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Cyprus GDP Annual Growth Rate: 3.3%

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH, 2024)

Cyprus GDP Forecast: 3.3% in 2024, 3.1% projected for 2025.

Based on a 5-year average, Cyprus is estimated to grow by an average compound annual growth rate of 6.0% through to 2030.

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GDP Annual Growth Rate (%):


Source: World Bank, World Economics
0 0 0 Cyprus|#FE1800|20.2662921730547, 16.3620009518904, 7.77740335290356, 9.90556937510574, 5.7532446998904, 2.51699845757436, 6.02170898668292, 5.5821816938976, 8.75789438628421, 4.88254076277863, 3.70395029052604, 7.06525081643714, 8.6467778500465, 7.94742552608696, 7.40399951139521, 0.739501197535745, 9.39999901631702, 0.700000488145378, 5.89999870094493, 8.36246930466569, 1.24858157644654, 2.64089463952175, 6.11084674642566, 4.99796042248005, 5.96531031488554, 3.95256054086292, 3.72295649883057, 2.6232861229859, 5.02634392575988, 4.85300383835666, 4.71382866563106, 5.09806845261184, 3.6468119905756, -2.01526235906867, 2.28354499702917, 0.416712762832276, -3.44738142393619, -6.58747695700073, -1.77606181111089, 3.41892299033393, 6.57359100513114, 5.75083246014417, 6.27166730438427, 5.87559123003267, -3.22063433575048, 11.3877633552, 7.36562252428676, 2.61190090914745, 3.291 1976, 1977, 1978, 1979, 1980, 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,



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Key Indicators for Cyprus

Comprehensive economic data including GDP, growth rates, debt levels, and population figures

Indicator Value Year See more
GDP Data Quality Rating    B 2025 View
Population Data Quality Rating    B 2025 View
Governance Rating    B 2025 View
       
GDP (PPP)
Base Year Adjusted + Informal Economy		 $63bn 2025 View
GDP (Current / Nominal Prices) $36bn 2025 View
GDP (Constant Prices / Real) $32bn 2025 View
GDP Growth Rate 3.1% 2025 View
GDP Debt to GDP Ratio 45.2% 2025 View
       
GDP per Capita (PPP)
Base Year Adjusted + Informal Economy		 $47,624 2025 View
GDP per Capita (Current / Nominal) $38,203 2025 View
GDP per Capita (Constant / Real) $33,802 2025 View
GDP per Capita Growth Rate 2.2% 2025 View
       
Population Size 1.36 million 2025 View
Fertility Rate 1.1% 2025 View
Workforce Size 0.47 million 2025 View
       
Carbon Emissions (per Capita) 5.33 tCO2e 2023 View
Methane Emissions (per Capita) 1.83 tCO2e 2023 View
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CYPRUS'S ECONOMICS
CYPRUS'S DEMOGRAPHY
CYPRUS'S ENVIRONMENT, SOCIAL & GOVERNANCE
PUBLIC SOURCE & RELATED DATA

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