8% |
| 1986 | 50.2% | -2.0% |
| 1987 | 48.7% | -3.0% |
| 1988 | 50.9% | +4.4% |
| 1989 | 49.0% | -3.7% |
| 1990 | 52.9% | +7.9% |
| 1991 | 57.8% | +9.3% |
| 1992 | 58.1% | +0.5% |
| 1993 | 56.2% | -3.3% |
| 1994 | 54.9% | -2.2% |
| 1995 | 64.5% | +17.4% |
| 1996 | 68.0% | +5.5% |
| 1997 | 67.1% | -1.4% |
| 1998 | 70.6% | +5.3% |
| 1999 | 67.9% | -3.8% |
| 2000 | 64.6% | -4.9% |
| 2001 | 64.9% | +0.4% |
| 2002 | 67.3% | +3.7% |
| 2003 | 70.5% | +4.8% |
| 2004 | 73.4% | +4.0% |
| 2005 | 74.7% | +1.8% |
| 2006 | 75.0% | +0.4% |
| 2007 | 80.1% | +6.8% |
| 2008 | 82.4% | +2.9% |
| 2009 | 73.1% | -11.4% |
| 2010 | 75.8% | +3.7% |
| 2011 | 78.7% | +3.8% |
| 2012 | 76.5% | -2.7% |
| 2013 | 77.7% | +1.5% |
| 2014 | 81.7% | +5.1% |
| 2015 | 76.8% | -6.0% |
| 2016 | 73.0% | -5.0% |
| 2017 | 74.4% | +1.9% |
| 2018 | 78.1% | +4.9% |
| 2019 | 72.5% | -7.2% |
| 2020 | 71.8% | -0.9% |
| 2021 | 71.7% | -0.2% |
| 2022 | 84.2% | +17.4% |
| 2023 | 82.6% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 39.9% | 32.1% | 49.0% | 10 |
| 1960s | 45.3% | 40.8% | 49.4% | 10 |
| 1970s | 52.5% | 47.5% | 60.6% | 10 |
| 1980s | 50.2% | 48.7% | 52.1% | 10 |
| 1990s | 61.8% | 52.9% | 70.6% | 10 |
| 2000s | 72.6% | 64.6% | 82.4% | 10 |
| 2010s | 76.5% | 72.5% | 81.7% | 10 |
| 2020s | 77.6% | 71.7% | 84.2% | 4 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 3.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5009 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 15,066 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.484 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 14,556 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.68 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in Cyprus?
- Share of household consumption in gdp vs. gdp per capita in Cyprus was 82.6% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Cyprus?
- The highest recorded value was 84.2% in 2022.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Cyprus?
- The lowest recorded value was 32.1% in 1957.
- How does Cyprus rank for share of household consumption in gdp vs. gdp per capita?
- Cyprus ranks 18th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Cyprus?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.