CY · 2023 · rd_e_gerdtot
GERD by sector of performance
Cyprus, 2023
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.