GDP deflator (base year varies by country), annual growth rate in Cyprus

Cyprus: GDP deflator (base year varies by country), annual growth rate was 3.54 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.54 % change on previous year
Change on year
down 7.2%
World rank
119th
of 211 countries
All-time high
14.15 % change on previous year
in 1980
All-time low
-1.34 % change on previous year
in 2014
Years of data
49
1976–2024

GDP deflator (base year varies by country), annual growth rate in Cyprus, 1976–2024

051015197620002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Cyprus stood at 3.54 % change on previous year.

The figure is down 7.2% on the previous year and up 364.4% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Cyprus peaked at 14.15 % change on previous year in 1980 and was at its lowest, -1.34 % change on previous year, in 2014.

Cyprus ranks 119th of 211 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 deflator (base year varies by country), annual growth rate in Cyprus, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Cyprus, 1976 to 2024.
Year % change on previous year Change
1976 8.03 % change on previous year
1977 8.9 % change on previous year +10.8%
1978 11.07 % change on previous year +24.5%
1979 13.14 % change on previous year +18.6%
1980 14.15 % change on previous year +7.7%
1981 12.39 % change on previous year -12.5%
1982 10.35 % change on previous year -16.4%
1983 5.04 % change on previous year -51.3%
1984 8.18 % change on previous year +62.2%
1985 5.67 % change on previous year -30.7%
1986 4.15 % change on previous year -26.8%
1987 3.86 % change on previous year -7.0%
1988 3.19 % change on previous year -17.3%
1989 4.75 % change on previous year +48.8%
1990 5.43 % change on previous year +14.3%
1991 3.89 % change on previous year -28.4%
1992 6.04 % change on previous year +55.4%
1993 4.8 % change on previous year -20.5%
1994 5.27 % change on previous year +9.7%
1995 13.6 % change on previous year +158.0%
1996 2.64 % change on previous year -80.6%
1997 2.24 % change on previous year -15.3%
1998 1.97 % change on previous year -12.1%
1999 2.3 % change on previous year +17.1%
2000 2.74 % change on previous year +19.2%
2001 3.66 % change on previous year +33.4%
2002 0.2963 % change on previous year -91.9%
2003 5.39 % change on previous year +1718.3%
2004 2.71 % change on previous year -49.7%
2005 2.02 % change on previous year -25.5%
2006 3.09 % change on previous year +52.8%
2007 4.14 % change on previous year +34.1%
2008 4.73 % change on previous year +14.4%
2009 0.2629 % change on previous year -94.4%
2010 1.88 % change on previous year +615.7%
2011 1.62 % change on previous year -14.1%
2012 1.68 % change on previous year +3.8%
2013 -0.9373 % change on previous year -155.8%
2014 -1.34 % change on previous year +42.8%
2015 -0.7543 % change on previous year -43.6%
2016 -0.5747 % change on previous year -23.8%
2017 1.02 % change on previous year -277.6%
2018 1.03 % change on previous year +0.5%
2019 1.35 % change on previous year +31.6%
2020 -1.21 % change on previous year -189.5%
2021 3.04 % change on previous year -351.9%
2022 6.71 % change on previous year +120.5%
2023 3.81 % change on previous year -43.2%
2024 3.54 % change on previous year -7.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.28 % change on previous year 8.03 % change on previous year 13.14 % change on previous year 4
1980s 7.17 % change on previous year 3.19 % change on previous year 14.15 % change on previous year 10
1990s 4.82 % change on previous year 1.97 % change on previous year 13.6 % change on previous year 10
2000s 2.9 % change on previous year 0.2629 % change on previous year 5.39 % change on previous year 10
2010s 0.4968 % change on previous year -1.34 % change on previous year 1.88 % change on previous year 10
2020s 3.18 % change on previous year -1.21 % change on previous year 6.71 % change on previous year 5

Countries ranked near Cyprus

  1. 116 Turkmenistan 3.61 % change on previous year compare
  2. 117 New Zealand 3.6 % change on previous year compare
  3. 118 Poland 3.59 % change on previous year compare
  4. 120 Lithuania 3.39 % change on previous year compare
  5. 121 Ireland 3.34 % change on previous year compare
  6. 122 Liberia 3.25 % change on previous year compare

See the full ranking of 211 places →

More population data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Cyprus?
Gdp deflator (base year varies by country), annual growth rate in Cyprus was 3.54 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator (base year varies by country), annual growth rate recorded in Cyprus?
The highest recorded value was 14.15 % change on previous year in 1980.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Cyprus?
The lowest recorded value was -1.34 % change on previous year in 2014.
How does Cyprus rank for gdp deflator (base year varies by country), annual growth rate?
Cyprus ranks 119th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate rising or falling in Cyprus?
Over the last ten years it is up 364.4%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of GDP deflator (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/cyprus/

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<a href="https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/cyprus/">GDP deflator (base year varies by country), annual growth rate in Cyprus</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.