Cyprus Private Consumption: % of GDP
1995 - 2024 | Quarterly | % | CEIC Data
Key information about Cyprus Private Consumption: % of GDP
- Cyprus Private Consumption accounted for 57.1 % of its Nominal GDP in Jun 2024, compared with a ratio of 62.2 % in the previous quarter.
- Cyprus Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1995 to Jun 2024, with an average share of 63.0 %.
- The data reached an all-time high of 74.0 % in Mar 2013 and a record low of 53.6 % in Sep 2001.
CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. Private Consumption Expenditure is calculated as the sum of Household and NPISHs consumption. The Statistical Service of Cyprus provides Private Consumption Expenditure in EUR and Nominal GDP in EUR.
Related information about Cyprus Private Consumption: % of GDP
- In the latest reports, Cyprus GDP expanded 3.4 % YoY in Mar 2023.
- Its Nominal GDP reached 7.6 USD bn in Mar 2023.
- Cyprus GDP Per Capita reached 31,115.0 USD in Dec 2022.
- Its Gross Savings Rate was measured at 24.7 % in Jun 2024.
View Cyprus's Private Consumption: % of GDP from Mar 1995 to Jun 2024 in the chart:
What was Cyprus's Private Consumption: % of GDP in Jun 2024?
Cyprus Private Consumption accounted for 57.1 % of its Nominal GDP in Jun 2024, compared with a ratio of 62.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 57.1 Jun 2024 | 62.2 Mar 2024 | 53.6 Sep 2001 | 74.0 Mar 2013 | % | quarterly | Mar 1995 - Jun 2024 |
Private Consumption: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 73.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 41.2 2023 | yearly | 1950 - 2023 |
| Argentina (%) | 69.6 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Armenia (%) | 73.7 Jun 2024 | quarterly | Dec 1994 - Jun 2024 |
| Australia (%) | 50.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Austria (%) | 51.9 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Azerbaijan (%) | 44.0 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
| Bahrain (%) | 36.3 2022 | yearly | 1975 - 2022 |
| Bangladesh (%) | 66.8 2024 | yearly | 1973 - 2024 |
| Belarus (%) | 55.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Belgium (%) | 51.4 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Bolivia (%) | 62.8 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | 62.8 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Botswana (%) | 42.8 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Brazil (%) | 63.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Brunei (%) | 24.2 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Bulgaria (%) | 62.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 60.0 2022 | yearly | 1993 - 2022 |
| Canada (%) | 57.7 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
| Chile (%) | 65.2 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
| China (%) | 39.2 2023 | yearly | 1952 - 2023 |
| Colombia (%) | 74.5 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Croatia (%) | 58.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Cyprus (%) | 57.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Czech Republic (%) | 45.9 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 45.2 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Ecuador (%) | 63.1 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
| Egypt (%) | 86.8 Jun 2024 | quarterly | Sep 2001 - Jun 2024 |
| Estonia (%) | 53.5 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| European Union (%) | 52.7 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Finland (%) | 51.8 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| France (%) | 55.0 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Georgia (%) | 73.7 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Germany (%) | 53.2 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ghana (%) | 84.2 2023 | yearly | 2006 - 2023 |
| Greece (%) | 70.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Hong Kong SAR, China (%) | 71.7 Jun 2024 | quarterly | Mar 1973 - Jun 2024 |
| Hungary (%) | 50.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Iceland (%) | 51.0 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| India (%) | 60.4 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
| Indonesia (%) | 54.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Iran (%) | 45.2 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (%) | 31.9 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Israel (%) | 48.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Italy (%) | 58.6 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Ivory Coast (%) | 65.8 2023 | yearly | 1960 - 2023 |
| Japan (%) | 54.2 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Jordan (%) | 78.7 2023 | yearly | 1962 - 2023 |
| Kazakhstan (%) | 46.5 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 76.2 2023 | yearly | 1969 - 2023 |
| South Korea (%) | 47.6 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Kosovo (%) | 72.5 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Kuwait (%) | 32.5 2022 | yearly | 1962 - 2022 |
| Kyrgyzstan (%) | 84.8 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
| Laos (%) | 64.4 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 59.3 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Lebanon (%) | 118.8 2021 | yearly | 1990 - 2021 |
| Lithuania (%) | 60.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Luxembourg (%) | 31.2 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Macau SAR, China (%) | 29.1 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| North Macedonia (%) | 67.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (%) | 79.2 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 59.6 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Malta (%) | 45.0 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Mauritius (%) | 59.8 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Mexico (%) | 70.0 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Moldova (%) | 82.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mongolia (%) | 48.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Montenegro (%) | 77.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | 56.7 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
| Mozambique (%) | 78.0 2023 | yearly | 1969 - 2022 |
| Nepal (%) | 86.1 2024 | yearly | 1975 - 2024 |
| Netherlands (%) | 42.4 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| New Zealand (%) | 57.4 Jun 2024 | quarterly | Jun 1987 - Jun 2024 |
| Nigeria (%) | 61.2 2023 | yearly | 1981 - 2023 |
