Merchandise imports from high-income economies in Cyprus

Cyprus: Merchandise imports from high-income economies was 84.7% in 2023. ▼ Falling

Latest (2023)
84.7%
Change on year
up 2.2%
World rank
23rd
of 206 countries
All-time high
95.5%
in 1968
All-time low
80.3%
in 2003
Years of data
64
1960–2023

Merchandise imports from high-income economies in Cyprus, 1960–2023

020406080100196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

The most recent figure for merchandise imports from high-income economies in Cyprus is 84.7%, measured in 2023.

Compared with earlier readings it is up 2.2% on the previous year and down 6.2% over ten years.

Over the whole period, merchandise imports from high-income economies in Cyprus peaked at 95.5% in 1968 and was at its lowest, 80.3%, in 2003.

That places Cyprus 23rd out of 206 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently falling across the 64 years of available data.

Merchandise imports from high-income economies in Cyprus, year by year

Annual values for Merchandise imports from high-income economies (% of total merchandise imports) in Cyprus, 1960 to 2023.
Year % of total merchandise imports Change
1960 94.8%
1961 94.2% -0.7%
1962 93.9% -0.3%
1963 92.2% -1.8%
1964 92.1% -0.2%
1965 94.6% +2.7%
1966 93.8% -0.8%
1967 94.5% +0.7%
1968 95.5% +1.1%
1969 93.8% -1.8%
1970 93.8% +0.1%
1971 94.8% +1.1%
1972 92.8% -2.2%
1973 92.1% -0.7%
1974 89.8% -2.6%
1975 87.3% -2.7%
1976 86.4% -1.0%
1977 86.2% -0.3%
1978 88.6% +2.8%
1979 87.6% -1.1%
1980 83.9% -4.3%
1981 83.8% -0.1%
1982 81.6% -2.6%
1983 84.3% +3.3%
1984 86.0% +2.1%
1985 87.4% +1.6%
1986 89.2% +2.1%
1987 90.3% +1.2%
1988 91.3% +1.1%
1989 90.9% -0.5%
1990 91.0% +0.1%
1991 91.5% +0.6%
1992 91.5% -0.1%
1993 90.5% -1.1%
1994 88.4% -2.3%
1995 88.6% +0.1%
1996 88.2% -0.4%
1997 90.7% +2.8%
1998 89.4% -1.4%
1999 86.6% -3.2%
2000 84.7% -2.1%
2001 84.0% -0.8%
2002 83.7% -0.4%
2003 80.3% -4.1%
2004 86.4% +7.6%
2005 87.6% +1.3%
2006 85.3% -2.5%
2007 85.5% +0.2%
2008 85.9% +0.5%
2009 87.8% +2.2%
2010 87.1% -0.8%
2011 88.0% +1.0%
2012 88.4% +0.4%
2013 90.3% +2.2%
2014 81.1% -10.2%
2015 83.5% +2.9%
2016 84.5% +1.3%
2017 83.9% -0.8%
2018 86.5% +3.1%
2019 86.8% +0.4%
2020 85.1% -2.0%
2021 85.0% -0.2%
2022 82.9% -2.4%
2023 84.7% +2.2%

Cyprus compared with similar countries

  • Cyprus's 84.7% is above the median for high income countries, which is 78.4%, 1.1× the median. (74 countries reporting)
  • Cyprus's 84.7% is above the median for Europe & Central Asia, which is 78.9%, 1.1× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 93.9% 92.1% 95.5% 10
1970s 90.0% 86.2% 94.8% 10
1980s 86.9% 81.6% 91.3% 10
1990s 89.6% 86.6% 91.5% 10
2000s 85.1% 80.3% 87.8% 10
2010s 86.0% 81.1% 90.3% 10
2020s 84.4% 82.9% 85.1% 4

Countries ranked near Cyprus

  1. 20 Barbados 87.1% compare
  2. 21 Micronesia (country) 86.5% compare
  3. 22 Palau 84.8% compare
  4. 24 Belgium 84.6% compare
  5. 25 Malta 84.6% compare
  6. 26 Hungary 84.6% compare

See the full ranking of 253 places →

More private sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is merchandise imports from high-income economies in Cyprus?
Merchandise imports from high-income economies in Cyprus was 84.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from high-income economies recorded in Cyprus?
The highest recorded value was 95.5% in 1968.
What is the lowest merchandise imports from high-income economies recorded in Cyprus?
The lowest recorded value was 80.3% in 2003.
How does Cyprus rank for merchandise imports from high-income economies?
Cyprus ranks 23rd out of 206 countries with data for 2023.
Is merchandise imports from high-income economies rising or falling in Cyprus?
Over the last ten years it is down 6.2%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from high-income economies in Cyprus. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-high-income-economies-percent-of-total-merchandise-imports/cyprus/

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About this data

Indicator
Merchandise imports from high-income economies (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,511 data points, 1960–2023
Last refreshed

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.