The economy of Cyprus expanded 4.5% year-on-year in the final quarter of 2025, accelerating from a 3.6% growth in the third quarter, flash estimates showed. This was the strongest expansion since the fourth quarter of 2022, supported by solid performance in wholesale and retail trade, repair of motor vehicles, information and communication, and hotels and restaurants. On a quarterly basis, GDP rose by 1.4% in the fourth quarter, the highest growth since the first quarter of 2024, following a 0.9% increase in the previous period. source: Statistical Service of the Republic of Cyprus

The Gross Domestic Product (GDP) in Cyprus expanded 4.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Cyprus averaged 3.32 percent from 1996 until 2025, reaching an all time high of 18.80 percent in the second quarter of 2021 and a record low of -10.40 percent in the second quarter of 2020. This page provides - Cyprus GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The Gross Domestic Product (GDP) in Cyprus expanded 4.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Cyprus is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus GDP Annual Growth Rate is projected to trend around 3.00 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-01 10:00 AM
YoY Final
Q3 3.6% 3.6% 3.6%
2026-02-13 10:00 AM
YoY Flash
Q4 4.5% 3.6% 3.4%
2026-03-02 10:00 AM
YoY Final
Q4 3.6% 4.5%


Related Last Previous Unit Reference
Full Year GDP Growth 3.43 2.61 percent Dec 2024
GDP Growth Rate YoY 4.50 3.60 percent Dec 2025
GDP Constant Prices 7645.90 7580.30 EUR Million Sep 2025
GDP from Agriculture 81.99 81.80 EUR Million Sep 2025
GDP from Construction 366.10 362.63 EUR Million Sep 2025
GDP from Manufacturing 326.25 324.85 EUR Million Sep 2025
GDP from Mining 445.54 444.99 EUR Million Sep 2025
GDP from Public Administration 1212.20 1208.60 EUR Million Sep 2025
GDP from Services 1547.60 1525.10 EUR Million Sep 2025
GDP Growth Rate 1.40 0.90 percent Dec 2025
Gross Fixed Capital Formation 1374.00 1587.50 EUR Million Sep 2025
Gross National Product 29962.81 28341.01 EUR Million Dec 2024


Cyprus GDP Annual 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. Industry accounts for only 10 percent and agriculture for 2 percent. 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.
Actual Previous Highest Lowest Dates Unit Frequency
4.50 3.60 18.80 -10.40 1996 - 2025 percent Quarterly
SA, WDA

News Stream
Cyprus Economy Grows at Fastest Pace in 3 Years
The economy of Cyprus expanded 4.5% year-on-year in the final quarter of 2025, accelerating from a 3.6% growth in the third quarter, flash estimates showed. This was the strongest expansion since the fourth quarter of 2022, supported by solid performance in wholesale and retail trade, repair of motor vehicles, information and communication, and hotels and restaurants. On a quarterly basis, GDP rose by 1.4% in the fourth quarter, the highest growth since the first quarter of 2024, following a 0.9% increase in the previous period.
2026-02-13
Cyprus Q3 GDP Growth Confirmed at 3.6%
The Cyprus economy expanded by 3.6% year-on-year in the third quarter of 2025, confirming flash estimates and the same pace as in the previous three-month period. On the production side, positive contributions came from several sectors, including agriculture, forestry, and fishing (0.8% vs 0.6% in Q2), manufacturing (2.4% vs 1.7%), wholesale and retail trade (6.5% vs 6%), and information and communications (8.4% vs 6.2%). On the expenditure side, growth accelerated for household consumption (5.4% vs 2.8%), while it slowed sharply for government spending (2.5% vs 12.1%). Additionally, gross fixed capital formation declined (-2.6% vs 17.7%) and net trade contributed negatively, as exports rose (6.7% vs 5.5%) less than imports (8% vs 6.8%). On a quarterly basis, the GDP advanced by 0.9% in Q3, following a 0.7% growth in the preceding period.
2025-12-01
Cyprus Q3 GDP Steady at 3.6%
The economy of Cyprus expanded by 3.6% year-on-year in the third quarter of 2025, unchanged from an upwardly revised figure in the previous three-month period, flash estimates showed. The growth was supported by positive contributions from several key sectors, including wholesale and retail trade, repair of motor vehicles, information and communication, as well as hotels and restaurants. On a quarterly basis, the country’s GDP grew by 0.9% in the third quarter of 2025, accelerating from an upwardly revised 0.7% expansion recorded in the preceding quarter.
2025-11-14