Gross Domestic Product of Cyprus grew 3.6% in 2008 compared to last year. This rate is 15 -tenths of one percent less than the figure of 5.1% published in 2007.
The GDP figure in 2008 was €19,010$27,958 million, Cyprus is number 92 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Cyprus rose €1,419$3,906 million with respect to 2007.
The GDP per capita of Cyprus in 2008 was €24,170$36,010, €1,240$4,235 higher than in 2007, it was €22,930$31,775. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 1998 when the GDP per capita in Cyprus was €13,480$15,182.
If we order the countries according to their GDP per capita, Cyprus is well positioned in terms of the standard of living of its population, coming 29th out of the 196 countries whose 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.