Skip to content

Economy of Cyprus vs Ivory Coast compared: GDP & Debt

Updated on by Georank

Cyprus has a GDP of $41.2B compared to $99.8B for Ivory Coast, ranking 103/197 and 77/197 by economy size, respectively.

Cyprus has $22.8B in government debt (55.3% of GDP), compared to $56.2B (56.3% of GDP) in Ivory Coast.

Cyprus vs Ivory Coast GDP by year

Cyprus
Ivory Coast
1x
Year GDP, current $
Cyprus Ivory Coast
2025 $41,225,787,247 $99,773,555,666
2024 $37,634,551,821 $87,113,179,149
2023 $35,075,440,603 $80,780,312,569
2022 $31,218,047,044 $70,922,824,814
2021 $30,372,637,513 $72,794,636,654
2020 $25,555,082,267 $63,027,852,805
2019 $26,196,660,680 $60,382,894,697
2018 $25,754,011,492 $58,522,477,787
2017 $22,946,583,376 $52,512,343,997
2016 $21,046,452,117 $48,407,761,037
2015 $19,909,269,065 $45,815,005,169
2014 $23,225,912,183 $48,843,005,614
2013 $23,959,708,956 $42,760,235,485
2012 $25,047,433,100 $36,302,302,877
2011 $27,641,553,201 $36,693,710,801
2010 $25,799,940,416 $34,936,307,980
2009 $26,048,190,775 $33,886,813,250
2008 $27,958,384,913 $34,078,240,293
2007 $23,968,727,074 $28,760,090,953
2006 $20,072,754,987 $25,281,413,263
2005 $18,433,412,511 $24,036,918,703
2004 $17,320,551,250 $23,510,575,681
2003 $14,547,329,558 $21,251,754,340
2002 $11,420,228,846 $18,054,383,321
2001 $10,397,898,907 $16,810,537,044
2000 $9,985,847,314 $16,577,533,892
1999 $10,497,907,228 $18,870,992,456
1998 $10,248,618,778 $19,619,654,756
1997 $9,547,816,420 $18,047,558,038
1996 $10,011,914,680 $18,071,152,831
1995 $9,933,137,128 $11,000,146,267
1994 $7,425,703,929 $8,313,557,510
1993 $6,590,291,048 $11,045,760,288
1992 $6,912,150,456 $11,152,971,274
1991 $5,770,197,348 $10,492,628,581
1990 $5,591,130,218 $10,795,850,583
1989 $4,563,482,604 $9,757,410,645
1988 $4,278,792,597 $10,255,169,806
1987 $3,704,813,886 $10,087,654,465
1986 $3,090,734,463 $9,158,302,100
1985 $2,430,411,900 $6,977,650,644
1984 $2,278,248,953 $6,841,639,247
1983 $2,160,364,071 $6,838,184,773
1982 $2,159,242,417 $7,567,110,849
1981 $2,087,496,374 $8,432,589,942
1980 $2,154,311,277 $10,175,617,609
1979 $1,288,699,776 $9,142,933,967
1978 $964,024,364 $7,900,526,298
1977 $734,876,021 $6,265,068,189
1976 $576,090,074 $4,662,053,825
1975 $489,912,574 $3,893,839,190
1974 - $3,070,152,309
1973 - $2,508,421,426
1972 - $1,849,400,402
1971 - $1,584,128,509
1970 - $1,455,482,795
1969 - $1,361,360,293
1968 - $1,281,281,277
1967 - $1,082,922,725
1966 - $1,024,102,880
1965 - $919,771,229
1964 - $921,063,327
1963 - $761,047,198
1962 - $645,284,474
1961 - $618,245,634
1960 - $546,203,559

