Facts
- Government gross debt, % of GDP
- 55.0 % (2025)
- Fiscal balance, % of GDP
- 3.4 % (2025)
- GDP, current prices
- $41.2 bn (2025)
- Current account, % of GDP
- -6.4 % (2025)
- Debt level
- 30–60% of GDP
- Change in debt ratio, last 10 years
- −56.6 pp
- ISO code
- CYP
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $41.2 bn |
| 2024 | $37.6 bn |
| 2023 | $35.1 bn |
| 2022 | $31.2 bn |
| 2021 | $30.4 bn |
| 2020 | $25.5 bn |
| 2019 | $26.2 bn |
| 2018 | $25.8 bn |
| 2017 | $22.9 bn |
| 2016 | $21.0 bn |
| 2015 | $19.9 bn |
| 2014 | $23.2 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -6.4 % |
| 2024 | -8.2 % |
| 2023 | -9.7 % |
| 2022 | -6.9 % |
| 2021 | -5.5 % |
| 2020 | -9.7 % |
| 2019 | -5.5 % |
| 2018 | -3.9 % |
| 2017 | -5.0 % |
| 2016 | -4.0 % |
| 2015 | -0.3 % |
| 2014 | -4.0 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 55.0 % |
| 2024 | 62.8 % |
| 2023 | 71.1 % |
| 2022 | 80.3 % |
| 2021 | 96.5 % |
| 2020 | 113.6 % |
| 2019 | 92.3 % |
| 2018 | 100.7 % |
| 2017 | 96.4 % |
| 2016 | 106.8 % |
| 2015 | 111.6 % |
| 2014 | 113.0 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | 3.4 % |
| 2024 | 4.1 % |
| 2023 | 1.7 % |
| 2022 | 2.7 % |
| 2021 | -1.6 % |
| 2020 | -5.6 % |
| 2019 | 1.0 % |
| 2018 | -3.4 % |
| 2017 | 2.1 % |
| 2016 | 0.5 % |
| 2015 | -0.8 % |
| 2014 | -8.8 % |