Cyprus Real GDP Growth
Key information about Cyprus Real GDP Growth
- The Gross Domestic Product (GDP) in Cyprus expanded 3.4 % YoY in Mar 2023, following a growth of 4.4 % in the previous quarter.
- Real GDP Growth YoY data in Cyprus is updated quarterly, available from Mar 1996 to Mar 2023, with an average rate of 4.4 %.
- The data reached an all-time high of 12.8 % in Jun 2021 and a record low of -10.8 % in Jun 2020.
Related information about Cyprus Real GDP Growth
- In the latest reports, Nominal GDP of Cyprus reached 7.6 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
- GDP Per Capita in Cyprus reached 31,115.0 USD in Dec 2022.
- Its Gross Savings Rate was measured at 20.2 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 35.9 % in Mar 2023.
- Public Consumption accounted for 18.5 % in Mar 2023.
- Private Consumption accounted for 61.3 % in Mar 2023.
View Cyprus's Real GDP Growth from Mar 1996 to Mar 2023 in the chart:
What was Cyprus's Real GDP Growth in Mar 2023?
The Gross Domestic Product (GDP) in Cyprus expanded 3.4 % YoY in Mar 2023, following a growth of 4.4 % in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.4 Mar 2023 | 4.4 Dec 2022 | -10.8 Jun 2020 | 12.8 Jun 2021 | % | quarterly | Mar 1996 - Mar 2023 |
Real GDP Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 4.7 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
Algeria (%) | 3.6 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Argentina (%) | 1.2 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Armenia (%) | 12.1 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
Australia (%) | 2.7 Dec 2022 | quarterly | Sep 1960 - Dec 2022 |
Austria (%) | 1.8 Mar 2023 | quarterly | Mar 1989 - Mar 2023 |
Azerbaijan (%) | 4.6 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Bahrain (%) | 1.3 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Bangladesh (%) | 7.1 2022 | yearly | 2007 - 2022 |
Belarus (%) | -2.0 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
Belgium (%) | 1.9 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
Bolivia (%) | 4.3 Jun 2022 | quarterly | Mar 1991 - Jun 2022 |
Bosnia and Herzegovina (%) | 2.6 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
Botswana (%) | 6.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Brazil (%) | 3.4 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
Brunei (%) | 0.9 Sep 2022 | quarterly | Mar 2005 - Sep 2022 |
Bulgaria (%) | 2.3 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Cambodia (%) | 5.3 2022 | yearly | 1994 - 2022 |
Canada (%) | 2.1 Dec 2022 | quarterly | Mar 1962 - Dec 2022 |
Chile (%) | -0.1 Sep 2022 | quarterly | Mar 1987 - Sep 2022 |
China (%) | 4.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (%) | 2.9 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Croatia (%) | 4.0 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Cyprus (%) | 3.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Czech Republic (%) | 0.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Denmark (%) | 1.5 Dec 2022 | quarterly | Mar 1992 - Dec 2022 |
Ecuador (%) | 3.2 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Egypt (%) | 4.4 Sep 2022 | quarterly | Sep 2002 - Sep 2022 |
Estonia (%) | -4.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
European Union (%) | 1.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Finland (%) | -0.3 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
France (%) | 0.9 Mar 2023 | quarterly | Mar 1950 - Mar 2023 |
Georgia (%) | 9.7 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
Germany (%) | -0.5 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Ghana (%) | 1.7 Sep 2024 | quarterly | Jun 2006 - Sep 2024 |
Greece (%) | 5.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Hong Kong SAR, China (%) | 2.8 Mar 2023 | quarterly | Mar 1991 - Mar 2023 |
Hungary (%) | 0.8 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Iceland (%) | 6.1 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
India (%) | 4.4 Dec 2022 | quarterly | Jun 2005 - Dec 2022 |
Indonesia (%) | 5.0 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Iran (%) | 5.0 Mar 2022 | quarterly | Jun 1989 - Mar 2022 |
Ireland (%) | -0.3 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Israel (%) | 2.5 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Italy (%) | 1.4 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
Ivory Coast (%) | 6.8 2022 | yearly | 1966 - 2022 |
Japan (%) | 0.4 Dec 2022 | quarterly | Mar 1956 - Dec 2022 |
Jordan (%) | 2.8 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
Kazakhstan (%) | 3.4 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
Kenya (%) | 5.2 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
South Korea (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
Kosovo (%) | 4.0 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Kuwait (%) | -1.6 Jun 2024 | quarterly | Jun 2010 - Jun 2024 |
Kyrgyzstan (%) | 7.0 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Laos (%) | 3.5 2021 | yearly | 2003 - 2021 |
Latvia (%) | 0.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Lebanon (%) | 2.0 2021 | yearly | 2012 - 2021 |
Lithuania (%) | -0.4 Dec 2022 | quarterly | Jun 1995 - Dec 2022 |
Luxembourg (%) | -2.2 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Macau SAR, China (%) | -23.4 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
North Macedonia (%) | 0.6 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Malawi (%) | 4.0 2018 | yearly | 2003 - 2018 |
Malaysia (%) | 7.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Malta (%) | 4.6 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
Mauritius (%) | 7.4 Sep 2022 | quarterly | Mar 2001 - Sep 2022 |
Mexico (%) | 3.7 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Moldova (%) | -10.3 Sep 2022 | quarterly | Mar 1996 - Sep 2022 |
Mongolia (%) | 7.7 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
Montenegro (%) | 2.7 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 0.5 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
Mozambique (%) | 2.0 Dec 2018 | quarterly | Jun 2007 - Dec 2018 |
Myanmar (%) | 3.3 2023 | yearly | 2011 - 2023 |
Nepal (%) | 1.0 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