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

GDP per capita in Cyprus vs Ivory Coast by year

Cyprus
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cyprus Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $30,075 - $3,050 -
2024 $27,707 $63,007 $2,728 $7,669
2023 $26,079 $59,875 $2,592 $7,237
2022 $23,448 $55,876 $2,333 $6,719
2021 $23,057 $47,633 $2,456 $6,045
2020 $19,624 $42,569 $2,180 $5,544
2019 $20,360 $44,394 $2,142 $5,516
2018 $20,267 $40,262 $2,131 $4,946
2017 $18,295 $37,768 $1,964 $4,690
2016 $17,013 $35,247 $1,863 $4,531
2015 $16,326 $31,380 $1,815 $4,404
2014 $19,326 $29,893 $1,991 $4,074
2013 $20,238 $30,416 $1,786 $3,619
2012 $21,493 $31,924 $1,547 $3,291
2011 $24,110 $33,406 $1,597 $3,176
2010 $22,876 $33,502 $1,554 $3,361
2009 $23,480 $33,901 $1,540 $3,177
2008 $25,626 $34,830 $1,584 $3,116
2007 $22,344 $32,888 $1,368 $2,985
2006 $19,037 $30,009 $1,230 $2,942
2005 $17,790 $27,763 $1,198 $2,842
2004 $17,016 $25,942 $1,200 $2,794
2003 $14,553 $24,278 $1,111 $2,702
2002 $11,636 $23,556 $968 $2,851
2001 $10,785 $22,866 $925 $2,962
2000 $10,537 $21,296 $937 $3,041
1999 $11,273 $19,663 $1,096 $3,065
1998 $11,206 $18,760 $1,177 $3,086
1997 $10,637 $17,781 $1,125 $3,040
1996 $11,373 $17,320 $1,170 $2,832
1995 $11,514 $17,096 $740 $2,683
1994 $8,791 $15,735 $582 $2,551
1993 $7,978 $14,852 $804 $2,577
1992 $8,530 $14,759 $845 $2,625
1991 $7,222 $13,546 $827 $2,677
1990 $7,092 $13,348 $886 $2,693
1989 $5,870 - $833 -
1988 $5,584 - $910 -
1987 $4,908 - $930 -
1986 $4,159 - $877 -
1985 $3,324 - $695 -
1984 $3,167 - $709 -
1983 $3,055 - $737 -
1982 $3,100 - $849 -
1981 $3,030 - $986 -
1980 $3,154 - $1,238 -
1979 $1,902 - $1,157 -
1978 $1,434 - $1,039 -
1977 $1,102 - $856 -
1976 $870 - $661 -
1975 $743 - $575 -
1974 - - $474 -
1973 - - $406 -
1972 - - $313 -
1971 - - $280.3 -
1970 - - $269 -
1969 - - $262.2 -
1968 - - $256.8 -
1967 - - $225.6 -
1966 - - $221.8 -
1965 - - $207 -
1964 - - $215.5 -
1963 - - $185.1 -
1962 - - $163.1 -
1961 - - $162.3 -
1960 - - $148.7 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

Cyprus' GDP per capita is $30,075, ranking 45/197, compared to $3,050 in Ivory Coast, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), Cyprus ranks 29th at $63,007, while Ivory Coast ranks 145th at $7,669.

Economic indicators

Cyprus Ivory Coast
Gross domestic product
$41.2B
2025
$99.8B
2025
GDP rank
103/197
2025
77/197
2025
GDP growth
3.77%
2024-2025
6.5%
2024-2025
GDP per capita
$30,075
2025
$3,050
2025
GDP per capita rank
45/197
2025
145/197
2025
GDP per capita, PPP
$63,007
2024
$7,669
2024
GDP per capita PPP rank
29/197
2024
145/197
2024
Government debt
$22.8B
2025
$56.2B
2025
Debt-to-GDP ratio
55.3%
2025
56.3%
2025
Government debt per person
$16,632
2025
$1,718
2025
Government debt per person rank
40/185
2025
124/185
2025
Average annual personal income after taxes
$24,626
2026
$2,667
2026
Market capitalization of domestic companies
$27.9B
2025
$7.33B
2020
Number of millionaires
24,000
2026
n/a
Number of billionaires
10
2026
n/a
Income share by richest 10%
26.3%
2023
27.8%
2021
Income share by poorest 10%
3.6%
2023
3.1%
2021
Government expenditure, % of GDP
40.4%
2025
20.2%
2025
Consumer prices inflation
0.13%
2024-2025
0.13%
2024-2025
Unemployment rate
4.4%
2025
2.31%
2022
Population
1388591
33910252

