Cyprus GDP Growth Rate  1995-2017 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Cyprus expanded 0.90 percent in the second quarter of 2017 over the previous quarter. GDP Growth Rate in Cyprus averaged 0.53 percent from 1995 until 2017, reaching an all time high of 2.50 percent in the third quarter of 2001 and a record low of -2 percent in the second quarter of 2013.

Cyprus GDP Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-09 09:00 AM GDP Growth Rate QoQ Final 0.6% 0.7% 0.7%
2017-08-14 09:00 AM GDP Growth Rate QoQ Flash 0.9% 1.0% 0.6%
2017-09-08 09:15 AM GDP Growth Rate QoQ Final 0.9% 1% 0.9% 0.9%
2017-11-14 10:00 AM GDP Growth Rate QoQ Flash 0.9% 0.5%
2017-12-08 10:00 AM GDP Growth Rate QoQ Final 0.9% 0.5%


Cyprus GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.90 1.00 2.50 -2.00 percent [+]
GDP Annual Growth Rate 3.50 3.70 6.50 -6.90 percent [+]
GDP 19.80 19.56 27.84 0.49 USD Billion [+]
GDP Constant Prices 4071.90 4036.00 4241.50 2543.70 EUR Million [+]
Gross National Product 17420.60 16896.00 18054.50 6924.70 EUR Million [+]
Gross Fixed Capital Formation 704.00 834.11 1407.00 -6064.00 EUR Million [+]
GDP per capita 28325.44 27587.28 32651.91 7618.12 USD [+]
GDP per capita PPP 31195.51 30382.56 35960.35 22873.17 USD [+]
GDP From Agriculture 69.70 68.50 117.30 47.30 EUR Million [+]
GDP From Construction 177.60 182.00 408.40 133.70 EUR Million [+]
GDP From Manufacturing 184.12 187.54 260.70 155.17 EUR Million [+]
GDP From Mining 258.20 263.60 341.70 231.70 EUR Million [+]
GDP From Public Administration 358.70 354.00 358.70 161.27 EUR Million [+]
GDP From Services 926.03 917.86 967.08 578.96 EUR Million [+]


Cyprus GDP Growth Rate

Services including tourism, financial services, and real estate are considered as the backbone of the Cyprus economy, accounting for nearly 80 percent of GDP. On the expenditure side, household consumption is the main component of GDP and accounts for 70 percent of its total use, followed by government expenditure (16 percent) and gross fixed capital formation (11 percent). Exports of goods and services account for 55 percent of GDP while imports account for 53 percent, adding 2 percent of total GDP. This page provides - Cyprus GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.90 1.00 2.50 -2.00 1995 - 2017 percent Quarterly
SA, WDA




gdp growth rate by Country

Last
Indonesia 4.00 Jun/17
United States 3.10 Jun/17
Turkey 2.10 Jun/17
China 1.70 Jun/17
Netherlands 1.50 Jun/17
India 1.40 Jun/17
Canada 1.10 Jun/17
Russia 1.08 Jun/17
Spain 0.90 Jun/17
Australia 0.80 Jun/17
Euro Area 0.60 Jun/17
Germany 0.60 Jun/17
Japan 0.60 Jun/17
Mexico 0.60 Jun/17
South Korea 0.60 Jun/17
France 0.50 Jun/17
Italy 0.40 Jun/17
Switzerland 0.30 Jun/17
United Kingdom 0.30 Jun/17
Brazil 0.20 Jun/17