Private Sector & Trade · Cyprus
Yearly data from 1976 to 2025, from the World Bank.
Cyprus's commercial service exports (current US$) was US$35.55 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 238.26% from US$10.51 billion in 2015 (12.96% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$35.55 billion | 2025 |
| Five years earlier | US$16.84 billion | 2020 |
| Ten years earlier | US$10.51 billion | 2015 |
| Highest | US$35.55 billion | 2025 |
| Lowest | US$100.85 million | 1976 |
| Average since 2016 | US$21.95 billion | 2016–2025 |
| First recorded | US$100.85 million | 1976 |
Over five years it is up 111.14% from US$16.84 billion in 2020 (16.12% a year on average, compounded). Since 1976 it is up 35,152% from US$100.85 million in 1976 (12.72% a year on average, compounded).
In 2025, Cyprus' commercial service exports (current US$) rose 11.5% on 2024 (from US$31.89 billion to US$35.55 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +9.6% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 52.9% in 1979 and the biggest yearly fall was 12.7% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$2.74 billion a year. A straight line explains 96% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2025, Cyprus had the 42nd highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Cyprus | US$35.55 billion | 2025 |
| World | US$9.48 trillion | 2025 |
| Europe & Central Asia | US$4.84 trillion | 2025 |
| High income | US$7.69 trillion | 2025 |
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
| Year | Commercial service exports (current US$) |
|---|---|
| 2025 | 35,553,213,794 |
| 2024 | 31,888,580,170 |
| 2023 | 28,868,068,706 |
| 2022 | 27,151,815,644 |
| 2021 | 22,933,142,913 |
| 2020 | 16,838,499,470 |
| 2019 | 16,207,281,386 |
| 2018 | 14,584,491,965 |
| 2017 | 13,704,770,737 |
| 2016 | 11,798,065,438 |
| 2015 | 10,510,610,316 |
| 2014 | 11,536,477,841 |
| 2013 | 10,852,015,655 |
| 2012 | 9,682,028,643 |
| 2011 | 10,313,001,530 |
| 2010 | 9,224,648,427 |
| 2009 | 9,121,153,145 |
| 2008 | 10,448,648,065 |
| 2007 | 7,799,539,400 |
| 2006 | 6,188,726,180 |
| 2005 | 5,676,331,306 |
| 2004 | 5,478,096,397 |
| 2003 | 4,750,937,586 |
| 2002 | 4,080,144,892 |
| 2001 | 4,066,760,489 |
| 2000 | 3,798,144,880 |
| 1999 | 3,654,863,659 |
| 1998 | 3,297,345,776 |
| 1997 | 3,021,615,212 |
| 1996 | 3,046,677,514 |
| 1995 | 3,101,541,672 |
| 1994 | 2,397,849,615 |
| 1993 | 2,045,012,935 |
| 1992 | 2,216,668,091 |
| 1991 | 1,567,517,928 |
| 1990 | 1,760,173,216 |
| 1989 | 1,397,826,872 |
| 1988 | 1,209,740,933 |
| 1987 | 1,006,866,431 |
| 1986 | 773,724,504 |
| 1985 | 603,540,286 |
| 1984 | 564,425,528 |
| 1983 | 494,644,574 |
| 1982 | 449,319,178 |
| 1981 | 391,286,104 |
| 1980 | 345,275,223 |
| 1979 | 254,201,043 |
| 1978 | 166,259,459 |
| 1977 | 117,857,037 |
| 1976 | 100,853,677 |
Every indicator for Cyprus is on the Cyprus data page.
World Bank, World Development Indicators, indicator TX.VAL.SERV.CD.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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