Spending and national debt comparison by year

Cyprus
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
Cyprus Ivory Coast
Government spending Government debt Government spending Government debt
2025 40.4% 55.3% 20.2% 56.3%
2024 38.3% 62.8% 20.4% 59.5%
2023 40.6% 71.1% 21% 56.7%
2022 37.7% 80.3% 21.9% 56%
2021 42.7% 96.5% 20.5% 50.2%
2020 45.9% 113.6% 20.4% 46.3%
2019 40.3% 92.3% 17.2% 37.2%
2018 44.3% 100.7% 17.6% 35.3%
2017 38.4% 96.4% 18.1% 32.6%
2016 39.6% 106.8% 17.6% 31.1%
2015 43% 111.6% 16.5% 29.2%
2014 52.1% 113% 15.2% 26.7%
2013 42.1% 102.7% 15.9% 24.6%
2012 41.9% 79.2% 16.1% 24.7%
2011 42.1% 64.8% 13.2% 50%
2010 41.7% 55.3% 14.5% 45.6%
2009 41.9% 52.8% 14.4% 46.5%
2008 38.2% 44.1% 14.6% 51.2%
2007 37.6% 53.1% 14.8% 53.5%
2006 39.1% 59% 14.5% 57.5%
2005 39.7% 64% 13.6% 58.2%
2004 38.6% 64.7% 13.5% 56.7%
2003 40.4% 63% 12.7% 56.4%
2002 37.4% 61% 13.1% 63%
2001 35.7% 57.5% 11.4% 71.2%
2000 35% 56% 12.9% 74%
1999 34.3% 55.7% 13.7% 78%
1998 34.4% 55% 14.6% 75.2%
1997 34.2% 53.5% 15.2% 84.2%
1996 32.4% 48.8% - -
1995 30.4% 46.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

In 2025, Cyprus' government spending was $16.7B, accounting for 40.4% of its GDP, while Ivory Coast spent $20.1B, or 20.2% of GDP.

Debt-to-GDP ratio is 55.3% in Cyprus and 56.3% in Ivory Coast, ranking 89/185 and 85/185, respectively.

Government deficit by year

Deficit/surplus
Cyprus

Ivory Coast
1x
Year Deficit/surplus, % of GDP
Cyprus Ivory Coast
2025 2.99% -3%
2024 4.14% -3.96%
2023 1.71% -5.12%
2022 2.69% -6.74%
2021 -1.59% -4.88%
2020 -5.57% -5.42%
2019 1.03% -2.22%
2018 -3.36% -2.9%
2017 2.13% -3.27%
2016 0.45% -2.98%
2015 -0.77% -2.04%
2014 -8.8% -1.57%
2013 -5.16% -1.62%
2012 -5.55% -2.28%
2011 -5.65% -2.89%
2010 -4.68% -1.34%
2009 -5.43% -1%
2008 0.87% -0.21%
2007 3.23% -0.39%
2006 -1.04% -1.03%
2005 -2.22% -1.03%
2004 -3.71% -1.04%
2003 -5.91% -1.26%
2002 -4.13% -0.64%
2001 -2.11% 0.7%
2000 -2.24% -0.83%
1999 -4.05% -1.27%
1998 -3.85% -0.7%
1997 -4.82% -0.75%
1996 -2.96% -
1995 -0.71% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

In 2025, Cyprus' government surplus, the difference between spending and revenue, was $1.23B, equivalent to 2.99% of GDP. This compares to Ivory Coast's deficit of $3B, or 3% of GDP.

Over the past 29 years, Cyprus recorded a fiscal deficit in 20 of those years, while Ivory Coast ran a deficit in 28 years. On average, Cyprus posted an annual deficit equal to 2.12% of GDP, compared to deficit of 2.13% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
Cyprus

Ivory Coast
1x
Year Consumer prices inflation
Cyprus Ivory Coast
2025 0.13% 0.13%
2024 1.8% 3.45%
2023 3.54% 4.37%
2022 8.4% 5.23%
2021 2.45% 4.16%
2020 -0.64% 2.41%
2019 0.25% 0.79%
2018 1.44% 0.4%
2017 0.53% 0.69%
2016 -1.43% 0.72%
2015 -2.1% 1.25%
2014 -1.35% 0.45%
2013 -0.4% 2.58%
2012 2.39% 1.3%
2011 3.29% 4.91%
2010 2.43% 1.23%
2009 0.33% 1.02%
2008 4.67% 6.31%
2007 2.37% 1.89%
2006 2.3% 2.47%
2005 2.56% 3.89%
2004 2.29% 1.46%
2003 4.14% 3.3%
2002 2.8% 3.08%
2001 1.97% 4.36%
2000 4.14% 2.53%
1999 1.63% 0.7%
1998 2.23% 4.61%
1997 3.61% 4.02%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

Over the past 29 years, Cyprus has recorded an average annual inflation rate of 1.92%, compared with 2.54% in Ivory Coast. In 2025, inflation was 0.13% in Cyprus and 0.13% in Ivory Coast.

