Cyprus GDP Growth Rate
3.0%▼ −1.27 pt
Mar 2026 · Quarterly
Cyprus's real GDP grew 2.99% year-on-year in the first quarter of 2026, slowing from a 4.26% expansion in the previous quarter. The reading is the lowest since the 2.96% growth recorded in the third quarter of 2023 and remains well below the all-time high of 18.70% from the second quarter of 2021.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.0% | 4.3% | 18.7%Jun 2021 | -10.3%Jun 2020 | 1997 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $41.2B | $37.6B | $41.2B | $489.9M | Dec 2025 | Annual |
| Industrial Production | 2.8% | 2.8% | 30.3% | -16.5% | Dec 2025 | Annual |
About this series
GDP Growth Rate in Cyprus averaged 3.4% from 1997 until 2026, reaching an all-time high of 18.7% in Jun 2021 and a record low of -10.3% in Jun 2020. The series is reported quarterly with history from 1997.
Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Cyprus. The data are expressed as a year-on-year percentage change, reported quarterly, and cover the period from the first quarter of 1997 onward.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
FAQ