Cyprus Inflation Rate
Consumer price inflation, annual % FP.CPI.TOTL.ZG
Cyprus's inflation rate was 0.72% in 2025, ranked 172nd globally. This represents a 60.1% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Cyprus's inflation rate stood at 0.72% in 2025, a decline of +1.08pp from 2024. The IMF projects 0.72% by 2025. Cyprus ranked 172nd globally.
Cyprus' inflation rate has demonstrated a relatively stable trend over the past 66 years, with a slight fluctuation in recent years. The country's all-time peak of 16.18% occurred in 1974, while it experienced its lowest point at -2.10% in 2015, showcasing its capacity to navigate through periods of economic turmoil. The latest available data from the World Bank indicates that Cyprus' inflation rate stands at 0.72% as of 2025, ranking it at #172 globally. This rate is lower than that of Aruba, which ranks #156 with a rate of 0.77%. The country's current inflation rate is also significantly lower than its historical peak, suggesting a stable economic environment. However, a significant shift in global economic conditions or a change in monetary policy could potentially alter the trajectory of Cyprus' inflation rate, making it essential for policymakers to remain vigilant in their economic management strategies.
Data & projection
| Year | Inflation Rate | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 2.00% | - | - |
| 2029* IMF | 2.00% | - | - |
| 2028* IMF | 2.00% | - | - |
| 2027* IMF | 2.00% | - | - |
| 2026* IMF | 1.32% | - | - |
| 2025* IMF | 0.72% | - | - |
| 2025 | 0.72% | −1.08pp | #172 |
| 2024 | 1.80% | −2.13pp | #52 |
| 2023 | 3.54% | −4.56pp | #46 |
| 2022 | 8.40% | +6.13pp | #110 |
| 2021 | 2.45% | +3.55pp | #70 |
| 2020 | -0.64% | −1.19pp | #20 |
| 2019 | 0.25% | −0.54pp | #21 |
| 2018 | 1.44% | +0.76pp | #56 |
| 2017 | 0.53% | +1.75pp | #22 |
| 2016 | -1.43% | +0.12pp | #8 |
| 2015 | -2.10% | −1.84pp | #6 |
| 2014 | -1.35% | −1.74pp | #3 |
| 2013 | -0.40% | −3.50pp | #8 |
| 2012 | 2.39% | −1.10pp | #49 |
| 2011 | 3.29% | +0.73pp | #56 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →
Headline 2 directly indicates that aviation fuel inflation and ECB rates are influencing Cyprus's tourism sector, potentially impacting services inflation. Headline 3 highlights global raw material price movements, such as resins, which can
Frequently Asked Questions
Cyprus's inflation rate was 0.72% in 2025. Ranked 172nd globally. This represents a 60.1% decrease from the previous year.
Cyprus's inflation rate peaked at 16.18% in 1974.
The lowest inflation rate in Cyprus was -2.10% in 2015.
Cyprus ranks 172nd globally in inflation rate as of 2025.
The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.
Cyprus's inflation rate is projected to reach 0.72% by 2025 based on IMF projection.
The inflation rate of Cyprus in 2025 was 0.72%. This ranks 172nd in the world.
Cite this page
@misc{historysaid_cyprus_inflation-rate,
title = {Cyprus Inflation Rate},
url = {https://historysaid.com/cyprus/inflation-rate/},
publisher = {HistorySaid},
year = {2026}
}