Cyprus GDP (2026)

Live
Last updated: GDP values are shown in current U.S. dollars

Cyprus has a modern service-based economy centered on tourism, finance, shipping, professional services, and real estate. Its strategic location in the Eastern Mediterranean has strengthened its role as an international business and logistics hub. This page provides the latest Cyprus GDP data, historical trends, and the economic outlook for 2026.

Cyprus Live GDP
$26,537,004,249
GDP Added Today
$53,185,071
GDP Growth Rate (2026)
3.00%
vs 2025
โ–ผ โˆ’0.80%
GDP Per Capita (2026)
$45,409
vs 2025
โ–ฒ +$3,679
Global Rank (Nominal)
#105
of 218 countries
Years Covered
1980โ€“2026
47 years

Cyprus GDP Growth (1980โ€“2026)

Annual real GDP growth rate (%)

Historical Highlights

1980โ€“2026 GDP performance summary

Highest GDP $45.17B
Lowest GDP $2.24B
Average Growth 4.20%
1980โ€“2026
Best Growth 11.40%
Weakest Growth -6.60%
โ—‰

Share of World GDP (2026)

Cyprus 0.04%
United States 25.58%
China 16.47%
Germany 4.31%
Japan 3.46%
Rest of World 50.15%
โ˜†

Key Findings

โœ“

Cyprus's GDP in 2026 is $45.17B.

โœ“

It ranks #105 among 218 countries.

โœ“

Cyprus contributes 0.04% to the world economy.

โœ“

GDP per capita is $45,409 in 2026.

โœ“

The economy recorded GDP growth of 3.00% in 2026.

Historical Data

Cyprus GDP Historical Data (1980โ€“2026)

2026 $45,171,000,000 3.00% $45,409 0.04% #104
2025 $41,019,000,000 3.80% $41,730 0.03% #104
2024 $37,623,000,000 3.90% $38,933 0.03% #104
2023 $35,085,000,000 3.60% $36,968 0.03% #105
2022 $31,243,000,000 8.30% $33,603 0.03% #107
2021 $30,392,000,000 11.40% $33,235 0.03% #105
2020 $25,535,000,000 -3.20% $28,296 0.03% #104
2019 $26,200,000,000 5.90% $29,431 0.03% #107
2018 $25,766,000,000 6.30% $29,326 0.03% #109
2017 $22,938,000,000 5.80% $26,370 0.03% #111
2016 $21,041,000,000 6.60% $24,359 0.03% #110
2015 $19,911,000,000 3.40% $23,130 0.03% #112
2014 $23,232,000,000 -1.80% $27,013 0.03% #106
2013 $23,960,000,000 -6.60% $27,768 0.03% #106
2012 $25,063,000,000 -3.40% $29,075 0.03% #105
2011 $27,637,000,000 0.40% $32,911 0.04% #100
2010 $25,821,000,000 2.30% $31,522 0.04% #98
2009 $26,020,000,000 -2.00% $32,650 0.04% #95
2008 $27,955,000,000 3.60% $36,009 0.04% #91
2007 $24,082,000,000 5.10% $31,774 0.04% #91
2006 $20,422,000,000 4.70% $27,448 0.04% #91
2005 $18,713,000,000 4.90% $25,527 0.04% #89
2004 $17,328,000,000 5.00% $23,970 0.04% #87
2003 $14,552,000,000 2.60% $20,389 0.04% #87
2002 $11,422,000,000 3.70% $16,188 0.03% #93
2001 $10,397,000,000 4.00% $14,905 0.03% #94
2000 $9,988,000,000 6.00% $14,465 0.03% #95
1999 $10,502,000,000 5.00% $15,380 0.03% #92
1998 $10,251,000,000 6.10% $15,182 0.03% #93
1997 $9,544,000,000 2.60% $14,324 0.03% #94
1996 $10,016,000,000 1.40% $15,261 0.03% #87
1995 $9,937,000,000 9.90% $15,397 0.03% #85
1994 $8,004,000,000 5.90% $12,525 0.03% #87
1993 $7,098,000,000 0.70% $11,342 0.03% #88
1992 $7,424,000,000 9.40% $12,159 0.03% #83
1991 $6,195,000,000 0.70% $10,414 0.03% #81
1990 $6,003,000,000 7.40% $10,360 0.03% #82
1989 $4,901,000,000 8.10% $8,636 0.02% #85
1988 $4,589,000,000 8.30% $8,204 0.02% #89
1987 $3,979,000,000 7.10% $7,188 0.02% #90
1986 $3,317,000,000 3.60% $6,058 0.02% #98
1985 $2,611,000,000 4.70% $4,825 0.02% #104
1984 $2,447,000,000 8.80% $4,576 0.02% #103
1983 $2,321,000,000 5.30% $4,399 0.02% #105
1982 $2,319,000,000 6.30% $4,453 0.02% #106
1981 $2,242,000,000 3.10% $4,353 0.02% #105
1980 $2,314,000,000 5.90% $4,550 0.02% #105

Cyprus GDP Projections (IMF)

i
Year GDP Nominal (Current USD) GDP Growth Rate (%) GDP Per Capita (USD) World Share (%) Global Rank
2027 $47,359,000,000 3.00% $47,091 0.04% #101
2028 $49,816,000,000 3.00% $49,395 0.04% #101
2029 $52,479,000,000 3.00% $51,896 0.04% #101
2030 $55,224,000,000 3.00% $54,475 0.04% #102
2031 $58,098,000,000 3.00% $57,180 0.04% #102

Cyprus Economy Overview

Cyprus operates a service-oriented economy where tourism, financial services, shipping, real estate, and professional business activities generate most national income. The country has developed into an important international business center because of its strategic Mediterranean location, modern legal system, and access to European markets.

Tourism attracts millions of visitors through beaches, cultural heritage, and coastal resorts. Shipping remains another major industry, supported by one of the world's largest merchant ship registries. Construction, retail, information technology, education, healthcare, and energy exploration in the Eastern Mediterranean further contribute to economic diversification.

Cyprus GDP Outlook

Cyprus is positioned to benefit from tourism, shipping, professional services, technology, real estate, and regional energy development. Growth in digital businesses, education, healthcare, renewable power, and international corporate services could broaden the economy. Its location in the Eastern Mediterranean may also strengthen logistics and commercial activity. Risks include dependence on foreign tourism, property-market pressures, regional geopolitical uncertainty, climate-related water shortages, and exposure to changes in European financial and economic conditions.