Cyprus Trade to GDP Ratio 1975-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Cyprus trade to gdp ratio for 2023 was 179.62%, a 10.13% decline from 2022.
  • Cyprus trade to gdp ratio for 2022 was 189.76%, a 14.9% increase from 2021.
  • Cyprus trade to gdp ratio for 2021 was 174.86%, a 12.13% increase from 2020.
  • Cyprus trade to gdp ratio for 2020 was 162.73%, a 10.79% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Cyprus Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 179.62% -10.13%
2022 189.76% 14.90%
2021 174.86% 12.13%
2020 162.73% 10.79%
2019 151.94% 3.42%
2018 148.53% 0.51%
2017 148.01% 8.99%
2016 139.02% 1.75%
2015 137.28% 6.43%
2014 130.84% 9.92%
2013 120.93% 8.58%
2012 112.34% 1.73%
2011 110.62% 1.72%
2010 108.90% 6.11%
2009 102.79% -10.13%
2008 112.93% 1.65%
2007 111.28% 1.47%
2006 109.81% -2.11%
2005 111.92% -1.99%
2004 113.90% -0.10%
2003 114.00% -9.64%
2002 123.64% -8.21%
2001 131.85% -5.65%
2000 137.49% 6.29%
1999 131.21% -3.70%
1998 134.91% -4.85%
1997 139.76% -1.09%
1996 140.85% 6.46%
1995 134.39% 38.61%
1994 95.78% 0.36%
1993 95.42% -14.68%
1992 110.10% 5.92%
1991 104.18% -4.43%
1990 108.61% -2.73%
1989 111.33% 9.75%
1988 101.58% 4.03%
1987 97.56% 4.10%
1986 93.46% -14.11%
1985 107.57% -14.19%
1984 121.76% 7.37%
1983 114.38% -0.78%
1982 115.16% 1.59%
1981 113.57% 5.25%
1980 108.33% -0.12%
1979 108.45% 3.20%
1978 105.25% -10.32%
1977 115.58% 3.21%
1976 112.37% 20.19%
1975 92.18% 20.19%