Cyprus - GDP per capita (current US$) 1975 - 2022
Cyprus's gdp per capita (current us$) is currently $31,283.51 USD (United States dollar) according to the most recent World Bank data for the country (2022).
Definition
GDP per capita is determined by dividing the gross domestic product by the population at midyear. GDP represents the total value generated by resident producers within the economy, inclusive of product taxes and excluding subsidies not factored into product value. This calculation does not consider deductions for asset depreciation, depletion, or degradation of natural resources. The data is presented in current U.S. dollars.- Cyprus's gdp per capita (current us$) for 2022 was $31,283.51, a -0.85% increase from 2021, with a -$269 difference.
- In 2021 it was $31,552.04, a 12.54% increase from 2020, with a +$3,516 difference.
- In 2020 it was $28,035.98, a -4.70% increase from 2019.
- In 2019 it was $29,417.92, a -0.01% increase from 2018.
- In 2018 it was $29,419.89, a 10.20% increase from 2017.
Measure: Estimated Value
Average, Lowest, and Highest Recorded Values
The average gdp per capita (current us$), value for Cyprus is currently $16,691.06 (average of years with recorded data) with a lowest recorded value of $976.33 in 1975 and a highest value of $35,397.36 in 2008.For comparison, the world wide [World Bank] aggregate for 1975 was $1,468.78 and in 2008 it was $9,429.27. Essentially, in 1975, Cyprus contributed 66.47% to the world wide aggregate. While in 2008 it contributed 375.40% to the aggregate, recording a 464.75% increase in amounts contributed within the 33-year period. Nonetheless, the country recorded a 3,525.54% increase in gdp per capita (current us$) within the same period.
Similarly, from 1975 (when the lowest value was recorded) to 2022, Cyprus recorded a 3,104.18% increase in gdp per capita (current us$). The world aggregate recorded a 761.09% growth in the same period.
Cyprus's GDP per capita (current US$) - Historical Data
| Year | GDP per capita (current US$) | Average Growth Rate (%) |
|---|---|---|
| 1975 | $976.33 | |
| 1976 | $1,157.41 | 18.55% |
| 1977 | $1,476.27 | 27.55% |
| 1978 | $1,929.40 | 30.69% |
| 1979 | $2,559.26 | 32.65% |
| 1980 | $4,232.02 | 65.36% |
| 1981 | $4,033.24 | -4.70% |
| 1982 | $4,122.78 | 2.22% |
| 1983 | $4,091.05 | -0.77% |
| 1984 | $4,258.74 | 4.10% |
| 1985 | $4,488.29 | 5.39% |
| 1986 | $5,642.63 | 25.72% |
| 1987 | $6,690.58 | 18.57% |
| 1988 | $7,645.63 | 14.27% |
| 1989 | $8,038.91 | 5.14% |
| 1990 | $9,641.58 | 19.94% |
| 1991 | $9,696.10 | 0.57% |
| 1992 | $11,310.07 | 16.65% |
| 1993 | $10,526.14 | -6.93% |
| 1994 | $11,617.69 | 10.37% |
| 1995 | $15,261.41 | 31.36% |
| 1996 | $15,139.23 | -0.80% |
| 1997 | $14,234.24 | -5.98% |
| 1998 | $15,092.83 | 6.03% |
| 1999 | $15,287.92 | 1.29% |
| 2000 | $14,388.35 | -5.88% |
| 2001 | $14,821.45 | 3.01% |
| 2002 | $16,093.21 | 8.58% |
| 2003 | $20,252.24 | 25.84% |
| 2004 | $23,792.62 | 17.48% |
| 2005 | $24,959.26 | 4.90% |
| 2006 | $26,729.32 | 7.09% |
| 2007 | $31,244.93 | 16.89% |
| 2008 | $35,397.36 | 13.29% |
| 2009 | $32,109.24 | -9.29% |
| 2010 | $31,105.03 | -3.13% |
| 2011 | $32,485.80 | 4.44% |
| 2012 | $28,991.93 | -10.76% |
| 2013 | $27,797.45 | -4.12% |
| 2014 | $27,244.34 | -1.99% |
| 2015 | $23,487.22 | -13.79% |
| 2016 | $24,715.14 | 5.23% |
| 2017 | $26,697.01 | 8.02% |
| 2018 | $29,419.89 | 10.20% |
| 2019 | $29,417.92 | -0.01% |
| 2020 | $28,035.98 | -4.70% |
| 2021 | $31,552.04 | 12.54% |
| 2022 | $31,283.51 | -0.85% |
Expand
Comparison with Countries in the Europe & Central Asia Region.
