Cyprus: Imports of goods and services (% of GDP)

Key figures

What the numbers say

In 2025, Cyprus' imports of goods and services (% of GDP) fell 1.46 percentage points on 2024 (from 93.38% to 91.92%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +1.51 percentage points and a typical year strayed about 5.7 percentage points from that (the standard deviation). This year's change was 0.5 standard deviations below 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 19.54 percentage points in 1995 and the biggest yearly fall was 12.72 percentage points in 1993. 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 3.24 percentage points a year. A straight line explains 79% 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.

A straight-line projection, tested first

Extending that straight line gives about 107.42% for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 5.26%, against 7.87% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

In 2025, Cyprus had the 13th highest value of the 137 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.

Closest to Cyprus in the 2025 ranking

• Djibouti — 9th of 137: 95.8%
• Seychelles — 10th of 137: 92.67%
• Viet Nam — 11th of 137: 92.09%
• Slovak Republic — 13th of 137: 85.25%
• Marshall Islands — 14th of 137: 79.87%
• Belgium — 15th of 137: 77.47%

What this measures

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 51 values

Imports of goods and services (% of GDP) in nearby economies

• Albania — 42.52% (2025)
• Armenia — 53.61% (2025)
• Austria — 52.32% (2025)
• Azerbaijan — 36.81% (2025)
• Belarus — 57.03% (2025)
• Belgium — 77.47% (2025)
• Bosnia and Herzegovina — 54.12% (2025)
• Bulgaria — 51.78% (2025)
• Croatia — 53.01% (2025)
• Czechia — 61.09% (2025)

More economic policy & debt data for Cyprus

• Total reserves, including gold (current US$) — US$2.95 billion (2025)
• Total reserves, excluding gold (current US$) — US$999.53 million (2025)
• Food, beverages and tobacco (% of value added in manufacturing) — 32.67% (2023)
• Machinery and transport equipment (% of value added in manufacturing) — 13.81% (2023)
• Other manufacturing (% of value added in manufacturing) — 39.94% (2023)
• Textiles and clothing (% of value added in manufacturing) — 1.35% (2023)
• Chemicals (% of value added in manufacturing) — 12.23% (2023)
• Foreign direct investment, net inflows (BoP, current US$) — US$11.16 billion (2025)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cyprus's imports of goods and services (% of GDP)?

91.92% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 35.23 percentage points from 56.69% in 1975. The highest value was 101.09% in 2022 and the lowest 47.93% in 1993.

How does Cyprus rank?

Source

World Bank, World Development Indicators, indicator NE.IMP.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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