Cyprus GDP

The Gross Domestic Product (GDP) in Cyprus was worth 22.98 billion US dollars in 2012. The GDP value of Cyprus represents 0.04 percent of the world economy. GDP in Cyprus is reported by the The World Bank Group. From 1975 until 2012, Cyprus GDP averaged 9.2 USD Billion reaching an all time high of 25.3 USD Billion in December of 2008 and a record low of 0.5 USD Billion in December of 1975. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Cyprus GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
22.98 24.69 25.32 0.49 21.53 | 2014/06 1975 - 2012 USD Billion Yearly

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Cyprus GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 22.98 2012-12-31 24.69 25.32 0.49 21.53 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -5.10 2013-12-31 -5.20 5.50 -6.10 -5.92 2014-06-30 Percent [+]
GDP per capita 15378.20 2011-12-31 15328.30 24312.90 5986.52 4817.12 2014-06-30 USD [+]
GDP per capita PPP 23475.44 2012-12-31 24686.07 26456.34 11257.08 21955.59 2014-06-30 USD [+]
GDP Growth Rate -0.80 2013-12-31 -0.90 2.00 -1.80 -0.51 2014-06-30 Percent [+]
GDP Constant Prices 3450.20 2013-11-15 3476.30 3815.80 2349.60 3319.18 2014-06-30 EUR Million [+]
Gross Fixed Capital Formation 385.50 2013-11-15 439.90 27662.00 -71492.00 11392.49 2014-06-30 EUR Million [+]
Gross National Product 16503.70 2013-06-30 17720.20 18054.50 6924.70 15657.16 2014-06-30 EUR Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Cyprus Tourist Arrivals at 45227.00  
Tourist Arrivals in Cyprus increased to 45227 in February of 2014 from 40675 in January of 2014. Tourist Arrivals in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Unemployed Persons at 71651.00 Thousand  
The number of unemployed persons in Cyprus decreased to 71651 Thousand in the fourth quarter of 2013 from 72660 Thousand in the third quarter of 2013. Unemployed Persons in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Yearly Wage Growth Rate at 2.60 Percent  
Wages in Cyprus increased to 2.60 percent in 2011 from 2.40 percent in 2010. Wages in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Youth Unemployment Rate at 40.50 Percent  
Youth Unemployment Rate in Cyprus decreased to 40.50 percent in December of 2013 from 40.80 percent in November of 2013. Youth Unemployment Rate in Cyprus is reported by the Eurostat.
Cyprus Balance of Trade at -213393.00 EUR Thousand  
Cyprus recorded a trade deficit of 213393 EUR Thousand in February of 2014. Balance of Trade in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Current Account at 184.60 EUR Million  
Cyprus recorded a Current Account surplus of 184.60 EUR Million in the third quarter of 2013. Current Account in Cyprus is reported by the Central Bank of Cyprus.
Cyprus Exports at 106861.00 EUR Thousand  
Exports in Cyprus decreased to 106861 EUR Thousand in February of 2014 from 110791 EUR Thousand in January of 2014. Exports in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Imports at 320254.00 EUR Thousand  
Imports in Cyprus decreased to 320254 EUR Thousand in February of 2014 from 381738 EUR Thousand in January of 2014. Imports in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Industrial Production at -6.62 Percent  
Industrial Production in Cyprus decreased 6.62 percent in January of 2014 over the same month in the previous year. Industrial Production in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
Cyprus Inflation Rate at -2.29 Percent  
The inflation rate in Cyprus was recorded at -2.29 percent in March of 2014. Inflation Rate in Cyprus is reported by the Statistical Service of the Republic of Cyprus.
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