Economy

Cyprus

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GDP per capita19752024
97610.4K19.8K29.2K38.7K19752024
Source: World Bank WDI
Private credit (% of GDP)20012020
10914518221925520012020
Source: WB GFDD
IndicatorValue
GDP (nominal)37,600,000,000 US$World Bank WDI [2024]
GDP (PPP)61,300,000,000 US$World Bank WDI [2024]
GDP growth3.94 %World Bank WDI [2024]
GDP per capita38,700 US$World Bank WDI [2024]
Inflation (CPI)1.8 %World Bank WDI [2024]
Unemployment4.92 %World Bank WDI [2025]
Exports of goods & services36,500,000,000 US$World Bank WDI [2024]
Imports of goods & services35,100,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)1.16 %World Bank WDI [2024]
Industry (% GDP)11.1 %World Bank WDI [2024]
Services (% GDP)76.5 %World Bank WDI [2024]
Industriestourism, food and beverage processing, cement and gypsum, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products; note: area administered by Turkish Cypriots - foodstuffs, textiles, clothing, ship repair, clay, gypsum, copper, furnitureCIA World Factbook [2025] · 2026 archive
Agricultural productsmilk, potatoes, sheep milk, pork, goat milk, wheat, chicken, olives, grapes, barley (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiesships, refined petroleum, packaged medicine, cheese, scented mixtures (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersLibya 14%, Greece 11%, Lebanon 8%, Bermuda 7%, Marshall Islands 5% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersGreece 20%, UK 10%, Italy 7%, Turkey 6%, Spain 6% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini index31.8 indexWorld Bank WDI [2023]
GDP per capita (1913)No authoritative open source found
Leading mineral commodityaggregates, primary (10,035,309 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.666 %World Inequality Database [2024]
Wealth share of top 1%0.333 %World Inequality Database [2024]
Gini (WID)1–31.8 indexWorld Inequality Database [2024] 1 index·World Bank WDI [2023] 31.8 index
EU-registered geographic indications26EU eAmbrosia GI [2026]
GI product categories1 / 143 / 144 / 147 / 153 / 155 / 160 / 196 / 219EU eAmbrosia GI [2026]
Top export partnersLibya (15.6%) / Greece (11.3%) / Israel (7.4%) / United Kingdom (6.4%) / Lebanon (6.3%)CEPII BACI [2024]
Top import partnersGreece (20.3%) / Türkiye (15.9%) / China (7.7%) / Italy (6.6%) / Germany (5.1%)CEPII BACI [2024]
Top agricultural productsMilk, Total / Raw milk of cattle / Fruit Primary / Potatoes / Roots and Tubers, TotalFAOSTAT [2024]
Bank assets (% of GDP)16.6 %WB GFDD [2021]
Private credit (% of GDP)110 %WB GFDD [2020]
Stock market capitalization (% of GDP)19 %WB GFDD [2020]
Financial account ownership96.1 %WB Findex [2024]
Mobile-money accountNo authoritative open source found
Borrowed from a bank31.2 %WB Findex [2021]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found
Standard VAT rate19 %EU VAT Rates [2025]
SEPA participants88 SEPA participantsSEPA Participants [2026]
TARGET T2 participants13 TARGET T2 participantsECB T2 Participants [2026]
EBA-listed payment institutions
  • 310 EBA-listed payment institutions
EBA PSD2 Register [2026]
ECB-listed MFIs29 ECB-listed MFIsECB MFI List [2026]

Section metadata

Data year2026
EditionDatabook 2026
Coverage36/40
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • EU eAmbrosia GI
    eambrosia_gi
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
  • EU VAT Rates
    vat_rates
    Edition: 2026
  • SEPA Participants
    sepa_participants
    Edition: 2026
  • ECB T2 Participants
    target_participants
    Edition: 2026
  • EBA PSD2 Register
    eba_payment_institutions
    Edition: 2026
  • ECB MFI List
    ecb_mfi_list
    Edition: 2026
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About this data

Cyprus's economy on Databook compiles 36 indicators from 14 open datasets including World Bank WDI, CIA World Factbook, BGS World Mineral Statistics. Key figures include gdp (nominal) (37,600,000,000 US$), gdp (ppp) (61,300,000,000 US$). Data is referenced to 2026. Every value carries its source and publication year, published under open licenses.