cy Cyprus 2018

Detailed economic analysis and indicators for 2018

Year 2018

Key Economic Indicators (2018)

GDP (Current USD)

$25.75 billion

↑ 12.23% vs 2017
GDP per Capita

$29,599.99

↑ 10.87% vs 2017
GDP Growth (Annual %)

6.27%

↑ 0.52pp vs 2017
Inflation Rate (CPI %)

1.44%

↑ 0.90pp vs 2017

Year-over-Year Comparison

Indicator 2017 2018 Change
GDP (Current USD) $22.95 billion $25.75 billion +12.23%
GDP per Capita $26,696.99 $29,599.99 +10.87%
GDP Growth (Annual %) 5.75% 6.27% +0.52pp
Inflation (CPI %) 0.53% 1.44% +0.90pp
Unemployment Rate (%) 11.16% 8.50% -2.65pp

All Economic Indicators (2018)

National Accounts
GDP (Current USD)
$25.75 billion
GDP per Capita
$29,599.99
GDP Growth (Annual %)
6.27%
Gross National Income
$24.82 billion
Prices & Employment
Inflation (CPI %)
1.44%
Inflation (GDP Deflator %)
1.03%
Unemployment Rate (%)
8.50%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-3.74%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2018, Cyprus's Gross Domestic Product (GDP) is $25.75 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Cyprus for 2018 is $29,599.99. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Cyprus for 2018 is 1.44%. This measures the annual percentage change in the cost of consumer goods and services.

Cyprus's annual GDP growth rate for 2018 is 6.27%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Cyprus for 2018 is 8.50%. This represents the percentage of the labor force that is unemployed and actively seeking employment.