GDP growth (annual %) (UNESCO Institute) in Cyprus
Cyprus: GDP growth (annual %) (UNESCO Institute) was 3.4% in 2024. ◆ Volatile
GDP growth in Cyprus, 1976–2024
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 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 growth (annual %) (UNESCO Institute) in Cyprus, year by year
| Year | annual % | Change |
|---|---|---|
| 1976 | 20.3% | — |
| 1977 | 16.4% | -19.3% |
| 1978 | 7.8% | -52.5% |
| 1979 | 9.9% | +27.4% |
| 1980 | 5.8% | -41.9% |
| 1981 | 2.5% | -56.3% |
| 1982 | 6.0% | +139.2% |
| 1983 | 5.6% | -7.3% |
| 1984 | 8.8% | +56.9% |
| 1985 | 4.9% | -44.2% |
| 1986 | 3.7% | -24.1% |
| 1987 | 7.1% | +90.7% |
| 1988 | 8.6% | +22.4% |
| 1989 | 7.9% | -8.1% |
| 1990 | 7.4% | -6.8% |
| 1991 | 0.7% | -90.0% |
| 1992 | 9.4% | +1171.1% |
| 1993 | 0.7% | -92.6% |
| 1994 | 5.9% | +742.9% |
| 1995 | 8.4% | +41.7% |
| 1996 | 1.2% | -85.1% |
| 1997 | 2.6% | +111.5% |
| 1998 | 6.1% | +131.4% |
| 1999 | 5.0% | -18.2% |
| 2000 | 6.0% | +19.4% |
| 2001 | 4.0% | -33.7% |
| 2002 | 3.7% | -5.8% |
| 2003 | 2.6% | -29.5% |
| 2004 | 5.0% | +91.6% |
| 2005 | 4.9% | -3.4% |
| 2006 | 4.7% | -2.9% |
| 2007 | 5.1% | +8.2% |
| 2008 | 3.6% | -28.5% |
| 2009 | -2.0% | -155.3% |
| 2010 | 2.3% | -213.3% |
| 2011 | 0.4% | -81.7% |
| 2012 | -3.4% | -927.3% |
| 2013 | -6.6% | +91.1% |
| 2014 | -1.8% | -73.0% |
| 2015 | 3.4% | -292.5% |
| 2016 | 6.6% | +92.3% |
| 2017 | 5.8% | -12.5% |
| 2018 | 6.3% | +9.1% |
| 2019 | 5.9% | -6.3% |
| 2020 | -3.2% | -154.8% |
| 2021 | 11.4% | -453.6% |
| 2022 | 7.2% | -36.7% |
| 2023 | 2.8% | -61.6% |
| 2024 | 3.4% | +24.8% |
Cyprus compared with similar countries
- Cyprus's 3.4% is above the median for high income countries, which is 2.3%, 1.5× the median. (83 countries reporting)
- Cyprus's 3.4% is above the median for Europe & Central Asia, which is 2.3%, 1.5× the median. (55 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1171.1% | 0.7% | 9.4% |
| 2012 | -927.3% | 0.4% | -3.4% |
| 1994 | +742.9% | 0.7% | 5.9% |
| 2021 | +453.6% | -3.2% | 11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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 212 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.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release