Cyprus GDP Growth Rate  2001-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Cyprus expanded 0.90 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Cyprus averaged 0.32 percent from 2001 until 2016, reaching an all time high of 2 percent in the first quarter of 2007 and a record low of -2.10 percent in the first quarter of 2013. GDP Growth Rate in Cyprus is reported by the Statistical Service of the Republic of Cyprus.

Cyprus GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.90 0.40 2.00 -2.10 2001 - 2016 percent Quarterly
SA, WDA
Services including tourism, financial services, and real estate are considered as the backbone of the Cyprus economy, accounting for nearly 80 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by government expenditure (16 percent) and gross fixed capital formation (11 percent). Exports of goods and services account for 55 percent of GDP while imports account for 53 percent, adding 2 percent of total GDP. This page provides - Cyprus GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-10 10:00 AM Q4 0.4% 0.4% 0.4% 0.4%
2016-05-13 09:00 AM Q1 0.9% 0.4% 0.5%
2016-06-09 09:00 AM Q1 0.9% 0.5% 0.9% 0.9%
2016-08-12 09:00 AM Q2 0.9% 0.93%
2016-09-08 09:00 AM Q2 0.9%
2016-11-15 10:00 AM Q3 0.88%

Cyprus GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 0.40 2.00 -2.10 percent [+]
GDP Annual Growth Rate 2.70 2.80 5.50 -6.50 percent [+]
GDP 19.32 23.23 27.49 0.49 USD Billion [+]
GDP Constant Prices 3858.40 3819.00 4205.80 2522.30 EUR Million [+]
Gross National Product 17420.60 16896.00 18054.50 6924.70 EUR Million [+]
Gross Fixed Capital Formation 237.00 497.40 1407.00 -6064.00 EUR Million [+]
GDP per capita 27377.20 26603.35 32319.40 7726.05 USD [+]
GDP per capita PPP 30309.63 29452.89 35781.20 23319.14 USD [+]
GDP From Agriculture 73.60 76.50 101.80 48.20 EUR Million [+]
GDP From Construction 122.00 110.90 408.60 102.30 EUR Million [+]
GDP From Manufacturing 191.10 186.46 262.85 179.38 EUR Million [+]
GDP From Mining 282.50 276.80 350.30 267.50 EUR Million [+]
GDP From Public Administration 312.70 309.87 312.70 135.41 EUR Million [+]
GDP From Services 1024.30 1011.30 1107.40 602.37 EUR Million [+]




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India 2.10 Mar/16
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China 1.80 Jun/16
Mozambique 1.80 Mar/16
Moldova 1.70 Mar/16
Serbia 1.60 Mar/16
El Salvador 1.55 Dec/15
Romania 1.50 Mar/16
Tanzania 1.50 Sep/10
Bolivia 1.30 Dec/15
Bosnia and Herzegovina 1.30 Mar/16
Chile 1.30 Mar/16
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Albania 1.20 Mar/16
United States 1.20 Jun/16
Australia 1.10 Mar/16
Ghana 1.10 Mar/16
Philippines 1.10 Mar/16
Malaysia 1.00 Mar/16
Norway 1.00 Mar/16
Bahrain 0.90 Mar/16
Cyprus 0.90 Mar/16
Mauritius 0.90 Mar/16
Thailand 0.90 Mar/16
Paraguay 0.80 Mar/16
Singapore 0.80 Jun/16
Turkey 0.80 Mar/16
Bulgaria 0.70 Mar/16
Costa Rica 0.70 Dec/15
Denmark 0.70 Mar/16
Germany 0.70 Mar/16
Luxembourg 0.70 Mar/16
New Zealand 0.70 Mar/16
Slovakia 0.70 Mar/16
South Korea 0.70 Jun/16
Spain 0.70 Jun/16
Canada 0.60 Mar/16
Croatia 0.60 Apr/16
Finland 0.60 Mar/16
United Kingdom 0.60 Jun/16
Belgium 0.50 Jun/16
Japan 0.50 Mar/16
Netherlands 0.50 Mar/16
Slovenia 0.50 Mar/16
Czech Republic 0.40 Mar/16
European Union 0.40 Jun/16
Israel 0.40 Mar/16
Latvia 0.40 Jun/16
Tunisia 0.40 Mar/16
Austria 0.30 Jun/16
Euro Area 0.30 Jun/16
Italy 0.30 Mar/16
Malta 0.30 Mar/16
Sweden 0.30 Jun/16
Colombia 0.20 Mar/16
Portugal 0.20 Mar/16
Taiwan 0.15 Jun/16
Jamaica 0.10 Dec/15
Lithuania 0.10 Jun/16
Switzerland 0.10 Mar/16
Uruguay 0.10 Mar/16
Cameroon 0.05 Dec/15
Estonia 0.00 Mar/16
France 0.00 Jun/16
Peru 0.00 Mar/16
Poland -0.10 Mar/16
Belize -0.25 Dec/15
Brazil -0.30 Mar/16
Mexico -0.30 Jun/16
Indonesia -0.34 Mar/16
Hong Kong -0.40 Mar/16
Greece -0.50 Mar/16
Iceland -0.50 Mar/16
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Trinidad And Tobago -0.60 Dec/15
Argentina -0.70 Mar/16
Ukraine -0.70 Mar/16
Hungary -0.80 Mar/16
South Africa -1.20 Mar/16
Uganda -1.30 Mar/16
Kenya -1.40 Mar/16
Namibia -1.60 Mar/16
Ecuador -1.90 Mar/16
Ireland -2.10 Mar/16
Nigeria -13.70 Mar/16
Senegal -14.10 Mar/16