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Cyprus Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Cyprus's trade openness was 206.89% in 2025, ranked 10th globally. This represents a 8.7% increase from 2024. Data from World Bank, covering 1975–2025.

206.89% +16.49% (+8.7%)
Year 2025 Rank #10 Global Peak 206.89% (2025) Source World Bank

Cyprus Trade Openness (1975–2025)

Overview

Cyprus's trade openness stood at 206.89% in 2025, a rise of +16.49% from 2024. Based on recent trends, this figure is projected to reach 206.89% by 2025. Cyprus ranked 10th globally.

Cyprus has experienced a significant increase in trade openness over the past five decades, with the country's trade openness index reaching its highest value of 206.89 in 2025. This represents a substantial growth from the 1975 trough of 92.18, indicating a notable expansion in the country's trade activities. Compared to its peer countries, Cyprus ranks tenth globally in terms of trade openness, with the United Arab Emirates ranking higher at 212.52. The upward trend in Cyprus' trade openness is consistent with the country's efforts to diversify its economy and increase its integration into the global market. A continued liberalization of trade policies and investment in infrastructure could further enhance Cyprus' trade openness, potentially propelling the country to an even higher rank. However, any significant changes in global trade policies or the country's economic environment could alter this trajectory.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 221.57% - -
2026* trend 214.23% - -
2025* trend 206.89% - -
2025 206.89% +16.49% #10
2024 190.40% −0.34% #153
2023 190.74% −15.01% #164
2022 205.75% +28.93% #174
2021 176.83% +16.16% #168
2020 160.67% +10.16% #172
2019 150.51% +2.88% #162
2018 147.62% −0.39% #165
2017 148.01% +8.99% #166
2016 139.02% +1.75% #160
2015 137.28% +6.43% #158
2014 130.84% +9.92% #151
2013 120.93% +8.58% #142
2012 112.34% +1.73% #133
2011 110.62% +1.72% #132
Show all years (1975-2025)
* Linear trend extrapolation

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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cyprus's trade openness?▾

Cyprus's trade openness was 206.89% in 2025. Ranked 10th globally. This represents a 8.7% increase from the previous year.

What was the highest trade openness in Cyprus?▾

Cyprus's trade openness peaked at 206.89% in 2025.

What was the lowest trade openness in Cyprus?▾

The lowest trade openness in Cyprus was 92.18% in 1975.

How does Cyprus rank in trade openness?▾

Cyprus ranks 10th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Cyprus in 2025?▾

Cyprus's trade openness is projected to reach 206.89% by 2025 based on trend extrapolation.

What is the trade openness of Cyprus in 2025?▾

The trade openness of Cyprus in 2025 was 206.89%. This ranks 10th in the world.

Cite this page

APA
Cyprus Trade Openness. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/cyprus/trade-openness/
BibTeX
@misc{historysaid_cyprus_trade-openness, title = {Cyprus Trade Openness}, url = {https://historysaid.com/cyprus/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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