The economy of Cyprus expanded 4.5% year-on-year in the fourth quarter of 2025, up from 3.6% in the previous period, confirming preliminary estimates. This marks the strongest economic expansion since Q4 2022, mainly driven by wholesale and retail trade, repair of motor vehicles, information and communication, and hotels and restaurants (+7.2%). Construction also recorded strong growth, rising 9.2%, while manufacturing increased by 4.7%. On the expenditure side, final consumption expenditure rose by 4.0%, supported by a 6.4% increase in government spending, while household consumption grew by 3.3%. Net trade also contributed positively, as exports of goods and services increased by 4.4%, while imports rose by 2.7%. Meanwhile, fixed investments declined by 15.2%. On a quarterly basis, GDP grew by 1.4%, the fastest pace since Q1 2024, accelerating from 0.9% in Q3. For the whole year, GDP expanded by 3.8%. 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
2026-02-13 10:00 AM
YoY Flash
Q4 4.5% 3.6% 3.4%
2026-03-02 10:00 AM
YoY Final
Q4 4.5% 3.6% 4.5%
2026-05-13 09:00 AM
YoY Flash
Q1 4.5% 3.2%


Related Last Previous Unit Reference
Full Year GDP Growth 3.80 3.43 percent Dec 2025
GDP Growth Rate YoY 4.50 3.60 percent Dec 2025
GDP Constant Prices 7761.20 7656.10 EUR Million Dec 2025
GDP from Agriculture 82.41 82.04 EUR Million Dec 2025
GDP from Construction 384.10 371.50 EUR Million Dec 2025
GDP from Manufacturing 333.56 328.61 EUR Million Dec 2025
GDP from Mining 455.93 448.24 EUR Million Dec 2025
GDP from Public Administration 1213.30 1211.60 EUR Million Dec 2025
GDP from Services 1580.90 1549.80 EUR Million Dec 2025
GDP Growth Rate 1.40 0.90 percent Dec 2025
Gross Fixed Capital Formation 1566.90 1384.20 EUR Million Dec 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 GDP Expands Most in 3 Years
The economy of Cyprus expanded 4.5% year-on-year in the fourth quarter of 2025, up from 3.6% in the previous period, confirming preliminary estimates. This marks the strongest economic expansion since Q4 2022, mainly driven by wholesale and retail trade, repair of motor vehicles, information and communication, and hotels and restaurants (+7.2%). Construction also recorded strong growth, rising 9.2%, while manufacturing increased by 4.7%. On the expenditure side, final consumption expenditure rose by 4.0%, supported by a 6.4% increase in government spending, while household consumption grew by 3.3%. Net trade also contributed positively, as exports of goods and services increased by 4.4%, while imports rose by 2.7%. Meanwhile, fixed investments declined by 15.2%. On a quarterly basis, GDP grew by 1.4%, the fastest pace since Q1 2024, accelerating from 0.9% in Q3. For the whole year, GDP expanded by 3.8%.
2026-03-02
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