Gross value added at basic prices (GVA) in Cyprus

Cyprus: Gross value added at basic prices (GVA) was 36.74 billion current US$ in 2025. ▲ Rising

Latest (2025)
36.74 billion current US$
Change on year
up 10.0%
World rank
103rd
of 206 countries
All-time high
36.74 billion current US$
in 2025
All-time low
8.81 billion current US$
in 1997
Years of data
31
1995–2025

Gross value added at basic prices (GVA) in Cyprus, 1995–2025

10.0B20.0B30.0B40.0B1995201020251995: 9.1B current US$1996: 9.2B current US$1997: 8.8B current US$1998: 9.5B current US$1999: 9.7B current US$2000: 9.1B current US$2001: 9.4B current US$2002: 10.3B current US$2003: 12.9B current US$2004: 15.2B current US$2005: 16.1B current US$2006: 17.5B current US$2007: 20.7B current US$2008: 24.1B current US$2009: 22.9B current US$2010: 22.7B current US$2011: 24.6B current US$2012: 22.2B current US$2013: 21.3B current US$2014: 20.4B current US$2015: 17.4B current US$2016: 18.4B current US$2017: 20.0B current US$2018: 22.5B current US$2019: 23.0B current US$2020: 22.8B current US$2021: 27.0B current US$2022: 27.7B current US$2023: 31.1B current US$2024: 33.4B current US$2025: 36.7B current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Cyprus is 36.74 billion current US$, measured in 2025. That is the highest value across all 31 years on record.

That represents a change of up 10.0% on the previous year and up 110.7% over ten years.

Over the whole period, gross value added at basic prices (gva) in Cyprus peaked at 36.74 billion current US$ in 2025 and was at its lowest, 8.81 billion current US$, in 1997.

Cyprus ranks 103rd of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.26 billion current US$ 8.81 billion current US$ 9.72 billion current US$ 5
2000s 15.83 billion current US$ 9.10 billion current US$ 24.14 billion current US$ 10
2010s 21.26 billion current US$ 17.44 billion current US$ 24.57 billion current US$ 10
2020s 29.79 billion current US$ 22.80 billion current US$ 36.74 billion current US$ 6

Countries ranked near Cyprus

  1. 100 Latvia 42.27 billion current US$ compare
  2. 101 Estonia 41.01 billion current US$ compare
  3. 102 Nepal 40.02 billion current US$ compare
  4. 104 Honduras 35.86 billion current US$ compare
  5. 105 Iceland 34.70 billion current US$ compare
  6. 106 Georgia 33.46 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross value added at basic prices (gva) in Cyprus?
Gross value added at basic prices (gva) in Cyprus was 36.74 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Cyprus?
The highest recorded value was 36.74 billion current US$ in 2025.
What is the lowest gross value added at basic prices (gva) recorded in Cyprus?
The lowest recorded value was 8.81 billion current US$ in 1997.
How does Cyprus rank for gross value added at basic prices (gva)?
Cyprus ranks 103rd out of 206 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Cyprus?
Over the last ten years it is up 110.7%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.