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Cyprus real GDPCyprus real GDPCyprus real GDP

Cyprus real GDP

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CYGDPCP chart


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Key data points


Last release
—
Observation period
Q4 2024
Next release
—
Forecast
—
Highest
‪7.02 B‬ EUR on Dec 31, 2024
Lowest
‪2.81 B‬ EUR on Mar 31, 1995

About Cyprus real GDP


Category
GDP
Source
Statistical Service
Frequency
Quarterly
Units
EUR

Cyprus in figures — see more economic indicators tied to CYGDPCP.
CYFYGDPG
Full Year GDP Growth
CYGDP
GDP
CYGDPA
GDP From Agriculture
CYGDPC
GDP From Construction
CYGDPCP
Real GDP
CYGDPMAN
GDP From Manufacturing
CYGDPMIN
GDP From Mining
CYGDPPA
GDP From Public Administration
CYGDPPC
GDP Per Capita
CYGDPPCP
GDP Per Capita PPP
CYGDPQQ
GDP Growth Rate
CYGDPS
GDP From Services
CYGDPYY
GDP Growth
CYGFCF
Gross Fixed Capital Formation
CYGNP
Gross National Product

Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Cyprus real GDP was 7.02 B EUR, and the quarter before it reached 7 B EUR.