The Gross Domestic Product (GDP) in Cyprus was worth 23.80 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Cyprus represents 0.02 percent of the world economy. source: World Bank

GDP in Cyprus averaged 12.14 USD Billion from 1975 until 2020, reaching an all time high of 27.84 USD Billion in 2008 and a record low of 0.49 USD Billion in 1975. This page provides the latest reported value for - Cyprus GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus GDP - values, historical data and charts - was last updated on September of 2021.

GDP in Cyprus is expected to reach 23.50 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus GDP is projected to trend around 24.80 USD Billion in 2022, according to our econometric models.

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Cyprus GDP

Actual Previous Highest Lowest Dates Unit Frequency
23.80 24.95 27.84 0.49 1975 - 2020 USD Billion Yearly
Current USD

Cyprus GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.20 1.70 9.40 -13.10 percent [+]
GDP Annual Growth Rate 12.90 -2.10 12.90 -12.60 percent [+]
GDP 23.80 24.95 27.84 0.49 USD Billion [+]
GDP Constant Prices 5323.50 5331.10 5484.20 2825.30 EUR Million [+]
Gross National Product 21000.31 22286.88 22286.88 7678.31 EUR Million [+]
Gross Fixed Capital Formation 1058.90 1238.20 1773.30 -6064.00 EUR Million [+]
GDP per capita 30438.47 32517.24 32725.63 7360.00 USD [+]
GDP per capita PPP 37655.18 40226.81 40484.61 24822.35 USD [+]
GDP From Agriculture 88.00 86.00 153.80 79.20 EUR Million [+]
GDP From Construction 355.80 354.10 494.70 181.20 EUR Million [+]
GDP From Manufacturing 296.66 279.46 296.66 167.48 EUR Million [+]
GDP From Mining 353.00 331.40 374.00 248.60 EUR Million [+]
GDP From Public Administration 996.02 985.77 996.02 578.22 EUR Million [+]
GDP From Services 1081.90 1132.60 1203.70 573.80 EUR Million [+]


Cyprus GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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