Cyprus

Cyprus grew 3.8% in real terms in 2025, but its US$ GDP rose 9.5% to US$41.2 billion; the gap was mostly exchange-rate and price effects, not output. The economy held 105th place, between Nepal and Honduras.

Services account for 76.8% of output, industry 11.1% and agriculture 1.1%, with manufacturing at 4.4%. Inflation was 0.1% and unemployment 4.9%, while government gross debt is 55.0% of GDP.

With 1.4 million people, Cyprus generates GDP per capita of US$41,783, 31st in the world, and holds exactly the same rank, 31st, on a PPP basis. The dollar economy has grown 4.1 times since 2000, when it measured US$10.0 billion and ranked 89th. It is about the size of the Santa Maria, CA metro area. The IMF projects GDP of US$54.9 billion by 2030, a +33% rise that would lift it to 104th.