Cyprus: Exports of goods and services (% of GDP)
In , Cyprus's Exports of goods and services (% of GDP) was 97.02.
That's up 0.7% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . Cyprus ranks #7 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #3 of 49.
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 104.67
- Trough
- 48.72
- 1-year change
- +0.7%
- 5-year change
- +28.1%
- +5.1% / yr
- 10-year change
- +47.1%
- +3.9% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 97.0202 | |
| 96.3900 | |
| 104.6661 | |
| 90.7578 | |
| 79.6473 | |
| 75.7589 | |
| 74.5111 | |
| 73.8365 | |
| 70.4841 | |
| 70.0173 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Cyprus's Exports of goods and services (% of GDP) in 2024?
- In 2024, Cyprus's Exports of goods and services (% of GDP) was 97.02, according to World Bank Open Data.
- Is Cyprus's Exports of goods and services (% of GDP) rising or falling?
- Cyprus's Exports of goods and services (% of GDP) rose 0.7% from 2023 to 2024.
- How does Cyprus rank globally on Exports of goods and services (% of GDP)?
- In 2024, Cyprus ranked #7 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does Cyprus's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so Cyprus is above the world average. Within Europe & Central Asia, it ranks #3 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.