Cyprus GDP: $35 Billion

GROSS DOMESTIC PRODUCT (CURRENT MARKET PRICES)

Cyprus GDP Forecast: $35 Billion in 2024, $36.1 Billion projected for 2025 (Current Market Prices).

GDP in Cyprus is estimated to be $35 Billion US dollars at the end of 2024 in GDP current price terms.

Looking ahead to 2025, projections suggest Cyprus's 2025 GDP estimate could be $36.1 Billion. This Cyprus GDP growth forecast for 2024 and 2025 reflects an estimated growth rate of 3.1%.

The economy of Cyprus has grown at an average annual growth rate of 10.0% in the last four years and is ranked the 35th largest economy in Europe, ahead of North Macedonia.

See the full Cyprus data sheet covering Economics, Demographics and ESG

Current GDP (US$): Cyprus


Source: World Bank, World Economics
Notes: Current Market Prices
0 0 0 Cyprus|#FE1800|489912542.329518, 576090016.356179, 734876217.973362, 964024705.282423, 1288699035.40477, 2154311276.94859, 2087496373.77964, 2159242416.76942, 2160364071.19021, 2278248953.14058, 2430411900.19194, 3090734463.27684, 3704813885.50548, 4278792597.23965, 4563482603.5503, 5591130217.66965, 5770197348.48485, 6912150456.32334, 6590291048.29211, 7425703928.57143, 9933137128.07244, 10011914680.0502, 9547816419.61231, 10248618778.2805, 10497907227.616, 9985847313.85486, 10397898907.1038, 11420228846.1538, 14547329558.3239, 17320551250, 18433412510.8817, 20072754986.8272, 23968727073.6381, 27844646257.507, 26048179949.1742, 25799940077.6075, 27641547909.7011, 25047436974.682, 23959712860.8331, 23225918259.9824, 19909278416.8575, 21046462280.5979, 22946570628.7576, 25754001367.5448, 26196667099.5303, 25555093854.2968, 30372874319.6285, 30976176886.8521, 33886930712.3394, 35002149602.0825 1975, 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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Economic Indicators: Cyprus 2021 2022 2023 2024
Current GDP (Billions, US$) 30 31 34 35
Current GDP per Capita (US$) 33,734 33,939 36,551 37,389
Real GDP (US$ Billions, 2010) 27 29 30 31
Real GDP per Capita (US$, 2010) 30,228 32,015 32,341 33,082
Real GDP PPP (Billions, 2017) 44 46 47 49
Real GDP per Capita PPP (int$ 2017) 30,887 31,764 32,351 34,907
GDP Annual Growth Rate (%) 11.4 7.4 2.6 3.3
GDP per Capita Annual Growth Rate (%) 10.4 5.9 1.0 2.3
Data Quality Rating for Cyprus See how much you can trust Cyprus's GDP Data





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