Cyprus Nominal GDP Growth
1996 - 2023 | Quarterly | % | CEIC Data
Key information about Cyprus Nominal GDP Growth
- Cyprus Nominal GDP Growth was reported at 6.926 % in Dec 2023.
- This records an increase from the previous number of 6.468 % for Sep 2023.
- Cyprus Nominal GDP Growth data is updated quarterly, averaging 6.465 % from Mar 1996 to Dec 2023, with 112 observations.
- The data reached an all-time high of 20.823 % in Jun 2021 and a record low of -12.657 % in Jun 2020.
- Cyprus Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Statistical Service of Cyprus provides Nominal GDP in EUR.
View Cyprus's Nominal GDP Growth from Mar 1996 to Dec 2023 in the chart:
What was Cyprus's Nominal GDP Growth in Dec 2023?
Cyprus Nominal GDP Growth was reported at 6.926 % in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.926 Dec 2023 | 6.468 Sep 2023 | -12.657 Jun 2020 | 20.823 Jun 2021 | % | quarterly | Mar 1996 - Dec 2023 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 8.461 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Algeria (%) | -1.277 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Armenia (%) | 9.729 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
| Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Bahrain (%) | 3.399 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.186 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Belgium (%) | 4.148 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Bolivia (%) | 5.226 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brazil (%) | 6.646 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Bulgaria (%) | 0.296 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
| Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
| Chile (%) | 7.491 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| China (%) | 4.176 Mar 2024 | quarterly | Mar 1993 - Mar 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 10.338 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cyprus (%) | 6.926 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Denmark (%) | -1.565 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 5.681 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | 4.870 Mar 2024 | quarterly | Mar 1950 - Mar 2024 |
| Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Germany (%) | 4.283 Mar 2024 | quarterly | Mar 1961 - Mar 2024 |
| Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 7.069 Mar 2024 | quarterly | Mar 1974 - Mar 2024 |
| Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 4.275 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
| Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Israel (%) | 4.816 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.178 Mar 2024 | quarterly | Mar 1981 - Mar 2024 |
| Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Kazakhstan (%) | 17.599 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
| Latvia (%) | 2.961 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 28.597 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 4.836 Mar 2024 | quarterly | Mar 1992 - Mar 2024 |
| Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mexico (%) | 6.722 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Moldova (%) | 11.277 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Mongolia (%) | 19.388 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.071 Mar 2024 | quarterly | Mar 1989 - Mar 2024 |
| New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 14.857 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Norway (%) | -3.436 Mar 2024 | quarterly | Mar 1979 - Mar 2024 |
| Oman (%) | -1.973 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.800 Mar 2024 | quarterly | Mar 1982 - Mar 2024 |
| Poland (%) | 4.234 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -12.949 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 19.473 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Singapore (%) | 7.156 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Slovakia (%) | 12.310 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 7.082 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Spain (%) | 5.709 Mar 2024 | quarterly | Mar 1971 - Mar 2024 |
| Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.500 2028 | yearly | 2001 - 2028 |
| Trade Balance (USD mn) | -596.9 Mar 2024 | monthly | Jan 1957 - Mar 2024 |
| Total Exports (USD mn) | 283.7 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Total Exports Growth (%) | -30.4 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Aluminum: Exports (USD th) | 6,478.826 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 392,658.586 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,615.719 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 880.6 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Total Imports Growth (%) | -20.1 Mar 2024 | monthly | Jan 2001 - Mar 2024 |
| Imports: Medicament (USD th) | 374,947.813 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 95,568.267 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 4.344 Feb 2024 | monthly | Nov 1969 - Feb 2024 |
| Total Imports from USA (USD mn) | 8.877 Feb 2024 | monthly | Apr 1964 - Feb 2024 |
| Total Exports to China (USD mn) | 1.139 Dec 2023 | monthly | Nov 1999 - Dec 2023 |
| Total Imports from China (USD mn) | 42.308 Dec 2023 | monthly | Sep 1974 - Dec 2023 |
| Exports (EUR th) | 260,983.000 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Imports (EUR th) | 810,129.000 Mar 2024 | monthly | Jan 2000 - Mar 2024 |
| Foreign Trade: Imports: YoY (%) | -20.100 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Foreign Trade: Exports: YoY (%) | -30.400 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 6,304.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 48,136.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 16,030.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 6,343.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: HS: Mineral Products (EUR th) | 75,179.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: Re-Export (EUR mn) | 2,530.000 2022 | yearly | 1985 - 2022 |
| Exports: EU: United Kingdom (EUR th) | 21,575.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: Middle East: Lebanon (EUR th) | 41,413.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: EU: Greece (EUR th) | 24,025.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Exports: North America: United States (EUR th) | 4,025.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 79,310.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 112,581.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 103,140.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 51,919.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: HS: Mineral Products (EUR th) | 170,754.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: EU: Germany (EUR th) | 63,296.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: EU: Italy (EUR th) | 86,913.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Imports: EU: Greece (EUR th) | 227,457.000 Feb 2024 | monthly | May 2003 - Feb 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 7.9 Jan 2024 | monthly | Dec 2014 - Jan 2024 |
| Household Debt: % of GDP (%) | 88.2 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 2,063.356 Jan 2024 | monthly | Dec 2014 - Jan 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 236.6 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.553 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.3 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Gold Reserves (USD mn) | 1,029.226 Apr 2024 | monthly | Mar 1968 - Apr 2024 |
| Total Deposits (USD mn) | 56,168.779 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Deposits Growth (%) | 0.1 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Domestic Credit (USD mn) | 22,411.7 Mar 2024 | monthly | Nov 2005 - Mar 2024 |
| Domestic Credit Growth (%) | -6.1 Jan 2024 | monthly | Nov 2006 - Jan 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 27,055.506 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Loans Growth (%) | -0.27 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 65.69 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Reserve Assets (EUR mn) | 1,817.211 Apr 2024 | monthly | Jan 2013 - Apr 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 221.452 Apr 2024 | monthly | Jan 2013 - Apr 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 963.334 Apr 2024 | monthly | Jan 2013 - Apr 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Non Financial Corporations (EUR mn) | 10,428.680 Mar 2024 | monthly | Nov 2005 - Mar 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 27,735.015 Mar 2024 | monthly | Nov 2005 - Mar 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 7.913 Jan 2024 | monthly | Dec 2014 - Jan 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -5.7 Apr 2024 | monthly | May 2003 - Apr 2024 |
More Indicators for Cyprus
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National Accounts
ESA 1995: GDP Growth Rate (Discontinued)
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Annual
ESA 2010: GDP: by Expenditure: Current Price
ESA 2010: GDP: by Expenditure: Current Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Industry: Current Price
ESA 2010: GDP: by Industry: Current Price: Seasonally and Working Day Adjusted
ESA 2010: Main Aggregates: Current Price
Funds by Sector: ESA 2010: Households: Stock
Funds by Sector: ESA 2010: Total Economy: Flow
GDP Deflator: Seasonally and Working Day Adjusted
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
Contribution to GDP
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Expenditure: Current Price: Annual
ESA 2010: GDP: by Industry: Chain Linked 2005 Price: Annual
ESA 2010: GDP: by Industry: Current Price: Annual
ESA 2010: GDP Growth Rate
Funds by Sector: ESA 2010: Financial Corporations: Stock
Funds by Sector: ESA 2010: Non Financial Corporations: Stock
Funds by Sector: ESA 2010: Total Economy: Stock
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real