GDP (current LCU) (UNESCO Institute) in Cyprus
Cyprus: GDP (current LCU) (UNESCO Institute) was 33.57 billion current LCU in 2024. ◆ Volatile
Latest (2024)
33.57 billion current LCU
Change on year
up 7.1%
World rank
165th
of 211 countries
All-time high
33.57 billion current LCU
in 2024
All-time low
439.11 million current LCU
in 1975
Years of data
50
1975–2024
GDP in Cyprus, 1975–2024
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
In 2024, gdp in Cyprus stood at 33.57 billion current LCU. That is the highest value across all 50 years on record.
The figure is up 7.1% on the previous year and up 92.0% over ten years.
Over the whole period, gdp in Cyprus peaked at 33.57 billion current LCU in 2024 and was at its lowest, 439.11 million current LCU, in 1975.
Cyprus ranks 165th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNESCO Institute) in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 439.11 million current LCU | — |
| 1976 | 570.50 million current LCU | +29.9% |
| 1977 | 722.91 million current LCU | +26.7% |
| 1978 | 865.41 million current LCU | +19.7% |
| 1979 | 1.08 billion current LCU | +24.3% |
| 1980 | 1.30 billion current LCU | +20.7% |
| 1981 | 1.50 billion current LCU | +15.2% |
| 1982 | 1.75 billion current LCU | +17.0% |
| 1983 | 1.94 billion current LCU | +10.9% |
| 1984 | 2.29 billion current LCU | +17.7% |
| 1985 | 2.53 billion current LCU | +10.8% |
| 1986 | 2.74 billion current LCU | +8.0% |
| 1987 | 3.04 billion current LCU | +11.2% |
| 1988 | 3.41 billion current LCU | +12.1% |
| 1989 | 3.86 billion current LCU | +13.1% |
| 1990 | 4.37 billion current LCU | +13.2% |
| 1991 | 4.57 billion current LCU | +4.7% |
| 1992 | 5.30 billion current LCU | +16.0% |
| 1993 | 5.60 billion current LCU | +5.5% |
| 1994 | 6.24 billion current LCU | +11.5% |
| 1995 | 7.68 billion current LCU | +23.1% |
| 1996 | 7.98 billion current LCU | +3.9% |
| 1997 | 8.37 billion current LCU | +4.9% |
| 1998 | 9.06 billion current LCU | +8.2% |
| 1999 | 9.73 billion current LCU | +7.4% |
| 2000 | 10.60 billion current LCU | +8.9% |
| 2001 | 11.42 billion current LCU | +7.8% |
| 2002 | 11.88 billion current LCU | +4.0% |
| 2003 | 12.85 billion current LCU | +8.2% |
| 2004 | 13.86 billion current LCU | +7.9% |
| 2005 | 14.82 billion current LCU | +7.0% |
| 2006 | 16.00 billion current LCU | +7.9% |
| 2007 | 17.51 billion current LCU | +9.4% |
| 2008 | 19.01 billion current LCU | +8.6% |
| 2009 | 18.68 billion current LCU | -1.8% |
| 2010 | 19.46 billion current LCU | +4.2% |
| 2011 | 19.86 billion current LCU | +2.0% |
| 2012 | 19.50 billion current LCU | -1.8% |
| 2013 | 18.04 billion current LCU | -7.5% |
| 2014 | 17.48 billion current LCU | -3.1% |
| 2015 | 17.94 billion current LCU | +2.6% |
| 2016 | 19.01 billion current LCU | +6.0% |
| 2017 | 20.31 billion current LCU | +6.8% |
| 2018 | 21.81 billion current LCU | +7.4% |
| 2019 | 23.40 billion current LCU | +7.3% |
| 2020 | 22.37 billion current LCU | -4.4% |
| 2021 | 25.68 billion current LCU | +14.8% |
| 2022 | 29.38 billion current LCU | +14.4% |
| 2023 | 31.34 billion current LCU | +6.7% |
| 2024 | 33.57 billion current LCU | +7.1% |
Cyprus compared with similar countries
- Cyprus's 33.57 billion current LCU is below the median for high income countries, which is 220.22 billion current LCU, 15% of the median. (82 countries reporting)
- Cyprus's 33.57 billion current LCU is below the median for Europe & Central Asia, which is 481.94 billion current LCU, 7% of the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 734.80 million current LCU | 439.11 million current LCU | 1.08 billion current LCU | 5 |
| 1980s | 2.43 billion current LCU | 1.30 billion current LCU | 3.86 billion current LCU | 10 |
| 1990s | 6.89 billion current LCU | 4.37 billion current LCU | 9.73 billion current LCU | 10 |
| 2000s | 14.66 billion current LCU | 10.60 billion current LCU | 19.01 billion current LCU | 10 |
| 2010s | 19.68 billion current LCU | 17.48 billion current LCU | 23.40 billion current LCU | 10 |
| 2020s | 28.47 billion current LCU | 22.37 billion current LCU | 33.57 billion current LCU | 5 |
Countries ranked near Cyprus
- 162 Estonia 39.51 billion current LCU compare
- 163 Jordan 37.88 billion current LCU compare
- 164 El Salvador 35.37 billion current LCU compare
- 166 Eritrea 31.75 billion current LCU compare
- 167 Seychelles 31.49 billion current LCU compare
- 168 Faroe Islands 26.92 billion current LCU compare
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 33.57 billion current LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Cyprus?
- The highest recorded value was 33.57 billion current LCU in 2024.
- What is the lowest gdp recorded in Cyprus?
- The lowest recorded value was 439.11 million current LCU in 1975.
- How does Cyprus rank for gdp?
- Cyprus ranks 165th out of 211 countries with data for 2024.
- Is gdp rising or falling in Cyprus?
- Over the last ten years it is up 92.0%. 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 (current 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