Cyprus's Economy
How big is Cyprus’s economy, and how does it compare with the rest of the EU? In 2025, real GDP grew 3.8% year on year, and GDP per person stood at 98 on an index where the EU27 average is 100.
GDP per capita is shown two ways: in purchasing power standards (PPS), a currency-free unit that adjusts for how much things actually cost in each country, and as an index where the EU27 average is exactly 100 — the clearest single comparison on this page.
The economy over time, 1995-2025
GDP, current prices — a measure of the size of the economy, not living standards. Not ranked against other countries: a bigger economy is not a richer one per person.
Real GDP growth, year on year
Provisional: 2024, 2025.
The GDP-per-capita (EU27 = 100) index carries a break in series at 2020 — figures either side are not a single unbroken trend.
How Cyprus compares with the rest of the EU
How Cyprus ranks among the 27 EU member states on three measures. Ranked highest first; a country with no published figure for the year shown reads 'not published', never 0.
Real GDP growth
Cyprus is the 3rd highest of 27 EU states for real GDP growth in 2025.
Show all 27 states
| Rank | Country | Real GDP growth |
|---|---|---|
| — | European Union (27, from 2020) (reference, not ranked) | 1.4% |
| 1 | Ireland | 8.0% |
| 2 | Malta | 4.7% |
| 3 | Cyprus | 3.8%provisional |
| 4 | Poland | 3.6% |
| 5 | Denmark | 3.5% |
| 6 | Croatia | 3.4%provisional |
| 7 | Bulgaria | 3.1%provisional |
| 8 | Lithuania | 2.9% |
| 9 | Spain | 2.8%provisional |
| 10 | Czechia | 2.6% |
| joint 11 | Greece | 2.1%provisional |
| joint 11 | Latvia | 2.1% |
| 13 | Portugal | 1.9%provisional |
| 14 | Netherlands | 1.6% |
| 15 | Slovenia | 1.5% |
| 16 | Sweden | 1.4% |
| 17 | Estonia | 1.3% |
| 18 | Belgium | 1.0%provisional |
| joint 19 | Austria | 0.8% |
| joint 19 | Finland | 0.8% |
| joint 19 | France | 0.8%provisional |
| joint 19 | Slovakia | 0.8% |
| 23 | Romania | 0.7%provisional |
| 24 | Luxembourg | 0.6%provisional |
| joint 25 | Hungary | 0.5%provisional |
| joint 25 | Italy | 0.5% |
| 27 | Germany | 0.2%provisional |
GDP per capita, purchasing power standard
Cyprus is the 11th highest of 27 EU states for GDP per capita (PPS) in 2025.
Show all 27 states
| Rank | Country | GDP per capita (PPS) |
|---|---|---|
| — | European Union (27, from 2020) (reference, not ranked) | 41,699 |
| 1 | Luxembourg | 99,621provisional |
| 2 | Ireland | 93,360 |
| 3 | Netherlands | 55,152provisional |
| 4 | Denmark | 53,941 |
| 5 | Austria | 49,029 |
| 6 | Germany | 48,622provisional |
| 7 | Belgium | 47,676provisional |
| 8 | Sweden | 46,344 |
| 9 | Malta | 45,953 |
| 10 | Finland | 42,087 |
| 11 | Cyprus | 40,957provisional |
| 12 | France | 40,716provisional |
| 13 | Italy | 39,949provisional |
| 14 | Czechia | 38,557 |
| 15 | Spain | 38,136provisional |
| 16 | Slovenia | 38,052 |
| 17 | Lithuania | 36,174 |
| 18 | Portugal | 33,825provisional |
| 19 | Poland | 33,817provisional |
| 20 | Estonia | 33,279 |
| 21 | Croatia | 32,370provisional |
| 22 | Romania | 32,353provisional |
| 23 | Hungary | 31,719provisional |
| 24 | Slovakia | 31,139 |
| 25 | Latvia | 29,519 |
| 26 | Greece | 28,470provisional |
| 27 | Bulgaria | 28,332provisional |
GDP per capita, EU27 = 100
The clearest single comparison on this page — Cyprus’s GDP per capita as an index where the EU27 average is exactly 100.
Cyprus is the 11th highest of 27 EU states for GDP per capita (EU27 = 100) in 2025.
Show all 27 states
| Rank | Country | GDP per capita, EU27 = 100 |
|---|---|---|
| — | European Union (27, from 2020) (reference, not ranked) | 100 |
| 1 | Luxembourg | 239provisional |
| 2 | Ireland | 224 |
| 3 | Netherlands | 132provisional |
| 4 | Denmark | 129 |
| 5 | Austria | 118 |
| 6 | Germany | 117provisional |
| 7 | Belgium | 114provisional |
| 8 | Sweden | 111 |
| 9 | Malta | 110 |
| 10 | Finland | 101 |
| 11 | Cyprus | 98provisional |
| 12 | France | 98provisional |
| 13 | Italy | 96provisional |
| 14 | Czechia | 93 |
| 15 | Spain | 92provisional |
| 16 | Slovenia | 91 |
| 17 | Lithuania | 87 |
| joint 18 | Poland | 81provisional |
| joint 18 | Portugal | 81provisional |
| 20 | Estonia | 80 |
| joint 21 | Croatia | 78provisional |
| joint 21 | Romania | 78provisional |
| 23 | Hungary | 76provisional |
| 24 | Slovakia | 75 |
| 25 | Latvia | 71 |
| 26 | Greece | 68provisional |
| 27 | Bulgaria | 68provisional |
Source: Eurostat.
* Calculated by Humanity Observatory from published figures.