Annual inflation, consumer prices in Cyprus
Cyprus: Annual inflation, consumer prices was 1.8% in 2024. ◆ Volatile
Annual inflation, consumer prices in Cyprus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Cyprus recorded 1.8% for annual inflation, consumer prices in 2024.
The figure is down 49.2% on the previous year and up 232.9% over ten years.
Over the whole period, annual inflation, consumer prices in Cyprus peaked at 8.4% in 2022 and was at its lowest, -2.1%, in 2015.
That places Cyprus 156th out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 2.0% | -52.4% |
| 2002 | 2.8% | +42.0% |
| 2003 | 4.1% | +47.8% |
| 2004 | 2.3% | -44.8% |
| 2005 | 2.6% | +12.0% |
| 2006 | 2.3% | -10.0% |
| 2007 | 2.4% | +2.9% |
| 2008 | 4.7% | +96.8% |
| 2009 | 0.3% | -93.0% |
| 2010 | 2.4% | +644.8% |
| 2011 | 3.3% | +35.4% |
| 2012 | 2.4% | -27.4% |
| 2013 | -0.4% | -116.7% |
| 2014 | -1.4% | +239.3% |
| 2015 | -2.1% | +54.8% |
| 2016 | -1.4% | -31.8% |
| 2017 | 0.5% | -137.2% |
| 2018 | 1.4% | +169.9% |
| 2019 | 0.3% | -82.6% |
| 2020 | -0.6% | -355.0% |
| 2021 | 2.4% | -483.1% |
| 2022 | 8.4% | +243.2% |
| 2023 | 3.5% | -57.8% |
| 2024 | 1.8% | -49.2% |
Cyprus compared with similar countries
- Cyprus's 1.8% is below the median for high income countries, which is 2.4%, 75% of the median. (64 countries reporting)
- Cyprus's 1.8% is below the median for Europe & Central Asia, which is 2.8%, 65% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +644.8% | 0.3% | 2.4% |
| 2021 | +483.1% | -0.6% | 2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | 0.3% | 4.7% | 10 |
| 2010s | 0.5% | -2.1% | 3.3% | 10 |
| 2020s | 3.1% | -0.6% | 8.4% | 5 |
Countries ranked near Cyprus
More development goals data for Cyprus
- Red List Index 0.8363 index (2025)
- Number of refugees per 100,000 population, by country of origin 0.7295 per 100,000 people (2025)
- Manufacturing value added per capita 1,072 constant US$ (2025)
- Number of transboundary breeds 13 (2025)
- Number of transboundary breeds (not extinct) 12 (2025)
- Number of transboundary breeds with unknown risk status 8 (2025)
- Number of local breeds with unknown risk status 13 (2025)
- Number of local breeds (not extinct) 16 (2025)
- Number of local breeds kept in the country 17 (2025)
- Infant deaths 59 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Cyprus?
- Annual inflation, consumer prices in Cyprus was 1.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Cyprus?
- The highest recorded value was 8.4% in 2022.
- What is the lowest annual inflation, consumer prices recorded in Cyprus?
- The lowest recorded value was -2.1% in 2015.
- How does Cyprus rank for annual inflation, consumer prices?
- Cyprus ranks 156th out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Cyprus?
- Over the last ten years it is up 232.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).