Cyprus - GDP

GDP (current US$)

The latest value for GDP (current US$) in Cyprus was $20,047,010,000 as of 2016. Over the past 41 years, the value for this indicator has fluctuated between $27,839,460,000 in 2008 and $489,914,800 in 1975.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $489,914,800
1976 $576,090,000
1977 $734,888,000
1978 $964,026,500
1979 $1,288,715,000
1980 $2,154,311,000
1981 $2,087,496,000
1982 $2,159,242,000
1983 $2,160,364,000
1984 $2,278,249,000
1985 $2,430,412,000
1986 $3,090,734,000
1987 $3,704,814,000
1988 $4,278,793,000
1989 $4,563,483,000
1990 $5,591,130,000
1991 $5,770,198,000
1992 $6,912,151,000
1993 $6,590,291,000
1994 $7,425,704,000
1995 $9,826,779,000
1996 $9,899,623,000
1997 $9,594,298,000
1998 $10,353,510,000
1999 $10,614,460,000
2000 $10,183,320,000
2001 $10,567,300,000
2002 $11,618,270,000
2003 $14,576,900,000
2004 $17,422,370,000
2005 $18,703,150,000
2006 $20,403,710,000
2007 $24,077,470,000
2008 $27,839,460,000
2009 $25,942,620,000
2010 $25,562,250,000
2011 $27,427,160,000
2012 $25,041,370,000
2013 $24,084,570,000
2014 $23,359,290,000
2015 $19,676,170,000
2016 $20,047,010,000

GDP (current LCU)

The value for GDP (current LCU) in Cyprus was 18,122,500,000 as of 2016. As the graph below shows, over the past 41 years this indicator reached a maximum value of 19,731,100,000 in 2011 and a minimum value of 439,110,600 in 1975.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 439,110,600
1976 570,502,000
1977 722,909,300
1978 865,406,600
1979 1,076,077,000
1980 1,299,050,000
1981 1,496,735,000
1982 1,751,146,000
1983 1,942,167,000
1984 2,285,084,000
1985 2,532,489,000
1986 2,735,300,000
1987 3,041,652,000
1988 3,410,198,000
1989 3,856,143,000
1990 4,366,673,000
1991 4,569,996,000
1992 5,301,619,000
1993 5,595,157,000
1994 6,237,592,000
1995 7,596,100,000
1996 7,890,000,000
1997 8,414,200,000
1998 9,152,500,000
1999 9,839,600,000
2000 10,804,500,000
2001 11,602,900,000
2002 12,083,000,000
2003 12,871,400,000
2004 13,937,900,000
2005 15,039,200,000
2006 16,263,800,000
2007 17,591,000,000
2008 19,006,000,000
2009 18,673,500,000
2010 19,299,500,000
2011 19,731,100,000
2012 19,489,700,000
2013 18,140,500,000
2014 17,605,900,000
2015 17,742,000,000
2016 18,122,500,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Cyprus was 18,122,500,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 19,731,100,000 in 2011 and 4,366,673,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 4,366,673,000
1991 4,569,996,000
1992 5,301,619,000
1993 5,595,157,000
1994 6,237,592,000
1995 7,596,100,000
1996 7,890,000,000
1997 8,414,200,000
1998 9,152,500,000
1999 9,839,600,000
2000 10,804,500,000
2001 11,602,900,000
2002 12,083,000,000
2003 12,871,400,000
2004 13,937,900,000
2005 15,039,200,000
2006 16,263,800,000
2007 17,591,000,000
2008 19,006,000,000
2009 18,673,500,000
2010 19,299,500,000
2011 19,731,100,000
2012 19,489,700,000
2013 18,140,500,000
2014 17,605,900,000
2015 17,742,000,000
2016 18,122,500,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Cyprus was 24,225,910,000 as of 2016. Over the past 41 years, the value for this indicator has fluctuated between 25,685,030,000 in 2008 and 3,822,696,000 in 1975.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 3,822,696,000
1976 4,597,414,000
1977 5,349,643,000
1978 5,765,707,000
1979 6,336,833,000
1980 6,701,407,000
1981 6,870,081,000
1982 7,283,777,000
1983 7,690,371,000
1984 8,363,885,000
1985 8,772,256,000
1986 9,097,175,000
1987 9,739,913,000
1988 10,582,100,000
1989 11,423,110,000
1990 12,268,870,000
1991 12,359,600,000
1992 13,521,400,000
1993 13,616,050,000
1994 14,419,400,000
1995 15,640,460,000
1996 15,848,950,000
1997 16,255,580,000
1998 17,106,640,000
1999 17,932,650,000
2000 18,959,180,000
2001 19,641,840,000
2002 20,309,490,000
2003 20,812,320,000
2004 21,763,510,000
2005 22,574,050,000
2006 23,592,180,000
2007 24,729,490,000
2008 25,685,030,000
2009 25,229,780,000
2010 25,562,250,000
2011 25,644,360,000
2012 24,860,080,000
2013 23,384,900,000
2014 23,056,630,000
2015 23,512,930,000
2016 24,225,910,000

