CY · 2023 · rd_e_gerdtot

GERD by sector of performance

Cyprus, 2023

GERD by sector of performance
0.7%
Cyprus, 2023
▼ 5.7% vs 2022 (0.7%)
Analysis

In 2023, Cyprus's GERD by sector of performance decreased by 5.7% compared to 2022, reaching 0.7%.

The figure is below the EU-27 average of 2.3%.

Cyprus ranks 25th out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 8.2% (from 0.6% in 2018).

Source: Eurostat dataset rd_e_gerdtot, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2023
#25 of 27
% of EU-27 total · 2023
29.2%
EU-27: 2.3%
Cyprus timeline (last 15 years)
2010 2024