Cyprus Cyprus GDP - Gross Domestic Product

Subscribe to our free email alert service

GDP Cyprus second quarter of 2023

Cyprus, GDP falls with respect to previous quarter

Gross Domestic Product of Cyprus fell 0.4 in the second quarter of 2023 compared to the previous quarter. This rate is 15 -tenths of one percent less than in the previous quarter, when changed 1.1%.

The year-on-year change in GDP was 2.3%, 9 -tenths of one percent less than the 3.2% recorded in the first quarter of 2023.

The GDP figure in the second quarter of 2023 was €7,188$7,826 million, Cyprus is number 49 in the ranking of quarterly GDP of the 53 countries that we publish.

Cyprus has a quarterly GDP per capita, of €7,807$7,807, €394 $394 higher than the same quarter last year, it was .

If we order the countries according to their GDP per capita, Cyprus is in 23th position of the 53 countries whose quarterly GDP we publish.

Here we show you the progression of the GDP in Cyprus. You can see GDP in other countries in GDP and see all the economic information about Cyprus in Cyprus's economy.

Quarterly GDP at market prices 2023
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2023Q2€7,188M$7,826M-0.4%2.3%
2023Q1€7,089M$7,606M1.1%3.2%
< GDP Cyprus 2022
Quaterly GDP Per Capita 2023
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2023Q27,807K1.4%5.3%$8,5007.7%2.9%
2023Q17,699K2.3%7.0%$8,2622.4%7.6%
< GDP Cyprus 2022
Evolution: Annual GDP Cyprus
DateAnnual GDPAnnual GDPGDP Growth (%)
2022€27,006M$28,467M5.6%
2021€24,019M$28,427M6.6%
2020€21,897M$24,988M-4.4%
2019€23,177M$25,948M5.5%
2018€21,674M$25,609M5.6%
2017€20,312M$22,938M5.7%
2016€19,014M$21,040M6.6%
2015€17,944M$19,911M3.4%
2014€17,483M$23,232M-1.8%
2013€18,040M$23,960M-6.6%
2012€19,495M$25,063M-3.4%
2011€19,858M$27,637M0.4%
2010€19,461M$25,821M2.3%
2009€18,676M$26,020M-2.0%
2008€19,010M$27,955M3.6%
2007€17,591M$24,082M5.1%
2006€16,264M$20,422M4.7%
2005€15,039M$18,713M4.9%
2004€13,938M$17,328M5.0%
2003€12,871M$14,552M2.6%
2002€12,083M$11,422M3.7%
2001€11,603M$10,397M4.0%
2000€10,805M$9,988M6.0%
1999€9,840M$10,502M5.0%
1998€9,153M$10,251M6.1%
1997€8,414M$9,544M2.6%
1996€7,890M$10,016M1.2%
1995€7,596M$9,937M9.9%
1994€6,721M$8,004M5.9%
1993€6,028M$7,098M0.7%
1992€5,693M$7,424M9.4%
1991€4,907M$6,195M0.7%
1990€4,689M$6,003M7.4%
1989€4,140M$4,901M8.1%
1988€3,656M$4,589M8.3%
1987€3,268M$3,979M7.1%
1986€2,935M$3,317M3.6%
1985€2,719M$2,611M4.7%
1984€2,454M$2,447M8.8%
1983€2,086M$2,321M5.3%
1982€1,880M$2,319M6.3%
1981€1,607M$2,242M3.1%
1980€1,395M$2,314M5.9%
1979€1,205M$1,289M9.9%
1978€969M$964M7.8%
1977€809M$735M16.4%
1976€639M$576M20.3%
1975€497M$490M-19.0%
1974€588M$936M-16.9%
1973€637M$1,056M2.6%
1972€574M$868M6.9%
1971€505M$714M13.0%
1970€438M$609M
Evolution: GDP per capita Cyprus
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
2022€29,590$31,46610.9%-0.8%
2021€26,680$31,7268.7%12.7%
2020€24,550$28,140-6.6%-5.0%
2019€26,280$29,6245.5%0.0%
2018€24,910$29,6325.4%10.4%
2017€23,630$26,8355.8%8.2%
2016€22,330$24,8025.5%5.5%
2015€21,170$23,5073.2%-13.2%
2014€20,510$27,077-2.0%-2.2%
2013€20,930$27,671-7.3%-4.8%
2012€22,570$29,075-3.3%-11.7%
2011€23,340$32,911-0.5%4.4%
2010€23,460$31,5221.5%-3.5%
2009€23,110$32,650-4.4%-9.3%
2008€24,170$36,0105.4%13.3%
2007€22,930$31,7745.9%15.8%
2006€21,660$27,4486.4%7.5%
2005€20,360$25,5276.3%6.5%
2004€19,150$23,9706.9%17.6%
2003€17,920$20,3895.2%26.0%
2002€17,030$16,1883.0%8.6%
2001€16,540$14,9056.2%3.0%
2000€15,570$14,4658.7%-6.0%
1999€14,330$15,3806.3%1.3%
1998€13,480$15,1827.5%6.0%
1997€12,540$14,3245.1%-6.1%
1996€11,930$15,2612.2%-0.9%
1995€11,670$15,39712.1%22.9%
1994€10,414$12,5259.3%10.4%
1993€9,524$11,3423.6%-6.7%
1992€9,194$12,15913.0%16.8%
1991€8,137$10,4141.9%0.5%
1990€7,986$10,36010.5%20.0%
1989€7,229$8,63611.3%5.3%
1988€6,497$8,20410.7%14.1%
1987€5,872$7,18810.2%18.7%
1986€5,328$6,0586.7%25.6%
1985€4,993$4,8259.5%5.4%
1984€4,558$4,57616.1%4.0%
1983€3,925$4,3999.5%-1.2%
1982€3,584$4,45316.6%2.3%
1981€3,074$4,35312.9%-4.3%
1980€2,723$4,55014.3%78.6%
1979€2,382$2,54823.2%32.5%
1978€1,933$1,92319.0%30.3%
1977€1,625$1,47626.6%27.5%
1976€1,284$1,15828.7%17.7%
1975€997$984-14.3%-46.8%
1974€1,164$1,85116.5%11.7%
1973€999$1,65610.0%20.6%
1972€909$1,37412.1%20.0%
1971€811$1,14514.3%15.9%
1970€710$988
Evolution: GDP growth rate at constant prices Cyprus
Evolution: GDP per capita Cyprus
GDP Cyprus