Main UN Trade and Development (UNCTAD) website
English

General profile: Cyprus

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
1.358 Millions
0.923 EUR/US$
36 296 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 9 240 km²
..
3.73 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-12.0 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
1 465
1 402
3 295
4 418
Merchandise imports
6 316
8 569
7 023
13 325
Merchandise trade balance
-4 851
-7 167
-3 728
-8 907
Export structure by product group in 2024
(as % of total exports)
3 %3 %43 %43 %39 %39 %15 %15 %
Top 5 partners in 2024
(exports, millions of US$)
851350342221132851350342221132
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
7 177
9 426
10 747
31 059
Services imports
3 425
5 355
6 603
22 042
Services trade balance
3 752
4 070
4 144
9 018
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
(e) 25.8
34.7
28.0
17.3
Travel
(e) 38.6
23.0
23.5
12.4
Other services
(e) 35.6
42.0
48.4
69.8
TRADE INDICES
More data on UNCTADstat
80918384788912692931007648424338364039438283858689981009798100102102105110113112123118122
ECONOMIC TRENDS
More data on UNCTADstat
+3.7 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
18 967
25 800
19 909
36 296
GDP per capita, current US$
..
..
..
..
Real GDP growth, y-on-y, %
4.85
2.28
3.42
3.73
Current account balance, % of GDP
-5.12
-10.76
-0.24
-8.40
Exchange rate (/US$)
0.793
0.754
0.901
0.923
GDP by expenditure in 2023
(as % of total GDP)
59.718.620.597.095.859.718.620.597.095.8
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
-1.6 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
11 090.51
33 429.65
21 931.78
7 386.46
FDI outflows
11 016.95
33 871.86
33 522.86
-564.80
Personal remittances, % of GDP
..
3.34
1.58
1.82
Financial flows trends
(millions of US$)
660.7621.7524.6628.0567.6535.5521.2464.5386.9313.7323.1431.0601.1740.5861.7593.47 3864 0935 55813 544-83 284120 03353 86217 5505 73721 93249 52922 46663 50236 62333 4300.00012 24723 23816 72611 0918 5958911 039929838FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
-2.57
-11.27
1.74
0.95
Balance, % of imports
-5.30
-19.23
2.58
1.02
Normalized balance
-0.027
-0.106
0.013
0.005
Trade openness²
(sum of imports and exports as % of GDP)
187191197174158149146147138136129119109108106100111989395
LIVING AREA
Population by living area in 2024
(% of population)
Urban 67%Urban 67%Rural 33%Rural 33%
OTHER INDICATORS
More data on UNCTADstat
1.300 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
34 180
31 305
33 131
30 694
Container port throughput (TEU)
..
349 163
308 639
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
23.96
1.48
3.55
2.17
Share of ICT goods, % of total imports
10.59
3.86
3.80
3.74
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025