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Cyprus Output Gap, Percent of Potential GDP Statistics

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Country or Region: Cyprus › Change country
Economic Indicator: Output Gap, Percent of Potential GDP › See all Cyprus indicators, › See Output Gap, Percent of Potential GDP data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Output gaps for advanced economies are calculated as actual GDP less potential GDP as a percent of potential GDP. Estimates of output gaps are subject to a significant margin of uncertainty. See notes for: Gross domestic product, constant prices (National currency).

Output Gap, Percent of Potential GDP Statistics for Cyprus , Year 2010 - In Detail

Output Gap, Percent of Potential GDP for Cyprus in year 2010 is -0.928 %

This makes Cyprus No. 5 in world rankings according to Output Gap, Percent of Potential GDP in year 2010. The world's average Output Gap, Percent of Potential GDP value is -0.36 %; Cyprus is 0.57 less than the average.

In the previous year, 2009, Output Gap, Percent of Potential GDP for Cyprus was -0.51 % Output Gap, Percent of Potential GDP for Cyprus in 2010 was or will be 83.76% more than it was or will be in 2009.

In the following or forecasted year, 2011, Output Gap, Percent of Potential GDP for Cyprus was or will be -0.82 %, which is 12.07% less than the 2010 figure.

* Source: IMF
Output Gap, Percent of Potential GDP for Cyprus, in other Years
Year %
  2016 n/a
  2015 n/a
  2014 n/a
  2013 n/a
  2012 -0.502
  2011 -0.816
2010 -0.928
  2009 -0.505
  2008 2.911
  2007 1.723
  2006 -0.194
  2005 -0.72
  2004 -0.928
  2003 -1.523
  2002 -0.081
  2001 1.236
  2000 0.922
  1999 -0.098
  1998 -0.762
  1997 -1.484
  1996 0.484
  1995 3.202
  1994 -1.528
  1993 -2.339
  1992 1.919
  1991 -1.867
  1990 2.772
  1989 1.32
  1988 -0.414
  1987 -2.166
  1986 -2.866
  1985 -0.383
  1984 0.982
  1983 -1.45
  1982 -0.619
  1981 -0.69
  1980 2.44