GDP (constant LCU) (UNESCO Institute) in Cyprus
Cyprus: GDP (constant LCU) (UNESCO Institute) was 28.75 billion constant LCU in 2024. ◆ Volatile
Latest (2024)
28.75 billion constant LCU
Change on year
up 3.4%
World rank
159th
of 212 countries
All-time high
28.75 billion constant LCU
in 2024
All-time low
2.87 billion constant LCU
in 1975
Years of data
50
1975–2024
GDP in Cyprus, 1975–2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
The most recent figure for gdp in Cyprus is 28.75 billion constant LCU, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 3.4% on the previous year and up 61.1% over ten years.
Over the whole period, gdp in Cyprus peaked at 28.75 billion constant LCU in 2024 and was at its lowest, 2.87 billion constant LCU, in 1975.
Cyprus ranks 159th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant LCU) (UNESCO Institute) in Cyprus, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 2.87 billion constant LCU | — |
| 1976 | 3.45 billion constant LCU | +20.3% |
| 1977 | 4.02 billion constant LCU | +16.4% |
| 1978 | 4.33 billion constant LCU | +7.8% |
| 1979 | 4.76 billion constant LCU | +9.9% |
| 1980 | 5.03 billion constant LCU | +5.8% |
| 1981 | 5.16 billion constant LCU | +2.5% |
| 1982 | 5.47 billion constant LCU | +6.0% |
| 1983 | 5.78 billion constant LCU | +5.6% |
| 1984 | 6.28 billion constant LCU | +8.8% |
| 1985 | 6.59 billion constant LCU | +4.9% |
| 1986 | 6.83 billion constant LCU | +3.7% |
| 1987 | 7.32 billion constant LCU | +7.1% |
| 1988 | 7.95 billion constant LCU | +8.6% |
| 1989 | 8.58 billion constant LCU | +7.9% |
| 1990 | 9.22 billion constant LCU | +7.4% |
| 1991 | 9.28 billion constant LCU | +0.7% |
| 1992 | 10.16 billion constant LCU | +9.4% |
| 1993 | 10.23 billion constant LCU | +0.7% |
| 1994 | 10.83 billion constant LCU | +5.9% |
| 1995 | 11.74 billion constant LCU | +8.4% |
| 1996 | 11.88 billion constant LCU | +1.2% |
| 1997 | 12.20 billion constant LCU | +2.6% |
| 1998 | 12.94 billion constant LCU | +6.1% |
| 1999 | 13.59 billion constant LCU | +5.0% |
| 2000 | 14.40 billion constant LCU | +6.0% |
| 2001 | 14.97 billion constant LCU | +4.0% |
| 2002 | 15.53 billion constant LCU | +3.7% |
| 2003 | 15.93 billion constant LCU | +2.6% |
| 2004 | 16.73 billion constant LCU | +5.0% |
| 2005 | 17.55 billion constant LCU | +4.9% |
| 2006 | 18.37 billion constant LCU | +4.7% |
| 2007 | 19.31 billion constant LCU | +5.1% |
| 2008 | 20.01 billion constant LCU | +3.6% |
| 2009 | 19.61 billion constant LCU | -2.0% |
| 2010 | 20.06 billion constant LCU | +2.3% |
| 2011 | 20.14 billion constant LCU | +0.4% |
| 2012 | 19.45 billion constant LCU | -3.4% |
| 2013 | 18.17 billion constant LCU | -6.6% |
| 2014 | 17.84 billion constant LCU | -1.8% |
| 2015 | 18.45 billion constant LCU | +3.4% |
| 2016 | 19.67 billion constant LCU | +6.6% |
| 2017 | 20.80 billion constant LCU | +5.8% |
| 2018 | 22.10 billion constant LCU | +6.3% |
| 2019 | 23.40 billion constant LCU | +5.9% |
| 2020 | 22.65 billion constant LCU | -3.2% |
| 2021 | 25.23 billion constant LCU | +11.4% |
| 2022 | 27.04 billion constant LCU | +7.2% |
| 2023 | 27.79 billion constant LCU | +2.8% |
| 2024 | 28.75 billion constant LCU | +3.4% |
Cyprus compared with similar countries
- Cyprus's 28.75 billion constant LCU is below the median for high income countries, which is 153.41 billion constant LCU, 19% of the median. (83 countries reporting)
- Cyprus's 28.75 billion constant LCU is below the median for Europe & Central Asia, which is 410.71 billion constant LCU, 7% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.89 billion constant LCU | 2.87 billion constant LCU | 4.76 billion constant LCU | 5 |
| 1980s | 6.50 billion constant LCU | 5.03 billion constant LCU | 8.58 billion constant LCU | 10 |
| 1990s | 11.21 billion constant LCU | 9.22 billion constant LCU | 13.59 billion constant LCU | 10 |
| 2000s | 17.24 billion constant LCU | 14.40 billion constant LCU | 20.01 billion constant LCU | 10 |
| 2010s | 20.01 billion constant LCU | 17.84 billion constant LCU | 23.40 billion constant LCU | 10 |
| 2020s | 26.29 billion constant LCU | 22.65 billion constant LCU | 28.75 billion constant LCU | 5 |
Countries ranked near Cyprus
More population data for Cyprus
- Population regions with projections, annual growth rate -0.3407 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.5221 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.3407 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.0299 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 1,392 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4899 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.8322 % change on previous year (2100)
- Population growth rate -0.343 (2100)
- Population density 138.03 (2100)
- Projected population under age 5 51,005 (2100)
Frequently asked questions
- What is gdp in Cyprus?
- Gdp in Cyprus was 28.75 billion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Cyprus?
- The highest recorded value was 28.75 billion constant LCU in 2024.
- What is the lowest gdp recorded in Cyprus?
- The lowest recorded value was 2.87 billion constant LCU in 1975.
- How does Cyprus rank for gdp?
- Cyprus ranks 159th out of 212 countries with data for 2024.
- Is gdp rising or falling in Cyprus?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release