In 2023, Cyprus witnessed an increase in its Nominal GDP, rising to 32.23 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 53.030 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Cyprus has Nominal GDP stood at 29.25 billion dollars, while the GDP based on PPP was 49.080 international billion dollars.
The net change in Cyprus's GDP (Nominal) in 2023 increased by 2.98 billion dollars(9.25%), and GDP (PPP) increased by 3.95 international billion dollars(7.45%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | 0.49 | - | - | - | - | - |
| 1976 | 0.58 | 0.09 | 15.52 % | - | - | - |
| 1977 | 0.73 | 0.15 | 20.55 % | - | - | - |
| 1978 | 0.96 | 0.23 | 23.96 % | - | - | - |
| 1979 | 1.29 | 0.33 | 25.58 % | - | - | - |
| 1980 | 2.15 | 0.86 | 40.00 % | - | - | - |
| 1981 | 2.09 | -0.06 | -2.87 % | - | - | - |
| 1982 | 2.16 | 0.07 | 3.24 % | - | - | - |
| 1983 | 2.16 | 0.00 | 0.00 % | - | - | - |
| 1984 | 2.28 | 0.12 | 5.26 % | - | - | - |
| 1985 | 2.43 | 0.15 | 6.17 % | - | - | - |
| 1986 | 3.09 | 0.66 | 21.36 % | - | - | - |
| 1987 | 3.70 | 0.61 | 16.49 % | - | - | - |
| 1988 | 4.28 | 0.58 | 13.55 % | - | - | - |
| 1989 | 4.56 | 0.28 | 6.14 % | - | - | - |
| 1990 | 5.59 | 1.03 | 18.43 % | 7.74 | - | - |
| 1991 | 5.77 | 0.18 | 3.12 % | 8.06 | 0.32 | 3.97 % |
| 1992 | 6.91 | 1.14 | 16.50 % | 9.01 | 0.95 | 10.54 % |
| 1993 | 6.59 | -0.32 | -4.86 % | 9.29 | 0.28 | 3.01 % |
| 1994 | 7.43 | 0.84 | 11.31 % | 10.05 | 0.76 | 7.56 % |
| 1995 | 9.93 | 2.50 | 25.18 % | 11.12 | 1.07 | 9.62 % |
| 1996 | 10.01 | 0.08 | 0.80 % | 11.45 | 0.33 | 2.88 % |
| 1997 | 9.55 | -0.46 | -4.82 % | 11.92 | 0.47 | 3.94 % |
| 1998 | 10.25 | 0.70 | 6.83 % | 12.74 | 0.82 | 6.44 % |
| 1999 | 10.50 | 0.25 | 2.38 % | 13.50 | 0.76 | 5.63 % |
| 2000 | 9.99 | -0.51 | -5.11 % | 14.78 | 1.28 | 8.66 % |
| 2001 | 10.40 | 0.41 | 3.94 % | 16.04 | 1.26 | 7.86 % |
| 2002 | 11.42 | 1.02 | 8.93 % | 17.04 | 1.00 | 5.87 % |
| 2003 | 14.55 | 3.13 | 21.51 % | 17.44 | 0.40 | 2.29 % |
| 2004 | 17.32 | 2.77 | 15.99 % | 18.89 | 1.45 | 7.68 % |
| 2005 | 18.43 | 1.11 | 6.02 % | 20.50 | 1.61 | 7.85 % |
| 2006 | 20.07 | 1.64 | 8.17 % | 22.54 | 2.04 | 9.05 % |
| 2007 | 23.97 | 3.90 | 16.27 % | 25.23 | 2.69 | 10.66 % |
| 2008 | 27.84 | 3.87 | 13.90 % | 27.40 | 2.17 | 7.92 % |
| 2009 | 26.05 | -1.79 | -6.87 % | 27.38 | -0.02 | -0.07 % |
| 2010 | 25.80 | -0.25 | -0.97 % | 27.79 | 0.41 | 1.48 % |
| 2011 | 27.64 | 1.84 | 6.66 % | 28.42 | 0.63 | 2.22 % |
| 2012 | 25.05 | -2.59 | -10.34 % | 27.58 | -0.84 | -3.05 % |
| 2013 | 23.96 | -1.09 | -4.55 % | 26.25 | -1.33 | -5.07 % |
| 2014 | 23.23 | -0.73 | -3.14 % | 25.72 | -0.53 | -2.06 % |
| 2015 | 19.91 | -3.32 | -16.68 % | 27.06 | 1.34 | 4.95 % |
| 2016 | 21.05 | 1.14 | 5.42 % | 30.55 | 3.49 | 11.42 % |
| 2017 | 22.95 | 1.90 | 8.28 % | 33.02 | 2.47 | 7.48 % |
| 2018 | 25.60 | 2.65 | 10.35 % | 35.39 | 2.37 | 6.70 % |
| 2019 | 25.95 | 0.35 | 1.35 % | 39.41 | 4.02 | 10.20 % |
| 2020 | 25.23 | -0.72 | -2.85 % | 38.17 | -1.24 | -3.25 % |
| 2021 | 29.48 | 4.25 | 14.42 % | 43.64 | 5.47 | 12.53 % |
| 2022 | 29.25 | -0.23 | -0.79 % | 49.08 | 5.44 | 11.08 % |
| 2023 | 32.23 | 2.98 | 9.25 % | 53.03 | 3.95 | 7.45 % |