GDP (constant LCU)

The value for GDP (constant LCU) in Cyprus was 16,139,800,000 as of 2016. As the graph below shows, over the past 41 years this indicator reached a maximum value of 17,111,900,000 in 2008 and a minimum value of 2,546,759,000 in 1975.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 2,546,759,000
1976 3,062,893,000
1977 3,564,043,000
1978 3,841,233,000
1979 4,221,729,000
1980 4,464,615,000
1981 4,576,990,000
1982 4,852,603,000
1983 5,123,484,000
1984 5,572,193,000
1985 5,844,258,000
1986 6,060,726,000
1987 6,488,932,000
1988 7,050,015,000
1989 7,610,310,000
1990 8,173,777,000
1991 8,234,222,000
1992 9,008,239,000
1993 9,071,297,000
1994 9,606,503,000
1995 10,420,000,000
1996 10,558,900,000
1997 10,829,800,000
1998 11,396,800,000
1999 11,947,100,000
2000 12,631,000,000
2001 13,085,800,000
2002 13,530,600,000
2003 13,865,600,000
2004 14,499,300,000
2005 15,039,300,000
2006 15,717,600,000
2007 16,475,300,000
2008 17,111,900,000
2009 16,808,600,000
2010 17,030,100,000
2011 17,084,800,000
2012 16,562,300,000
2013 15,579,500,000
2014 15,360,800,000
2015 15,664,800,000
2016 16,139,800,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Cyprus was 28,001,530,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 28,242,770,000 in 2011 and 7,637,996,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 7,637,996,000
1991 7,950,591,000
1992 8,896,220,000
1993 9,171,640,000
1994 9,919,468,000
1995 10,983,870,000
1996 11,311,470,000
1997 11,975,010,000
1998 12,854,970,000
1999 13,651,940,000
2000 15,057,380,000
2001 16,344,180,000
2002 17,006,190,000
2003 17,455,400,000
2004 18,994,390,000
2005 20,804,290,000
2006 22,901,540,000
2007 25,304,410,000
2008 27,393,470,000
2009 27,410,700,000
2010 27,616,430,000
2011 28,242,770,000
2012 27,572,490,000
2013 26,417,050,000
2014 26,043,460,000
2015 26,893,780,000
2016 28,001,530,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Cyprus was 26,680,590,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 28,287,560,000 in 2008 and 13,512,010,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 13,512,010,000
1991 13,611,940,000
1992 14,891,460,000
1993 14,995,700,000
1994 15,880,440,000
1995 17,225,230,000
1996 17,454,850,000
1997 17,902,670,000
1998 18,839,970,000
1999 19,749,670,000
2000 20,880,220,000
2001 21,632,050,000
2002 22,367,340,000
2003 22,921,130,000
2004 23,968,690,000
2005 24,861,360,000
2006 25,982,660,000
2007 27,235,210,000
2008 28,287,560,000
2009 27,786,180,000
2010 28,152,340,000
2011 28,242,770,000
2012 27,379,020,000
2013 25,754,360,000
2014 25,392,830,000
2015 25,895,370,000
2016 26,680,590,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts