Cyprus GDP Per Capita (2026)
Latest Update:
September 2026
Source:
IMF
Cyprus has a developed service-oriented economy supported by tourism, financial services, shipping, real estate, professional services, trade, and construction. GDP per capita provides a useful measure of how the country’s economic production compares with its relatively small population and offers additional context beyond total GDP. Explore Cyprus’s latest GDP per capita data, historical trends, growth patterns, and economic comparisons below.
GDP Per Capita 2026
$45,409
Est. in USD
World Rank
#29
Out of 195 countries
Change vs 2025
+8.8%
+$3,679
Asia Rank
#5
Out of 49 countries
1. Cyprus GDP Per Capita in 2026
Cyprus’s GDP per capita reflects economic output generated for each resident across tourism, finance, shipping, business services, and other sectors. Adjusting national GDP for population makes the indicator particularly useful for comparing Cyprus with larger economies. It provides a population-adjusted view of productivity and helps show how the country’s service-driven economic structure translates into output per person.
2. Cyprus GDP Per Capita Growth (1980–2026)
3. Cyprus GDP Per Capita (Historical Data)
| Year | GDP Per Capita (USD) | Annual Change |
|---|---|---|
| 2026 | $45,409 | +8.8% |
| 2025 | $41,730 | +7.2% |
| 2024 | $38,933 | +5.3% |
| 2023 | $36,968 | +10.0% |
| 2022 | $33,603 | +1.1% |
| 2021 | $33,235 | +17.5% |
| 2020 | $28,296 | -3.9% |
| 2019 | $29,431 | +0.4% |
| 2018 | $29,326 | +11.2% |
| 2017 | $26,370 | +8.3% |
| 2016 | $24,359 | +5.3% |
| 2015 | $23,130 | -14.4% |
| 2014 | $27,013 | -2.7% |
| 2013 | $27,768 | -4.5% |
| 2012 | $29,075 | -11.7% |
| 2011 | $32,911 | +4.4% |
| 2010 | $31,522 | -3.5% |
| 2009 | $32,650 | -9.3% |
| 2008 | $36,009 | +13.3% |
| 2007 | $31,774 | +15.8% |
| 2006 | $27,448 | +7.5% |
| 2005 | $25,527 | +6.5% |
| 2004 | $23,970 | +17.6% |
| 2003 | $20,389 | +26.0% |
| 2002 | $16,188 | +8.6% |
| 2001 | $14,905 | +3.0% |
| 2000 | $14,465 | -5.9% |
| 1999 | $15,380 | +1.3% |
| 1998 | $15,182 | +6.0% |
| 1997 | $14,324 | -6.1% |
| 1996 | $15,261 | -0.9% |
| 1995 | $15,397 | +22.9% |
| 1994 | $12,525 | +10.4% |
| 1993 | $11,342 | -6.7% |
| 1992 | $12,159 | +16.8% |
| 1991 | $10,414 | +0.5% |
| 1990 | $10,360 | +20.0% |
| 1989 | $8,636 | +5.3% |
| 1988 | $8,204 | +14.1% |
| 1987 | $7,188 | +18.7% |
| 1986 | $6,058 | +25.6% |
| 1985 | $4,825 | +5.4% |
| 1984 | $4,576 | +4.0% |
| 1983 | $4,399 | -1.2% |
| 1982 | $4,453 | +2.3% |
| 1981 | $4,353 | -4.3% |
| 1980 | $4,550 | — |
4. Cyprus GDP Per Capita Growth
1-Year Change
+8.8%
(2025 to 2026)
5-Year Change
+36.6%
(2021 to 2026)
10-Year Change
+86.4%
(2016 to 2026)
20-Year Change
+65.4%
(2006 to 2026)
Cyprus’s GDP per capita has evolved alongside tourism, property investment, financial services, employment, inflation, and broader European economic conditions. Visitor flows and external demand can have a noticeable effect on annual performance. Historical data helps show how output per resident has changed through periods of financial adjustment, recovery, and renewed expansion.
5. Cyprus GDP Per Capita vs Asia and World
Cyprus
$45,409
Asia Average
$19,139
World Average
$25,179
$0
$22,705
$45,409
USD
Cyprus’s GDP per capita is approximately
137.3%
above the
Asia average
and
80.3%
above the world average.
6. Cyprus GDP Per Capita Ranking in Asia
| Rank | Country | GDP Per Capita (USD) |
|---|---|---|
| #2 | Israel | $69,804 |
| #3 | Qatar | $68,138 |
| #4 | United Arab Emirates | $54,214 |
| #5 | Cyprus | $45,409 |
| #6 | Taiwan | $42,103 |
| #7 | Saudi Arabia | $37,811 |
| #8 | South Korea | $37,412 |
7. GDP vs GDP Per Capita in Cyprus
Cyprus GDP (Nominal)
$45.2 Billion
(2026)
Cyprus GDP Per Capita
$45,409
(2026)
Cyprus’s total GDP measures the overall scale of economic activity generated across the country, while GDP per capita relates that production to population. Total GDP shows the size of the national economy, whereas GDP per capita provides a standardized measure of economic output per resident. Considering both indicators together gives a more complete picture of economic performance.
Explore more:
Cyprus GDP
→
8. Cyprus GDP Per Capita Forecast
| Year | GDP Per Capita (USD) | Change |
|---|---|---|
| 2027 | $47,091 | +3.7% |
| 2028 | $49,395 | +4.9% |
| 2029 | $51,896 | +5.1% |
| 2030 | $54,475 | +5.0% |
Cyprus GDP per capita is projected to reach $54,475 by 2030, representing a 20.0% increase from the 2026 level.
9. Cyprus GDP Per Capita: Key Findings
✓
Cyprus GDP per capita is estimated at $45,409 in 2026.
✓
It ranks #29 globally and #5 in Asia.
✓
GDP per capita increased by 8.8% compared with 2025.
✓
Over the last 5 years, GDP per capita grew by 36.6%.
✓
Over the last 10 years, GDP per capita grew by 86.4%.
✓
It is approximately 137.3% above the Asia average.
✓
It is approximately 80.3% above the world average.
✓
The forecast reaches $54,475 by 2030, 20.0% above the 2026 level.
10. What Is GDP Per Capita?
GDP per capita is the total economic output of a country divided by its population.
GDP Per Capita
=
GDP
÷
Population
It helps measure the average economic output per person and is widely used to compare economic performance across countries. Higher values generally indicate greater economic output per resident.
11. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Sources:
World Bank,
United Nations
Population Source:
UN Population Division
Currency:
Current USD (Nominal)
Update Frequency:
Annually
Last Updated:
September 2026
12. Cyprus GDP Per Capita FAQs
Cyprus GDP per capita is estimated at $45,409 in 2026.
Cyprus ranks #29 globally and #5 in Asia by GDP per capita.
Yes. GDP per capita increased by approximately 8.8% compared with 2025.
Cyprus GDP per capita was approximately $23,130 in 2015.
Cyprus GDP per capita is approximately 137.3% above the Asia average.
13. Related Country GDP Data
14. Explore GDP Per Capita
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Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.