GDP growth in Cyprus

Cyprus: GDP growth was 3.4% in 2024. β—† Volatile

Latest (2024)
3.4%
Change on year
up 24.8%
World rank
96th
of 209 countries
All-time high
20.3%
in 1976
All-time low
-6.6%
in 2013
Years of data
49
1976–2024

GDP growth in Cyprus, 1976–2024

-1001020197620002024

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

Cyprus recorded 3.4% for gdp growth in 2024.

Compared with earlier readings it is up 24.8% on the previous year and up 294.1% over ten years.

Over the whole period, gdp growth in Cyprus peaked at 20.3% in 1976 and was at its lowest, -6.6%, in 2013.

Cyprus ranks 96th of 209 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.

Averages by decade

DecadeAverage LowestHighest Years
1970s 13.6% 7.8% 20.3% 4
1980s 6.1% 2.5% 8.8% 10
1990s 4.8% 0.7% 9.4% 10
2000s 3.8% -2.0% 6.0% 10
2010s 1.9% -6.6% 6.6% 10
2020s 4.3% -3.2% 11.4% 5

Countries ranked near Cyprus

  1. 94 Burundi 3.5% compare
  2. 95 Seychelles 3.5% compare
  3. 97 Nigeria 3.4% compare
  4. 98 Brazil 3.4% compare
  5. 99 Comoros 3.4% compare

See the full ranking of 212 places β†’

More population data for Cyprus

All data for Cyprus β†’

Frequently asked questions

What is gdp growth in Cyprus?
Gdp growth in Cyprus was 3.4% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Cyprus?
The highest recorded value was 20.3% in 1976.
What is the lowest gdp growth recorded in Cyprus?
The lowest recorded value was -6.6% in 2013.
How does Cyprus rank for gdp growth?
Cyprus ranks 96th out of 209 countries with data for 2024.
Is gdp growth rising or falling in Cyprus?
Over the last ten years it is up 294.1%. 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 growth (annual %). Statizoid updates them automatically from the source API.

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GDP growth in Cyprus. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/cyprus/

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About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release