Top exports between countries

Cyprus
Export category Export value
Raw materials & minerals $93.3M
Animal & marine products $1.38M
Metals $575K
Machinery & equipment $431K
Processed food, beverages & tobacco $146K
Chemicals & pharma $106K
Miscellaneous $14K
Textiles & consumer goods $12K
Weapons & explosives $1K
Wood & paper products $1K
Ivory Coast
Export category Export value
Raw materials & minerals $1.91M
Raw agricultural goods $723K
Wood & paper products $182K
Textiles & consumer goods $66K
Machinery & equipment $24K
Chemicals & pharma $4K
Metals $1K
Precious metals & jewellery $1K

Balance of trade

Cyprus Ivory Coast
Current account balance
-$2.59B
2025
-$3.89B
2024
Current account balance ranking
149/190
2025
156/190
2024
Current account balance, % of GDP
-6.29%
2025
-4.47%
2024
Goods imports
$12.6B
2025
$15.3B
2024
Goods exports
$4.62B
2025
$20.8B
2024
Service imports
$25.3B
2025
$6.63B
2024
Service exports
$35.7B
2025
$1.22B
2024
Imports of goods and services, % of GDP
91.9%
2025
24.8%
2025
Exports of goods and services, % of GDP
97.6%
2025
29.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cyprus Ivory Coast
Economic freedom 74.1 58.1
Economic freedom ranking 21/197 111/197
Property rights 85.1 43.9
Government integrity 59.7 39.3
Judicial effectiveness 89.8 30.2
Tax burden 80.8 81.6
Government spending 52.1 86.6
Fiscal health 91.5 48
Business freedom 82.3 68.3
Labor freedom 60.3 57.1
Monetary freedom 78.7 67.6
Trade freedom 79.4 74.4
Investment freedom 70 50
Financial freedom 60 50

Economic freedom comparison by year

Cyprus
Ivory Coast
1x
Year Economic freedom index
Cyprus Ivory Coast
2026 74.1 58.1
2025 73.2 57.8
2024 72.2 58.4
2023 72.3 60.4
2022 72.9 61.6
2021 71.4 61.7
2020 70.1 59.7
2019 68.1 62.4
2018 67.8 62
2017 67.9 63
2016 68.7 60
2015 67.9 58.5
2014 67.6 57.7
2013 69 54.1
2012 71.8 54.3
2011 73.3 55.4
2010 70.9 54.1
2009 70.8 55
2008 71.3 53.9
2007 71.7 54.9
2006 71.8 56.2
2005 71.9 56.6
2004 74.1 57.8
2003 73.3 56.7
2002 73 57.3
2001 71 54.8
2000 67.2 50.2
1999 67.8 51.7
1998 68.2 51.3
1997 67.9 50.5
1996 67.7 49.9
1995 - 53.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

The Economic Freedom Index for Cyprus is 74.1, ranking 21/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Cyprus Ivory Coast
Services, % of GDP
76.8%
2025
51.2%
2025
Industry, % of GDP
11.1%
2025
23.9%
2025
Agriculture, forestry, and fishing, % of GDP
1.12%
2025
16.8%
2025
GNI, Atlas method
$35.6B
2025
$91B
2025
GNI per capita, PPP
$57,390
2025
$7,750
2025
Total reserves including gold
$2.95B
2025
n/a
Total reserves ranking
121/177
2025
n/a
Net foreign direct investment
-$9.59B
2025
-$2.89B
2024
Net inflows of foreign direct investment
-$50.4B
2024
$3.12B
2024
Net outflows of foreign direct investment
-$55.9B
2024
$228M
2024
Servicing debt to the IMF, % of GNI n/a
6.47%
2024
Poverty at national poverty lines
13.9%
2021
37.5%
2021
Gross capital formation, % of GDP
19.3%
2025
19.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/cyprus/ivory-coast | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2022–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.