ARCHIVE // CY // TIME-SERIES
Real GDP growth rate
Cyprus — 30 years of data
Historical Values
| Year | Value |
|---|---|
| 1993 | Greek area: 6.5% (1992) Turkish area: 5.9% (1990) |
| 1997 | 3.4% (Greek area: 4%; Turkish area: 0.5%) (1996 est.) |
| 1998 | 2.4% (Greek Cypriot area: 2.5%; Turkish Cypriot area: 1.7%) (1997 est.) |
| 1999 | 2.3% (1997 est.) |
| 2000 | Greek Cypriot area: 3.0%; Turkish Cypriot area: 5.3% (1998 est.) |
| 2001 | Greek Cypriot area: 4.2% (2000 est.); |
| 2002 | Greek Cypriot area: 2.6% (2001 est.); Turkish Cypriot area: 0.8% (2000 est.) |
| 2003 | Greek Cypriot area: 1.7% (2001 est.); Turkish Cypriot area: 2.6% (2002 est.) |
| 2004 | Republic of Cyprus: 1.9% (2003 est.); north Cyprus: 2.6% (2003 est.) |
| 2005 | Republic of Cyprus: 3.2% north Cyprus: 2.6% (2004 est.) |
| 2006 | Republic of Cyprus: 3.8%; north Cyprus: 10.6% (2005 est.) |
| 2007 | area under government control: 3.8% area administered by Turkish Cypriots: 10.6% (2006 est.) |
| 2008 | 4.4% (2007 est.) |
| 2009 | 3.7% (2008 est.) country comparison to the world: 106 4.4% (2007 est.) 4.1% (2006 est.) |
| 2010 | 0.6% (2010 est.) country comparison to the world: 185 -1.8% (2009 est.) 3.6% (2008 est.) |
| 2011 | 1% (2010 est.) country comparison to the world: 174 -1.7% (2009 est.) 3.6% (2008 est.) |
| 2012 | -2.3% (2012 est.) country comparison to the world: 206 0.5% (2011 est.) 1.1% (2010 est.) |
| 2013 | -2.4% (2012 est.) country comparison to the world: 210 0.5% (2011 est.) 1.3% (2010 est.) |
| 2014 | -8.7% (2013 est.) country comparison to the world: 220 -2.4% (2012 est.) 0.5% (2011 est.) |
| 2015 | -2.3% (2014 est.) | -5.4% (2013 est.) | -2.4% (2012 est.) | GDP - real growth rate: 2.3% (2014 est.) |
| 2016 | 1.6% (2015 est.) | -2.5% (2014 est.) | -5.9% (2013 est.) | GDP - real growth rate: 2.3% (2014 est.) | country comparison to the world: 148 |
| 2017 | 2.8% (2016 est.) | 1.7% (2015 est.) | -1.5% (2014 est.) | GDP - real growth rate: 2.3% (2014 est.) | country comparison to the world: 105 |
| 2018 | 3.9% (2017 est.) | 3.4% (2016 est.) | 2% (2015 est.) |
| 2019 | 3.9% (2017 est.) | 3.4% (2016 est.) | 2% (2015 est.) |
| 2020 | 3.08% (2019 est.) | 5.25% (2018 est.) | 5.16% (2017 est.) |
| 2021 | 3.08% (2019 est.) 5.25% (2018 est.) 5.16% (2017 est.) |
| 2022 | 3.08% (2019 est.) 5.25% (2018 est.) 5.16% (2017 est.) |
| 2023 | 6.64% (2021 est.) -4.37% (2020 est.) 5.53% (2019 est.) note: area administered by Turkish Cypriots - -16.2% (2020 est.) |
| 2024 | 2.47% (2023 est.) 5.06% (2022 est.) 9.91% (2021 est.) note: annual GDP % growth based on constant local currency |
| 2025 | 3.4% (2024 est.) 2.8% (2023 est.) 7.2% (2022 est.) note: annual GDP % growth based on constant local currency |