Cyprus 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$25.56 billion
↓ 2.45% vs 2019GDP per Capita
$28,649.02
↓ 3.55% vs 2019GDP Growth (Annual %)
-3.22%
↓ 9.10pp vs 2019Inflation Rate (CPI %)
-0.64%
↓ 0.89pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $26.20 billion | $25.56 billion | -2.45% |
| GDP per Capita | $29,703.05 | $28,649.02 | -3.55% |
| GDP Growth (Annual %) | 5.88% | -3.22% | -9.10pp |
| Inflation (CPI %) | 0.25% | -0.64% | -0.89pp |
| Unemployment Rate (%) | 7.16% | 7.76% | +0.60pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $25.56 billion
- GDP per Capita
- $28,649.02
- GDP Growth (Annual %)
- -3.22%
- Gross National Income
- $23.84 billion
Prices & Employment
- Inflation (CPI %)
- -0.64%
- Inflation (GDP Deflator %)
- -1.21%
- Unemployment Rate (%)
- 7.76%
- 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)
- -9.71%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Cyprus's Gross Domestic Product (GDP) is $25.56 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cyprus for 2020 is $28,649.02. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Cyprus for 2020 is -0.64%. This measures the annual percentage change in the cost of consumer goods and services.
Cyprus's annual GDP growth rate for 2020 is -3.22%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cyprus for 2020 is 7.76%. This represents the percentage of the labor force that is unemployed and actively seeking employment.