Cyprus GDP (2026): History, Growth Rate & Projections

Nominal Gross Domestic Product (GDP) of Cyprus is $45.17 billion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 3%. GDP per capita is $45,409.

Cyprus GDP Trend

Nominal GDP of Cyprus has grown from $2.31 billion in 1980 to $45.17 billion in 2026.

Cyprus GDP Growth Rate (%)

This chart shows the year-over-year real GDP growth rate of Cyprus. Hover any bar to see the exact value for that year.

Average Growth

4.20%

Best Year

2021 (+11.4%)

Worst Year

2013 (-6.6%)

Years of Contraction

5 of 47

GDP per capita in Cyprus rose from $41,730 in 2025 to $45,409 in 2026, an increase of 8.8%.

"Cyprus GDP", "Cyprus gross domestic product", and "Cyprus economy size" all refer to the same nominal GDP figure.

Gross Domestic Product (GDP) of Cyprus

The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Cyprus for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.

Cyprus nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2026	$45,171,000,000	3%	$45,409	1.22%
2025	$41,019,000,000	3.8%	$41,730	1.76%
2024	$37,623,000,000	3.9%	$38,933	1.79%
2023	$35,085,000,000	3.6%	$36,968	2.04%
2022	$31,243,000,000	8.3%	$33,603	1.75%
2021	$30,392,000,000	11.4%	$33,235	1.33%
2020	$25,535,000,000	-3.2%	$28,296	1.35%
2019	$26,200,000,000	5.9%	$29,432	1.25%
2018	$25,766,000,000	6.3%	$29,326	1.03%
2017	$22,938,000,000	5.7%	$26,370	0.69%
2016	$21,041,000,000	6.6%	$24,359	0.35%
2015	$19,911,000,000	3.4%	$23,130	0.12%
2014	$23,232,000,000	-1.8%	$27,013	-0.35%
2013	$23,960,000,000	-6.6%	$27,769	0.12%
2012	$25,063,000,000	-3.4%	$29,075	2.62%
2011	$27,637,000,000	0.4%	$32,911	2.56%
2010	$25,821,000,000	2.3%	$31,522	2.76%
2009	$26,020,000,000	-2%	$32,650	2.71%
2008	$27,955,000,000	3.6%	$36,009	2.37%
2007	$24,082,000,000	5.1%	$31,774	1.88%
2006	$20,422,000,000	4.7%	$27,448	1.5%
2005	$18,713,000,000	4.9%	$25,527	1.38%
2004	$17,328,000,000	5%	$23,970	1.26%
2003	$14,552,000,000	2.6%	$20,389	1.13%
2002	$11,422,000,000	3.7%	$16,188	1.15%
2001	$10,397,000,000	4%	$14,905	1.16%
2000	$9,988,000,000	6%	$14,465	1.02%
1999	$10,502,000,000	5%	$15,380	1.19%
1998	$10,251,000,000	6.1%	$15,182	1.35%
1997	$9,544,000,000	2.6%	$14,324	1.52%
1996	$10,016,000,000	1.4%	$15,261	1.71%
1995	$9,937,000,000	9.9%	$15,397	0.94%
1994	$8,004,000,000	5.9%	$12,525	2.08%
1993	$7,098,000,000	0.7%	$11,342	2.45%
1992	$7,424,000,000	9.4%	$12,159	2.69%
1991	$6,195,000,000	0.7%	$10,414	2.76%
1990	$6,003,000,000	7.4%	$10,360	1.94%
1989	$4,901,000,000	8.1%	$8,636	1.61%
1988	$4,589,000,000	8.3%	$8,204	0.9%
1987	$3,979,000,000	7.1%	$7,188	1.09%
1986	$3,317,000,000	3.6%	$6,058	1.29%
1985	$2,611,000,000	4.7%	$4,825	1.12%
1984	$2,447,000,000	8.8%	$4,576	1.33%
1983	$2,321,000,000	5.3%	$4,399	1.34%
1982	$2,319,000,000	6.3%	$4,453	1.17%
1981	$2,242,000,000	3.1%	$4,353	1.18%
1980	$2,314,000,000	5.9%	$4,550	—

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Cyprus GDP Projections (IMF)

IMF projects nominal GDP for Cyprus through 2031, based on current growth and inflation assumptions.

Cyprus nominal GDP by year
Year	GDP Nominal (Current USD)	GDP Growth	GDP per capita	Pop. Change
2031	$58,098,000,000	3%	$57,180	0.2%
2030	$55,224,000,000	3%	$54,475	0.3%
2029	$52,479,000,000	3%	$51,896	0.2%
2028	$49,816,000,000	3%	$49,395	0.3%
2027	$47,359,000,000	3%	$47,091	1.11%

Compare Cyprus to Nearby-Ranked Economies

Cyprus ranks #105 in the world by nominal GDP. See how it compares to the economies ranked just above and below it.

#104Nepal GDP #106Sudan GDP

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Frequently Asked Questions

What is the GDP of Cyprus?

The nominal GDP of Cyprus in 2026 is $45.17 billion, according to the IMF World Economic Outlook (April 2026). This ranks Cyprus 105th in the world by nominal GDP.

What is the GDP growth rate of Cyprus?

The GDP growth rate of Cyprus in 2026 is 3%, per IMF estimates.

What is the GDP per capita of Cyprus?

GDP per capita in Cyprus in 2026 is $45,409, per IMF data.

Is the GDP of Cyprus expected to grow?

IMF projects the nominal GDP of Cyprus to reach $58.10 billion by 2031, up from $45.17 billion in 2026.

Sources: IMF, World Economic Outlook (April 2026).

Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.