Real GDP growth, %
Since 1995 · lighter bars = IMF projection
Macro
Cyprus
Europe & Central Asia · High income · IMF WEO April 2026 · World Bank WDI
GDP▲ 9.0%
Current prices2025
41USD bn
GDP per capita▲ 7.2%
Current prices2025
41,730USD
Real GDP growth▼ 0.2 pp
Annual change2025
3.8%
Inflation▼ 1.4 pp
Average consumer prices2025
0.8%
Unemployment▼ 0.5 pp
Rate2025
4.4%
Government debt▼ 7.5 pp
General government, gross2025
55.3% of GDP
Current account▲ 0.2 pp
Balance2025
-8.1% of GDP
Population▲ 1.7%
Total2025
0.98million
Inflation, %
Average consumer prices · lighter bars = IMF projection
IMF outlook
IMF World Economic Outlook April 2026 · italics = IMF projection
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Real GDP growth % | 11.4 | 8.3 | 3.6 | 3.9 | 3.8 | 3.0 | 3.0 | 3.0 | 3.0 | 3.0 |
| Inflation, average consumer prices % | 2.3 | 8.1 | 3.9 | 2.3 | 0.8 | 2.6 | 1.6 | 2.0 | 2.0 | 2.0 |
| Unemployment rate % | 7.2 | 6.3 | 5.8 | 4.9 | 4.4 | 4.6 | 4.7 | 4.7 | 4.7 | 4.7 |
| GDP, current prices USD bn | 30 | 31 | 35 | 38 | 41 | 45 | 47 | 50 | 52 | 55 |
| GDP per capita, current prices USD | 33,235 | 33,603 | 36,968 | 38,933 | 41,730 | 45,409 | 47,091 | 49,395 | 51,896 | 54,475 |
| GDP per capita, PPP Int. USD | 49,160 | 56,077 | 59,030 | 61,754 | 64,785 | 67,796 | 70,577 | 73,687 | 77,041 | 80,605 |
| General government gross debt % of GDP | 96.5 | 80.3 | 71.1 | 62.8 | 55.3 | 50.9 | 46.6 | 42.4 | 38.7 | 35.1 |
| General government net lending/borrowing % of GDP | -1.6 | 2.7 | 1.7 | 4.1 | 3.0 | 2.6 | 2.5 | 2.4 | 2.2 | 1.8 |
| Current account balance % of GDP | -5.5 | -6.9 | -9.7 | -8.2 | -8.1 | -9.3 | -10.3 | -10.9 | -11.0 | -10.7 |
| Population million | 0.91 | 0.93 | 0.95 | 0.97 | 0.98 | 0.99 | 1.01 | 1.01 | 1.01 | 1.01 |
Government debt, % of GDP
General government gross debt
Current account, % of GDP
Balance of payments
Economic structure
Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
| Year | Structure | Agriculture | Industry | Manufacturing | Services |
|---|---|---|---|---|---|
| 1995 | 4.8 | 20.1 | 9.5 | 66.4 | |
| 2005 | 2.7 | 17.9 | 6.8 | 66.7 | |
| 2015 | 1.9 | 10.2 | 4.3 | 75.5 | |
| 2025 | 1.1 | 11.1 | 4.4 | 76.8 |
Income, trade and society
World Bank WDI · change over 10 years
| Indicator | Latest | Unit | Year | 10Y change |
|---|---|---|---|---|
| GNI per capita, Atlas method | 36,110 | USD | 2025 | +40.8% |
| GNI, Atlas method | 36 | USD bn | 2025 | +61.1% |
| Exports of goods and services | 97.6 | % of GDP | 2025 | +27.6 pp |
| Imports of goods and services | 91.9 | % of GDP | 2025 | +24.7 pp |
| Life expectancy at birth | 81.8 | years | 2024 | +0.6% |
| Urban population | 66.7 | % of total | 2025 | -0.3 pp |
Cyprus on the platform
Market data for this country
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Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)