Cyprus: Economic growth Q-on-Q
* indicates monthly or quarterly data series
The most recent value is 0.3 percent as of Q4 2024, a decline compared to the previous value of 0.9 percent. Historically, the average for Cyprus from Q2 1995 to Q4 2024 is 0.79 percent. The minimum of -11.9 percent was recorded in Q2 2020, while the maximum of 6.9 percent was reached in Q3 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Cyprus: Economic growth, quarterly |
|---|---|
| 2024 Q4 | 0.3 |
| 2024 Q3 | 0.9 |
| 2024 Q2 | 0 |
| 2024 Q1 | 1.7 |
| 2023 Q4 | 1 |
| 2023 Q3 | 0.7 |
| 2023 Q2 | 0.4 |
| 2023 Q1 | 0.6 |
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Definition: The percent change in the Gross Domestic Product from the previous quarter using constant prices. Data are seasonally adjusted.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 2.61 | 2023 | percent |
| GDP, constant dollars | 28.6 | 2023 | billion U.S. dollars |
| GDP, current U.S. dollars | 33.89 | 2023 | billion U.S. dollars |
| GDP per capita, current dollars | 36,551.42 | 2023 | U.S. dollars |
| GDP per capita, PPP | 53,421 | 2023 | U.S. dollars |
| GDP per capita, constant dollars | 30,768.92 | 2023 | U.S. dollars |
| Economic growth, quarterly | 2.90 | Q4/2024 | percent |
| Economic growth Q-on-Q | 0.30 | Q4/2024 | percent |
| Gross Domestic Product (GDP) | 8.48 | Q4/2024 | billion |