Netherlands (%) | 2.1 Mar 2023 | quarterly | Mar 1997 - Mar 2023 |
New Zealand (%) | 1.8 Mar 2023 | quarterly | Jun 1983 - Mar 2023 |
Nigeria (%) | 2.3 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
Norway (%) | 1.8 Dec 2022 | quarterly | Mar 1979 - Dec 2022 |
Oman (%) | 3.1 2021 | yearly | 1999 - 2021 |
Pakistan (%) | 1.7 2023 | yearly | 2001 - 2023 |
Palestinian Territory (%) | 4.8 Jun 2024 | quarterly | Jun 2000 - Jun 2024 |
Panama (%) | 9.5 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Paraguay (%) | 5.2 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Peru (%) | -0.4 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
Philippines (%) | 7.1 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Poland (%) | 0.4 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Portugal (%) | 1.8 Jun 2019 | quarterly | Mar 1996 - Jun 2019 |
Qatar (%) | -0.0 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
Romania (%) | 2.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Russia (%) | -2.6 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
Saudi Arabia (%) | -3.7 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
Serbia (%) | 4.5 Sep 2019 | quarterly | Mar 1997 - Sep 2019 |
Singapore (%) | 0.4 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
Slovakia (%) | 1.2 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Slovenia (%) | 1.0 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
Spain (%) | 2.7 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Sri Lanka (%) | -12.4 Dec 2022 | quarterly | Mar 2011 - Dec 2022 |
Sudan (%) | -1.9 2021 | yearly | 1983 - 2021 |
Sweden (%) | -0.1 Dec 2022 | quarterly | Mar 1982 - Dec 2022 |
Switzerland (%) | 0.7 Mar 2023 | quarterly | Mar 1966 - Mar 2023 |
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) | -659.7 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
Total Exports (USD mn) | 388.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Total Exports Growth (%) | -21.2 Sep 2024 | monthly | Jan 2001 - Sep 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) | 1,048.5 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Total Imports Growth (%) | -14.3 Sep 2024 | monthly | Jan 2001 - Sep 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) | 2.552 Aug 2024 | monthly | Nov 1969 - Aug 2024 |
Total Imports from USA (USD mn) | 17.874 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
Total Exports to China (USD mn) | 1.390 Aug 2024 | monthly | Nov 1999 - Aug 2024 |
Total Imports from China (USD mn) | 84.333 Aug 2024 | monthly | Sep 1974 - Aug 2024 |
Exports (EUR th) | 350,170.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Imports (EUR th) | 944,244.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
Foreign Trade: Imports: YoY (%) | -14.300 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
Foreign Trade: Exports: YoY (%) | -21.200 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 6,158.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: HS: Chemicals and Chemical Products (EUR th) | 42,232.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: HS: Base Metals and Base Metals Products (EUR th) | 3,820.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 13,346.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: HS: Mineral Products (EUR th) | 153,638.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
Exports: EU: United Kingdom (EUR th) | 13,148.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: Middle East: Lebanon (EUR th) | 40,638.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: EU: Greece (EUR th) | 19,788.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Exports: North America: United States (EUR th) | 2,316.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: HS: Food, Beverages and Tobacco (EUR th) | 93,811.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 116,687.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 129,503.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: HS: Base Metals and Base Metals Products (EUR th) | 34,103.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: HS: Mineral Products (EUR th) | 266,254.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: EU: Germany (EUR th) | 57,876.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: EU: Italy (EUR th) | 58,517.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
Imports: EU: Greece (EUR th) | 215,884.000 Aug 2024 | monthly | May 2003 - Aug 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 (%) | 6.8 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
Household Debt: % of GDP (%) | 83.3 2022 | yearly | 1995 - 2022 |
Non-Performing Loans (USD mn) | 1,811.148 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Foreign Exchange Reserves (USD mn) | 252.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 0.666 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 0.2 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
Gold Reserves (USD mn) | 1,187.577 Nov 2024 | monthly | Mar 1968 - Nov 2024 |
Total Deposits (USD mn) | 59,230.673 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
Total Deposits Growth (%) | 5.1 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
Domestic Credit (USD mn) | 21,988.9 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
Domestic Credit Growth (%) | -2.2 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
Total Loans (USD mn) | 26,971.087 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
Total Loans Growth (%) | 0.60 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 59.37 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Reserve Assets (EUR mn) | 2,005.233 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
Reserve Assets: Foreign Exchange (EUR mn) | 239.690 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
Reserve Assets: Monetary Gold (EUR mn) | 1,125.985 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 28,124.735 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
Non Performing Loans to Total Loans: Basel III (%) | 6.806 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -5.5 Nov 2024 | monthly | May 2003 - Nov 2024 |
More Indicators for Cyprus
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