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Cyprus GDP YoYCyprus GDP YoYCyprus GDP YoY

Cyprus GDP YoY

3%R
+0.1
As of May 15, 2025
%
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CYGDPYY chart



Key data points


Last release
May 15, 2025
Observation period
Q1 2025
Next release
Aug 14, 2025
Forecast
—
Highest
16.90 % on Jun 30, 2021
Lowest
−10.30 % on Jun 30, 2020

About Cyprus GDP YoY


Category
GDP
Source
Statistical Service
Frequency
Quarterly
Units
%
Services including tourism, financial services, and real estate are considered as the backbone of the Cyprus economy, accounting for nearly 80 percent of GDP. Industry accounts for only 10 percent and agriculture for 2 percent. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by government expenditure (16 percent) and gross fixed capital formation (11 percent). Exports of goods and services account for 55 percent of GDP while imports account for 53 percent, adding 2 percent of total GDP.

Cyprus in figures — see more economic indicators tied to CYGDPYY.
Full Year GDP Growth
R
CYFYGDPG
3.43%
GDP
R
CYGDP
36.33 BUSD
GDP From Agriculture
R
CYGDPA
80.21 MEUR
GDP From Construction
R
CYGDPC
324.94 MEUR
Real GDP
R
CYGDPCP
7.34 BEUR
GDP From Manufacturing
R
CYGDPMAN
296.05 MEUR
GDP From Mining
R
CYGDPMIN
408.13 MEUR
GDP From Public Administration
R
CYGDPPA
1.15 BEUR
GDP Per Capita
R
CYGDPPC
33 KUSD
GDP Per Capita PPP
R
CYGDPPCP
53.25 KUSD
GDP Growth Rate
R
CYGDPQQ
1.3%
GDP From Services
R
CYGDPS
1.53 BEUR
GDP Growth
R
CYGDPYY
3%
Gross Fixed Capital Formation
R
CYGFCF
1.47 BEUR
Gross National Product
R
CYGNP
29.96 BEUR

Cyprus GDP YoY reports history



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