Among countries in the same World Bank Europe & Central Asia (ECA) region, Cyprus comes in 23rd with $31,283.50 gdp per capita (current us$).
- Within the same region, Sweden comes in 13th with $55,873.20, gdp per capita (current us$).
- San Marino comes in 14th with $54,982.50.
- Austria comes in 15th with $52,131.40.
- Finland comes in 16th with $50,536.60.
- Belgium comes in 17th with $49,582.80.
- Germany comes in 18th with $48,432.50.
- United Kingdom comes in 19th with $45,850.40.
- Andorra comes in 20th with $41,992.80.
- France comes in 21st with $40,963.80.
- Italy comes in 22nd with $34,158.00.
- Slovenia comes in 24th with $29,457.40.
- Spain comes in 25th with $29,350.20.
- Estonia comes in 26th with $28,332.60.
- Czechia comes in 27th with $27,638.40.
- Lithuania comes in 28th with $24,826.80.
- Portugal comes in 29th with $24,274.50.
- Latvia comes in 30th with $21,851.10.
- Slovak Republic comes in 31st with $21,258.10.
- Greece comes in 32nd with $20,732.10.
- And Hungary comes in 33rd with $18,463.20, gdp per capita (current us$).
GDP per capita (current US$), Top 10 Countries in the Europe & Central Asia Region.
Top 10 Countries in the Europe & Central Asia Region.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Norway | $106,149.00 | 2022 |
| 5 | Ireland | $104,039.00 | 2022 |
| 6 | Switzerland | $92,101.50 | 2022 |
| 7 | Isle of Man | $79,530.60 | 2020 |
| 8 | Iceland | $72,903.00 | 2022 |
| 9 | Faroe Islands | $69,010.20 | 2021 |
| 10 | Denmark | $66,983.10 | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Cyprus comes in 46th with $31,283.50 gdp per capita (current us$).
- Within the same income group, New Caledonia comes in 36th with $36,668.40, gdp per capita (current us$).
- Sint Maarten (Dutch part) comes in 37th with $36,220.30.
- Guam comes in 38th with $35,904.90.
- Puerto Rico comes in 39th with $35,208.60.
- Italy comes in 40th with $34,158.00.
- Malta comes in 41st with $33,940.90.
- Japan comes in 42nd with $33,815.30.
- Korea, Rep. comes in 43rd with $32,254.60.
- Macao SAR, China comes in 44th with $31,617.50.
- Bahamas, The comes in 45th with $31,458.30.
- Saudi Arabia comes in 47th with $30,436.30.
- Bahrain comes in 48th with $30,152.00.
- Slovenia comes in 49th with $29,457.40.
- Spain comes in 50th with $29,350.20.
- Aruba comes in 51st with $29,342.10.
- Estonia comes in 52nd with $28,332.60.
- Czechia comes in 53rd with $27,638.40.
- Oman comes in 54th with $25,056.80.
- Turks and Caicos Islands comes in 55th with $24,917.60.
- And Lithuania comes in 56th with $24,826.80, gdp per capita (current us$).
GDP per capita (current US$), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | GDP per capita (current US$) | Year |
|---|---|---|---|
| 1 | Monaco | $234,317.00 | 2021 |
| 2 | Liechtenstein | $184,083.00 | 2021 |
| 3 | Luxembourg | $126,426.00 | 2022 |
| 4 | Bermuda | $118,846.00 | 2022 |
| 5 | Norway | $106,149.00 | 2022 |
| 6 | Ireland | $104,039.00 | 2022 |
| 7 | Switzerland | $92,101.50 | 2022 |
| 8 | Cayman Islands | $88,475.60 | 2021 |
| 9 | Qatar | $88,046.30 | 2022 |
| 10 | Singapore | $82,807.60 | 2022 |
| 11 | Isle of Man | $79,530.60 | 2020 |
| 12 | United States | $76,398.60 | 2022 |
| 13 | Iceland | $72,903.00 | 2022 |
| 14 | Faroe Islands | $69,010.20 | 2021 |