Cyprus Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Cyprus experienced a significant an increase in its GDP growth rate, which rise to 3.941% from 3.619% in 2023. Additionally, the GDP per capita growth rate in Cyprus increase to 2.297% in 2024, compared to 1.639% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | 20.266 | - | 21.245 | - |
| 1977 | 16.362% | -3.90% | 16.348% | -4.90% |
| 1978 | 7.777% | -8.59% | 7.378% | -8.97% |
| 1979 | 9.906% | 2.13% | 9.054% | 1.68% |
| 1980 | 5.753% | -4.15% | 4.611% | -4.44% |
| 1981 | 2.517% | -3.24% | 0.829% | -3.78% |
| 1982 | 6.022% | 3.51% | 4.775% | 3.95% |
| 1983 | 5.582% | -0.44% | 4.715% | -0.06% |
| 1984 | 8.758% | 3.18% | 7.358% | 2.64% |
| 1985 | 4.883% | -3.88% | 3.615% | -3.74% |
| 1986 | 3.704% | -1.18% | 2.521% | -1.09% |
| 1987 | 7.065% | 3.36% | 5.907% | 3.39% |
| 1988 | 8.647% | 1.58% | 7.501% | 1.59% |
| 1989 | 7.947% | -0.70% | 6.42% | -1.08% |
| 1990 | 7.404% | -0.54% | 5.14% | -1.28% |
| 1991 | 0.74% | -6.66% | -1.835% | -6.98% |
| 1992 | 9.4% | 8.66% | 6.528% | 8.36% |
| 1993 | 0.7% | -8.70% | -1.703% | -8.23% |
| 1994 | 5.9% | 5.20% | 3.732% | 5.44% |
| 1995 | 8.362% | 2.46% | 6.416% | 2.68% |
| 1996 | 1.249% | -7.11% | -0.352% | -6.77% |
| 1997 | 2.641% | 1.39% | 1.196% | 1.55% |
| 1998 | 6.111% | 3.47% | 4.818% | 3.62% |
| 1999 | 4.998% | -1.11% | 3.83% | -0.99% |
| 2000 | 5.965% | 0.97% | 4.844% | 1.01% |
| 2001 | 3.953% | -2.01% | 2.838% | -2.01% |
| 2002 | 3.723% | -0.23% | 2.541% | -0.30% |
| 2003 | 2.623% | -1.10% | 1.384% | -1.16% |
| 2004 | 5.026% | 2.40% | 3.631% | 2.25% |
| 2005 | 4.853% | -0.17% | 3.354% | -0.28% |
| 2006 | 4.714% | -0.14% | 2.981% | -0.37% |
| 2007 | 5.098% | 0.38% | 2.884% | -0.10% |
| 2008 | 3.647% | -1.45% | 1.077% | -1.81% |
| 2009 | -2.015% | -5.66% | -4.61% | -5.69% |
| 2010 | 2.283% | 4.30% | -0.358% | 4.25% |
| 2011 | 0.417% | -1.87% | -2.113% | -1.76% |
| 2012 | -3.447% | -3.86% | -4.907% | -2.79% |
| 2013 | -6.587% | -3.14% | -6.48% | -1.57% |
| 2014 | -1.776% | 4.81% | -1.489% | 4.99% |
| 2015 | 3.419% | 5.20% | 3.195% | 4.68% |
| 2016 | 6.574% | 3.16% | 6.018% | 2.82% |
| 2017 | 5.751% | -0.82% | 4.853% | -1.17% |
| 2018 | 6.272% | 0.52% | 5.051% | 0.20% |
| 2019 | 5.876% | -0.40% | 4.468% | -0.58% |
| 2020 | -3.221% | -9.10% | -4.514% | -8.98% |
| 2021 | 11.398% | 14.62% | 9.747% | 14.26% |
| 2022 | 8.274% | -3.12% | 6.279% | -3.47% |
| 2023 | 3.619% | -4.66% | 1.639% | -4.64% |
| 2024 | 3.941% | 0.32% | 2.297% | 0.66% |