Indicators of economy in Cyprus

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2017 was at about 10.514 US Dollar per capita. The GDP in Cyprus reached 18.356 US Dollar per capita. The gross national product has been at 23.720 US Dollar per capita.

Inflation in Cyprus was in 2017 at around 0.53%. For the the EU, the average of the same was year at 1.58\%.

Compared to Germany, the prices for convenience goods are approximately 18.30\% lower.
The Corruption Perceptions Index for the public sector counts 57 and is compared to other countries moderate.


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Unemployment rates in percent 1991 - 2017

Unemployment rates Cyprus

Economic performance 2017

 Cyprus
Total
Cyprus
per capita
EU
Total
EU
per capita
GDP21.65 bn USD18,355.96 USD17,277.70 tn USD33,715.13 USD
Gross national product20.35 bn USD17,254.00 USD16,797.26 tn USD32,777.62 USD


Development of the Gross domestic product in billion US Dollar 1980 - 2017

GDP Cyprus

Household debt and deficits 2017


 Cyprus
Total
Cyprus
per capita
EU
Total
EU
per capita
Gross debt21.15 bn USD17,933.44 USD14,126.57 tn USD27,566.13 USD
Budget deficit-388.16 m USD-329.08 USD165.60 bn USD323.15 USD

Please note: A negative budget deficit equivalents to a surplus

Debt budget development
Development of inflation
Corruption in Cyprus
Cost of living in a global comparison

Im- and Exports 2017

 Cyprus
Total
Cyprus
per capita
EU
Total
EU
per capita
Exports2.91 bn USD2,462.80 USD5,608.04 bn USD10,943.35 USD
Imports7.88 bn USD6,683.90 USD5,270.36 bn USD10,284.40 USD


Development of imports and exports in billion US dollars 1980 - 2017


Exports
Imports