Productivity vs. GDP per capita in Cyprus
Cyprus: Productivity vs. GDP per capita was 43.85 international-$ in 2021 prices per hour in 2023. ▲ Rising
Latest (2023)
43.85 international-$ in 2021 prices per hour
Change on year
up 2.9%
World rank
43rd
of 130 countries
All-time high
48.44 international-$ in 2021 prices per hour
in 2019
All-time low
35.24 international-$ in 2021 prices per hour
in 1998
Years of data
29
1995–2023
Productivity vs. GDP per capita in Cyprus, 1995–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices per hour.
Analysis
In 2023, productivity vs. gdp per capita in Cyprus stood at 43.85 international-$ in 2021 prices per hour.
That represents a change of up 2.9% on the previous year and down 2.4% over ten years.
Over the whole period, productivity vs. gdp per capita in Cyprus peaked at 48.44 international-$ in 2021 prices per hour in 2019 and was at its lowest, 35.24 international-$ in 2021 prices per hour, in 1998.
That places Cyprus 43rd out of 130 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Productivity vs. GDP per capita in Cyprus, year by year
| Year | international-$ in 2021 prices per hour | Change |
|---|---|---|
| 1995 | 35.69 international-$ in 2021 prices per hour | — |
| 1996 | 35.3 international-$ in 2021 prices per hour | -1.1% |
| 1997 | 36.01 international-$ in 2021 prices per hour | +2.0% |
| 1998 | 35.24 international-$ in 2021 prices per hour | -2.1% |
| 1999 | 37.14 international-$ in 2021 prices per hour | +5.4% |
| 2000 | 41.92 international-$ in 2021 prices per hour | +12.9% |
| 2001 | 42.38 international-$ in 2021 prices per hour | +1.1% |
| 2002 | 41.22 international-$ in 2021 prices per hour | -2.7% |
| 2003 | 36.81 international-$ in 2021 prices per hour | -10.7% |
| 2004 | 37.19 international-$ in 2021 prices per hour | +1.0% |
| 2005 | 40.42 international-$ in 2021 prices per hour | +8.7% |
| 2006 | 41.63 international-$ in 2021 prices per hour | +3.0% |
| 2007 | 40.37 international-$ in 2021 prices per hour | -3.0% |
| 2008 | 43.99 international-$ in 2021 prices per hour | +9.0% |
| 2009 | 46.03 international-$ in 2021 prices per hour | +4.6% |
| 2010 | 47.61 international-$ in 2021 prices per hour | +3.4% |
| 2011 | 44.56 international-$ in 2021 prices per hour | -6.4% |
| 2012 | 47.47 international-$ in 2021 prices per hour | +6.5% |
| 2013 | 44.92 international-$ in 2021 prices per hour | -5.4% |
| 2014 | 43.24 international-$ in 2021 prices per hour | -3.7% |
| 2015 | 45.1 international-$ in 2021 prices per hour | +4.3% |
| 2016 | 46.98 international-$ in 2021 prices per hour | +4.2% |
| 2017 | 46.29 international-$ in 2021 prices per hour | -1.5% |
| 2018 | 43.35 international-$ in 2021 prices per hour | -6.4% |
| 2019 | 48.44 international-$ in 2021 prices per hour | +11.7% |
| 2020 | 47.69 international-$ in 2021 prices per hour | -1.5% |
| 2021 | 45.99 international-$ in 2021 prices per hour | -3.6% |
| 2022 | 42.61 international-$ in 2021 prices per hour | -7.4% |
| 2023 | 43.85 international-$ in 2021 prices per hour | +2.9% |
Cyprus compared with similar countries
- Cyprus's 43.85 international-$ in 2021 prices per hour is below the median for high income countries, which is 51.52 international-$ in 2021 prices per hour, 85% of the median. (51 countries reporting)
- Cyprus's 43.85 international-$ in 2021 prices per hour is below the median for Europe & Central Asia, which is 46.15 international-$ in 2021 prices per hour, 95% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.88 international-$ in 2021 prices per hour | 35.24 international-$ in 2021 prices per hour | 37.14 international-$ in 2021 prices per hour | 5 |
| 2000s | 41.2 international-$ in 2021 prices per hour | 36.81 international-$ in 2021 prices per hour | 46.03 international-$ in 2021 prices per hour | 10 |
| 2010s | 45.8 international-$ in 2021 prices per hour | 43.24 international-$ in 2021 prices per hour | 48.44 international-$ in 2021 prices per hour | 10 |
| 2020s | 45.03 international-$ in 2021 prices per hour | 42.61 international-$ in 2021 prices per hour | 47.69 international-$ in 2021 prices per hour | 4 |
Countries ranked near Cyprus
- 40 Trinidad and Tobago 45.94 international-$ in 2021 prices per hour compare
- 41 Latvia 43.99 international-$ in 2021 prices per hour compare
- 42 Slovakia 43.99 international-$ in 2021 prices per hour compare
- 44 Portugal 42.76 international-$ in 2021 prices per hour compare
- 45 Hungary 42.33 international-$ in 2021 prices per hour compare
- 46 Croatia 41.56 international-$ in 2021 prices per hour compare
More work & labour data for Cyprus
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3415 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3363 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3471 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. — Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,275 1000 No (2100)
Frequently asked questions
- What is productivity vs. gdp per capita in Cyprus?
- Productivity vs. gdp per capita in Cyprus was 43.85 international-$ in 2021 prices per hour in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest productivity vs. gdp per capita recorded in Cyprus?
- The highest recorded value was 48.44 international-$ in 2021 prices per hour in 2019.
- What is the lowest productivity vs. gdp per capita recorded in Cyprus?
- The lowest recorded value was 35.24 international-$ in 2021 prices per hour in 1998.
- How does Cyprus rank for productivity vs. gdp per capita?
- Cyprus ranks 43rd out of 130 countries with data for 2023.
- Is productivity vs. gdp per capita rising or falling in Cyprus?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Productivity vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Productivity is calculated as GDP divided by the total number of hours worked in the economy. This data is adjusted for inflation and differences in living costs between countries.