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Foreign Trade In Services (As % of GDP) rose 3.65% to 122% in Cyprus in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | Cyprus | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP rose 3.65% to 122% in Cyprus in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in Cyprus reached an all time high of 122% in 2021 and an all time low of 34.8% in 1980. When compared to Cyprus's main peers, foreign trade in services as a share of GDP in Egypt amounted to 11.1%, 31.3% in Greece, 21.8% in Israel and 11.1% in Turkey in 2021.

Cyprus has been ranked 5th within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP, 6 places above the position seen 10 years ago.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Albania % 34.4% 37.3% 40.4% 39.1% 40.3%
Bulgaria % 25.7% 26.4% 25.8% 25.3% 25.3%
Cyprus % 86.9% 89.5% 96.6% 93.2% 105%
Egypt % 10.9% 9.28% 15.8% 16.9% 15.3%
Greece % 26.5% 24.9% 28.1% 30.5% 32.2%
Iran % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iraq % ... ... ... ... 13.7% 12.3% 11.9% 10.4% 12.9%
Israel % 20.3% 20.7% 21.2% 22.4% 22.4%
Jordan % 28.2% 26.8% 27.9% 28.1% 28.4%
Lebanon % ... 59.3% 55.7% 54.8% 54.5% 51.6%
Libya % 10.6% 5.95% 6.95% 6.78% 11.4% ...
Macedonia % 26.5% 25.3% 25.0% 25.9% 25.9%
Saudi Arabia % 15.7% 13.6% 14.0% 12.8% 12.8%
Sudan % 3.90% 2.90% 2.60% 8.30% 8.63%
Syria % ... ... ... ... ... ... ... ... ... ... ...
Turkey % 9.45% 8.34% 9.44% 11.3% 12.6%