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Cyprus GDP per Capita

GDP divided by midyear population  NY.GDP.PCAP.CD

Cyprus's gdp per capita was $42,413 in 2025, ranked 30th globally. This represents a 9.7% increase from 2024. Data from World Bank, covering 1975–2025.

$42,413 +$3,739 (+9.7%)
Year 2025 Rank #30 Global Peak $42,413 (2025) Source World Bank

Cyprus GDP per Capita (1975–2025)

Overview

Cyprus's gdp per capita stood at $42,413 in 2025, a rise of +$3,739 from 2024. The IMF projects $42,413 by 2025. Cyprus ranked 30th globally.

Cyprus's GDP per capita has experienced a significant increase over the past five decades, rising from a mere 976.33 in 1975 to a peak of 42,412.82 in 2025. This growth represents an impressive expansion of the country's economic output per capita, with Cyprus now ranking 30th globally in terms of GDP per capita. In comparison, Italy, a peer country, has a slightly higher GDP per capita of 43,161.20. The growth in Cyprus's GDP per capita has been steady, but with periods of accelerated expansion, particularly in the early 2000s. The country's economy has diversified over the years, with a growing services sector contributing to its increasing prosperity. However, the ongoing COVID-19 pandemic and its aftermath may have impacted the country's economic trajectory, and a future shift in global economic trends or regional conflicts could alter the trajectory of Cyprus's GDP per capita growth.

Data & projection

Year GDP per Capita YoY change Rank
2030* IMF $54,509 - -
2029* IMF $52,058 - -
2028* IMF $49,707 - -
2027* IMF $47,453 - -
2026* IMF $45,601 - -
2025* IMF $42,413 - -
2025 $42,413 +$3,739 #30
2024 $38,674 +$2,069 #38
2023 $36,624 +$2,403 #40
2022 $33,231 −$689 #49
2021 $32,938 +$4,642 #44
2020 $28,130 −$1,301 #45
2019 $29,227 −$99 #52
2018 $29,120 +$2,751 #52
2017 $26,247 +$1,888 #52
2016 $24,280 +$1,150 #51
2015 $23,088 −$3,924 #53
2014 $26,993 −$775 #51
2013 $27,765 −$1,311 #48
2012 $28,992 −$3,919 #43
2011 $32,486 +$964 #42
Show all years (1975-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.5% GDP growth 5.9% C/A balance 1.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cyprus's gdp per capita?▾

Cyprus's gdp per capita was $42,413 in 2025. Ranked 30th globally. This represents a 9.7% increase from the previous year.

What was the highest gdp per capita in Cyprus?▾

Cyprus's gdp per capita peaked at $42,413 in 2025.

What was the lowest gdp per capita in Cyprus?▾

The lowest gdp per capita in Cyprus was $976 in 1975.

How does Cyprus rank in gdp per capita?▾

Cyprus ranks 30th globally in gdp per capita as of 2025.

What is the World Bank indicator code for gdp per capita?▾

The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.

What is the projected gdp per capita of Cyprus in 2025?▾

Cyprus's gdp per capita is projected to reach $42,413 by 2025 based on IMF projection.

What is the gdp per capita of Cyprus in 2025?▾

The gdp per capita of Cyprus in 2025 was $42,413. This ranks 30th in the world.

Cite this page

APA
Cyprus GDP per Capita. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/cyprus/gdp-per-capita/
BibTeX
@misc{historysaid_cyprus_gdp-per-capita, title = {Cyprus GDP per Capita}, url = {https://historysaid.com/cyprus/gdp-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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