Cyprus: Trade openness

* indicates monthly or quarterly data series
 Cyprus

Trade openness: exports plus imports as percent of GDP

 Latest value 189.76
 Year 2022
 Measure percent
 Data availability 1975 - 2022
 Average 121.31
 Min - Max 92.18 - 189.76
 Source The World Bank
For that indicator, we provide data for Cyprus from 1975 to 2022. The average value for Cyprus during that period was 121.31 percent with a minimum of 92.18 percent in 1975 and a maximum of 189.76 percent in 2022. The latest value from 2022 is 189.76 percent. For comparison, the world average in 2022 based on 148 countries is 100.81 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Cyprus - Trade openness - Recent values chart

Historical chart
Cyprus - Trade openness - historical chart - 1975-2022




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 86.05 2021 percent
 Trade openness 189.76 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 95.04 2022 percent
 Exports, billion dollars 27.80 2022 billion U.S. dollars
 Growth of exports 13.62 2022 percent
 Imports, percent of GDP 94.72 2022 percent
 Imports, billion dollars 27.71 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.64 2022 percent
 Foreign Direct Investment, billion dollars 11.13 2022 billion U.S. dollars
 Portfolio investment inflows, equities -509.06 2022 million dollars (current)
 Current account, percent of GDP -12.10 2023 percent
 Current account, in dollars -2.36 2022 billion U.S. dollars
 Trade balance, percent of GDP 0.32 2022 percent
 Trade balance, in dollars 0.06 2022 billion U.S. dollars
 Reserves 1.67 2022 billion U.S. dollars
 Remittances, percent of GDP 1.78 2022 percent
 Remittances 519.76 2022 million U.S. dollars
 Net errors and omissions 158.79 2022 million USD
 Foreign exchange reserves 1.60 9/2023 billion
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