| Norway (%) | 39.4 Jun 2024 | quarterly | Mar 1978 - Jun 2024 |
| Oman (%) | 34.3 2022 | yearly | 1980 - 2022 |
| Pakistan (%) | 84.4 2024 | yearly | 1967 - 2024 |
| Palestinian Territory (%) | 98.6 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (%) | 48.7 2022 | yearly | 1996 - 2022 |
| Paraguay (%) | 67.1 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Peru (%) | 65.7 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Philippines (%) | 72.5 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
| Poland (%) | 60.2 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Portugal (%) | 61.1 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Qatar (%) | 20.6 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 61.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Russia (%) | 50.9 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Saudi Arabia (%) | 40.2 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Serbia (%) | 66.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (%) | 31.3 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 61.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Slovenia (%) | 50.5 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| South Africa (%) | 62.8 Jun 2024 | quarterly | Mar 1960 - Jun 2024 |
| Spain (%) | 55.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Sri Lanka (%) | 66.4 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Sudan (%) | 77.8 2016 | yearly | 1976 - 2016 |
| Sweden (%) | 44.9 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Switzerland (%) | 50.3 Jun 2024 | quarterly | Mar 1980 - Jun 2024 |
| Syria (%) | 114.8 2022 | yearly | 1970 - 2022 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doCyprus Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.600 2029 | yearly | 2001 - 2029 |
| Trade Balance (USD mn) | -740.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Total Exports (USD mn) | 304.6 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Exports Growth (%) | -34.6 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Aluminum: Exports (USD th) | 2,262.161 2023 | yearly | 1995 - 2023 |
| 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) | 1,045.3 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Imports Growth (%) | -23.7 Aug 2024 | monthly | Jan 2001 - Aug 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) | 4.326 Jul 2024 | monthly | Nov 1969 - Jul 2024 |
| Total Imports from USA (USD mn) | 6.437 Jul 2024 | monthly | Apr 1964 - Jul 2024 |
| Total Exports to China (USD mn) | 3.892 Jul 2024 | monthly | Nov 1999 - Jul 2024 |
| Total Imports from China (USD mn) | 88.981 Jul 2024 | monthly | Sep 1974 - Jul 2024 |
| Exports (EUR th) | 276,398.000 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Imports (EUR th) | 948,583.000 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Foreign Trade: Imports: YoY (%) | -23.700 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Foreign Trade: Exports: YoY (%) | -34.600 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 7,263.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 59,996.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 19,328.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Mineral Products (EUR th) | 141,329.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 6,551.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
| Exports: EU: United Kingdom (EUR th) | 14,772.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: Middle East: Lebanon (EUR th) | 46,999.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: EU: Greece (EUR th) | 31,603.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: North America: United States (EUR th) | 3,988.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 108,615.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 126,263.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Mineral Products (EUR th) | 256,404.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 118,347.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 47,344.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Germany (EUR th) | 67,832.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Italy (EUR th) | 67,153.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Greece (EUR th) | 269,259.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Export Value Index (2015=100) | 114.907 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 144.778 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.9 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| Household Debt: % of GDP (%) | 83.3 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 1,788.028 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 243.7 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.686 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Gold Reserves (USD mn) | 1,174.999 Sep 2024 | monthly | Mar 1968 - Sep 2024 |
| Total Deposits (USD mn) | 59,284.315 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| Total Deposits Growth (%) | 3.5 Aug 2024 | monthly | Nov 2006 - Aug 2024 |
| Domestic Credit (USD mn) | 22,511.8 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| Domestic Credit Growth (%) | -2.9 Aug 2024 | monthly | Nov 2006 - Aug 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 27,568.061 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| Total Loans Growth (%) | -0.31 Aug 2024 | monthly | Nov 2006 - Aug 2024 |
| Private Debt: % of Nominal GDP (%) | 60.95 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Reserve Assets (EUR mn) | 1,898.626 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 218.671 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 1,054.283 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| MFIs Deposits: Non MFIs (EUR mn) | 53,602.455 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Non Financial Corporations (EUR mn) | 11,260.598 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 27,902.731 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| MFIs Loans: Non MFIs (EUR mn) | 24,925.914 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| MFIs Loans: Non MFIs: OS: Households: Consumer Credit (EUR mn) | 1,228.973 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| MFIs Loans: Non MFIs: OS: Households: Housing Loans (EUR mn) | 8,658.666 Aug 2024 | monthly | Nov 2005 - Aug 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 6.920 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.9 Oct 2024 | monthly | May 2003 - Oct 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