Cyprus 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$22.95 billion
↑ 9.03% vs 2016GDP per Capita
$26,696.99
↑ 8.02% vs 2016GDP Growth (Annual %)
5.75%
↓ 0.82pp vs 2016Inflation Rate (CPI %)
0.53%
↑ 1.96pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $21.05 billion | $22.95 billion | +9.03% |
| GDP per Capita | $24,715.15 | $26,696.99 | +8.02% |
| GDP Growth (Annual %) | 6.57% | 5.75% | -0.82pp |
| Inflation (CPI %) | -1.43% | 0.53% | +1.96pp |
| Unemployment Rate (%) | 13.01% | 11.16% | -1.85pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $22.95 billion
- GDP per Capita
- $26,696.99
- GDP Growth (Annual %)
- 5.75%
- Gross National Income
- $22.25 billion
Prices & Employment
- Inflation (CPI %)
- 0.53%
- Inflation (GDP Deflator %)
- 1.02%
- Unemployment Rate (%)
- 11.16%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.91%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Cyprus's Gross Domestic Product (GDP) is $22.95 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cyprus for 2017 is $26,696.99. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Cyprus for 2017 is 0.53%. This measures the annual percentage change in the cost of consumer goods and services.
Cyprus's annual GDP growth rate for 2017 is 5.75%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cyprus for 2017 is 11.16%. This represents the percentage of the labor force that is unemployed and actively seeking employment.