Cyprus 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$30.37 billion
↑ 18.85% vs 2020GDP per Capita
$33,734.29
↑ 17.75% vs 2020GDP Growth (Annual %)
11.39%
↑ 14.61pp vs 2020Inflation Rate (CPI %)
2.45%
↑ 3.08pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $25.56 billion | $30.37 billion | +18.85% |
| GDP per Capita | $28,649.02 | $33,734.29 | +17.75% |
| GDP Growth (Annual %) | -3.22% | 11.39% | +14.61pp |
| Inflation (CPI %) | -0.64% | 2.45% | +3.08pp |
| Unemployment Rate (%) | 7.76% | 7.51% | -0.24pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $30.37 billion
- GDP per Capita
- $33,734.29
- GDP Growth (Annual %)
- 11.39%
- Gross National Income
- $27.68 billion
Prices & Employment
- Inflation (CPI %)
- 2.45%
- Inflation (GDP Deflator %)
- 3.04%
- Unemployment Rate (%)
- 7.51%
- 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)
- -5.45%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Cyprus's Gross Domestic Product (GDP) is $30.37 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Cyprus for 2021 is $33,734.29. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Cyprus for 2021 is 2.45%. This measures the annual percentage change in the cost of consumer goods and services.
Cyprus's annual GDP growth rate for 2021 is 11.39%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Cyprus for 2021 is 7.51%. This represents the percentage of the labor force that is unemployed and actively seeking employment.