Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Cyprus

Merchandise trade (% of GDP) in Cyprus in 2025 — 52.09%. Ranked 101 in the world out of 189. Since 1975, the indicator has fallen by 41.8 pp.

2025 52.09% +1.48 pp vs 2024
World rank 101of 189
Period maximum 128.05%1977
Period minimum 34.78%2013

Trend over time

1975–2025 · % of GDP

Merchandise trade (% of GDP) — Cyprus, 1975–2025050100150197519801985199019952000200520102015202020251975: 93.89%1976: 119.77%1977: 128.05%1978: 114.31%1979: 113.76%1980: 80.49%1981: 82.78%1982: 81.83%1983: 79.71%1984: 85.02%1985: 70.89%1986: 55.75%1987: 55.39%1988: 59.92%1989: 67.47%1990: 62.94%1991: 61.9%1992: 62.21%1993: 51.59%1994: 53.66%1995: 49.52%1996: 53.64%1997: 51.37%1998: 46.31%1999: 43.96%2000: 48.04%2001: 47.12%2002: 43.16%2003: 37.04%2004: 37.24%2005: 42.21%2006: 41.16%2007: 41.76%2008: 43.91%2009: 34.9%2010: 38.65%2011: 37.97%2012: 36.08%2013: 34.78%2014: 48.05%2015: 51.83%2016: 51.29%2017: 54.56%2018: 61.61%2019: 48.02%2020: 46.27%2021: 47.28%2022: 53.57%2023: 54.76%2024: 50.61%2025: 52.09%
Change over the period: −41.8 pp Annual average: -0.84 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cyprus

Cyprus 52.09%
World 43.89%
Western Asia computed 46.07%
High-income countries computed 44.15%
Merchandise trade (% of GDP) — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2025 52.09 +1.48 pp
2024 50.61 −4.15 pp
2023 54.76 +1.18 pp
2022 53.57 +6.3 pp
2021 47.28 +1.01 pp
2020 46.27 −1.75 pp
2019 48.02 −13.59 pp
2018 61.61 +7.05 pp
2017 54.56 +3.27 pp
2016 51.29 −0.53 pp
2015 51.83 +3.78 pp
2014 48.05 +13.27 pp
2013 34.78 −1.3 pp
2012 36.08 −1.9 pp
2011 37.97 −0.68 pp
2010 38.65 +3.74 pp
2009 34.9 −9.01 pp
2008 43.91 +2.15 pp
2007 41.76 +0.6 pp
2006 41.16 −1.06 pp
2005 42.21 +4.97 pp
2004 37.24 +0.19 pp
2003 37.04 −6.12 pp
2002 43.16 −3.96 pp
2001 47.12 −0.92 pp
2000 48.04 +4.08 pp
1999 43.96 −2.35 pp
1998 46.31 −5.06 pp
1997 51.37 −2.26 pp
1996 53.64 +4.11 pp
1995 49.52 −4.14 pp
1994 53.66 +2.07 pp
1993 51.59 −10.62 pp
1992 62.21 +0.3 pp
1991 61.9 −1.03 pp
1990 62.94 −4.53 pp
1989 67.47 +7.55 pp
1988 59.92 +4.54 pp
1987 55.39 −0.36 pp
1986 55.75 −15.15 pp
1985 70.89 −14.13 pp
1984 85.02 +5.31 pp
1983 79.71 −2.13 pp
1982 81.83 −0.94 pp
1981 82.78 +2.29 pp
1980 80.49 −33.27 pp
1979 113.76 −0.55 pp
1978 114.31 −13.74 pp
1977 128.05 +8.28 pp
1976 119.77 +25.88 pp
1975 93.89

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.