Cyprus gdp growth

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Cyprus gdp growth: 0.6 (-53.85%)
Last Update: December 31, 2023

Cyprus gdp growth closed down 0.6 as of December 31, 2023 from 1.3 from the previous month and 1.3 from last year.


Cyprus gdp growth Analytics & Data




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Cyprus gdp growth

Date Values
2023-12-31 0.6
2023-09-30 1.3
2023-06-30 -0.4
2023-03-31 1
2022-12-31 0.5
2022-09-30 1.1
2022-06-30 -0.2
2022-03-31 2
2021-12-31 1.9
2021-09-30 1.7
2021-06-30 1.5
2021-03-31 1.4
2020-12-31 1.3
2020-09-30 9.5
2020-06-30 -13
2020-03-31 -0.8
2019-12-31 1.5
2019-09-30 0.3
2019-06-30 0.6
2019-03-31 0.9


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Cyprus gdp growth Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
gdp growth cy.gdpgrowth 0.6 1.3 -54 -54 Down Down 60 2023-12-31

Cyprus gdp growth Factors

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What is the Cyprus gdp growth

Cyprus GDP Growth: Tracking Economic Development

Welcome to our dedicated webpage on Cyprus GDP growth. Here, you will find a comprehensive analysis of current and historical data, trends, charts, and signals that will help you understand the economic landscape and gauge the country's progress over time.

What is GDP Growth?

Gross Domestic Product (GDP) refers to the total value of all goods and services produced within a country's borders during a specific period. GDP growth, on the other hand, measures the rate at which the country's overall economic output increases or decreases over time. It is a crucial indicator of economic development, reflecting changes in productivity, consumer spending, investments, and the overall health of an economy.

Interpreting GDP Growth:

Understanding GDP growth requires analyzing it in the context of other economic variables and global indicators. High GDP growth rates often signal a healthy, expanding economy with increased business activity, job creation, and higher living standards. Conversely, negative or low GDP growth rates may indicate an economic slowdown, recessions, or even contraction.

However, it's important to remember that GDP growth rates alone do not provide a complete picture of an economy. Economic analysts and policymakers consider various factors, such as inflation, unemployment rates, income distribution, and public debt, to assess the overall economic conditions accurately.

Current and Historical Data:

Our webpage features up-to-date and historical data on Cyprus' GDP growth. The interactive charts and graphs showcase trends spanning multiple years and enable users to grasp long-term economic patterns and cycles. By examining these trends, users can identify areas of strength, vulnerabilities, and potential opportunities within the Cypriot economy.

Signals, Trends, and Analysis:

To gain deeper insights into Cyprus' GDP growth, users can utilize our MacroVar signals, trends, and analysis tools. These comprehensive analytical tools help identify leading indicators, potential risks, and opportunities that may affect the economy's direction in the future. MacroVar offers a range of indicators and insights, enabling users to make informed decisions and navigate economic changes effectively.

Export Historical Data for Further Analysis:

We understand the importance of data accessibility and its potential for further analysis. That's why we provide the option to export historical data for free. Users can use this exported data in their preferred analytical software or spreadsheet to conduct in-depth research, create custom models, or perform sophisticated statistical analysis.

Stay Informed, Make Informed Decisions:

Our Cyprus GDP growth webpage equips you with the information and tools necessary to stay informed about the country's economic performance. By accessing current and historical data, trends, signals, and analyses, you can deepen your understanding of Cyprus' economic landscape and make well-informed decisions concerning investments, business strategies, and financial planning.

Take advantage of our comprehensive resources and start exploring Cyprus GDP growth today!

Cyprus Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Cyprus Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade cy.balanceoftrade -659569 -694321 -5 -1 UP UP 38 2023-11-30
building permits cy.buildingpermits 587 677 -13 -5 Down Down 30 2023-12-31
business confidence cy.bizconfidence 100.1 103.3 -3 -7 Down Down 25 2024-03-31
car registrations cy.carregistrations 1501 1527 -2 -65 Down Down 3 2024-03-31
consumer confidence cy.consconfidence -23.9 -26.7 -10 29 UP Down 53 2024-02-29
consumer price index cpi cy.cpi 115.41 114.93 0 1 Down UP 38 2024-03-31
current account cy.currentaccount -856 -522.1 64 14 Down Down 72 2023-12-31
current account to gdp cy.currentaccountgdp -12.1 -7.9 53 426 Down Down 0 2023-01-31
exports cy.exports 243087 310986 -22 -6 Down Down 40 2024-02-29
external debt cy.externaldebt 171697 172573 -1 -9 Down Down 0 2023-12-31
fiscal expenditure cy.fiscalexp 2741.8 2912.2 -6 -11 UP Down 18 2023-12-31
foreign exchange reserves cy.fxreserves 1754.6 1638.3 7 5 UP UP 24 2024-03-31
gdp cy.gdp 29.25 29.48 -1 14 UP UP 0 2022-01-31
Real GDP cy.realgdp 6487.2 6451.3 1 20 UP UP 97 2023-12-31
gdp growth cy.gdpgrowth 0.6 1.3 -54 -54 Down Down 60 2023-12-31
gdp growth annual cy.gdpgrowthan 2.2 2.2 0 -151 Down UP 40 2023-12-31
gold reserves cy.goldres 13.9 13.9 0 0 Down Down 61 2019-06-30
government budget cy.govbudget 2.4 -1.9 -226 -142 UP UP 0 2023-01-31
Government budget cy.govbudgetvalue 720 -218.4 -430 -5814 UP UP 2 2023-09-30
government debt to gdp cy.govdebtgdp 85.6 99.3 -14 30 Down UP 0 2023-01-31
government revenues cy.govrev 3461.8 2726.4 27 51 UP UP 98 2023-09-30
imports cy.imports 1100390 1116300 -1 27 UP UP 76 2023-09-30
industrial production cy.indproduction 4.2 2.25 87 -382 UP UP 8 2023-12-31
inflation cpi cy.inflationcpi 1.2 1.82 -34 -82 Down Down 48 2024-02-29
interest rate cy.interestrate 4.5 4.5 0 8900 UP UP 99 2024-04-01
long term unemployment rate cy.ltunemploymentrate 1.6 1.8 -11 -33 Down Down 30 2023-12-31
Producer Price Index cy.producerprices 122.6 122.5 0 -12 Down Down 2 2024-02-29
retail sales MoM cy.retailsales 19.8 4.4 350 1000 UP UP 96 2023-11-30
retail sales cy.retailsalesan 5.22 4.24 23 -43 Down Down 62 2024-02-29
unemployment rate cy.unemploymentrate 6.4 6.6 -3 2 UP UP 62 2024-02-29
youth unemployment rate cy.ytunemploymentrate 18.1 18.1 0 -3 UP Down 62 2023-11-30
Money Supply M2 cy.msm2 18440200 18178100 1 20 UP UP 100 2007-11-30
Money Supply M3 cy.msm3 23374 22649 3 21 UP UP 100 2007-12-31
Construction Confidence cy.esi.constr 1.2 -6.1 -12000 -10800 UP UP 0 2024-01-22
Consumer Confidence cy.esi.cons -26.7 -27.6 -300 -1200 Down UP 4000 2024-01-22
Industrial Confidence cy.esi.man -2.9 0.4 -82500 -6600 Down UP 0 2024-01-22
Retail Confidence cy.esi.ret 0.2 0 0 -10300 UP UP 0 2024-01-22
Services Confidence cy.esi.serv 33.6 26.2 2800 18200 UP UP 9500 2024-01-22
ESI - Economic Composite cy.esi.conf 107.8 104.3 3 12 UP UP 82 2023-06-30