Cyprus: Trade (% of GDP)

Key figures

What the numbers say

In 2025, Cyprus' trade (% of GDP) fell 0.91 percentage points on 2024 (from 190.4% to 189.5%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.15 percentage points and a typical year strayed about 10.82 percentage points from that (the standard deviation). This year's change was 0.4 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 38.61 percentage points in 1995 and the biggest yearly fall was 15.01 percentage points in 2023. 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 6.96 percentage points a year. A straight line explains 81% 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 219.56% 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 9.83%, against 15.54% 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 8th 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

• Malta — 5th of 137: 219.01%
• Djibouti — 6th of 137: 206.3%
• Viet Nam — 7th of 137: 190.34%
• Seychelles — 9th of 137: 172.29%
• Slovak Republic — 10th of 137: 170.34%
• Naoero — 11th of 137: 165.44%

What this measures

Trade is the sum of exports and imports of goods and services. 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.

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

All 51 values

Trade (% of GDP) in nearby economies

• Albania — 79.53% (2025)
• Armenia — 101.71% (2025)
• Austria — 107.02% (2025)
• Azerbaijan — 79.83% (2025)
• Belarus — 112.11% (2025)
• Belgium — 152.92% (2025)
• Bosnia and Herzegovina — 95.12% (2025)
• Bulgaria — 102.51% (2025)
• Croatia — 100.99% (2025)
• Czechia — 128.04% (2025)
• Denmark — 129.22% (2025)
• Estonia — 155.76% (2025)
• Faroe Islands

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 trade (% of GDP)?

189.5% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 97.32 percentage points from 92.18% in 1975. The highest value was 205.75% in 2022 and the lowest 92.18% in 1975.

How does Cyprus rank?

8th highest of 137 economies with data for 2025.

Source

World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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