Oil and petroleum products import dependency by country of origin in Cyprus
Cyprus: Oil and petroleum products import dependency by country of origin was 2.2% in 2024. ◆ Volatile
Oil and petroleum products import dependency by country of origin in Cyprus, 2015–2024
Source: Eurostat. Measured in Percentage.
Analysis
In 2024, oil and petroleum products import dependency by country of origin in Cyprus stood at 2.2%.
The figure is up 33.3% on the previous year and down 79.7% over ten years.
Over the whole period, oil and petroleum products import dependency by country of origin in Cyprus peaked at 11.0% in 2015 and was at its lowest, 0.8%, in 2022.
Cyprus ranks 32nd of 51 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil and petroleum products import dependency by country of origin in Cyprus, year by year
| Year | Percentage | Change |
|---|---|---|
| 2015 | 11.0% | — |
| 2016 | 2.2% | -80.1% |
| 2017 | 1.5% | -30.0% |
| 2018 | 1.1% | -29.2% |
| 2019 | 1.2% | +13.8% |
| 2020 | 1.9% | +53.2% |
| 2021 | 3.4% | +81.1% |
| 2022 | 0.8% | -75.6% |
| 2023 | 1.7% | +100.0% |
| 2024 | 2.2% | +33.3% |
Cyprus compared with similar countries
- Cyprus's 2.2% is below the median for Europe & Central Asia, which is 3.1%, 73% of the median. (36 countries reporting)
- Cyprus's 2.2% is below the median for high income countries, which is 3.9%, 58% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.4% | 1.1% | 11.0% | 5 |
| 2020s | 2.0% | 0.8% | 3.4% | 5 |
Countries ranked near Cyprus
More trade data for Cyprus
- Commodity Net Export Price Index, Individual Commodities Weighted by 138.77 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.4 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 117.15 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.84 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 70.22 (2025)
- Imports of low carbon technology products, Percent of GDP 1.37 (2024)
- Imports of low carbon technology products, US dollar (World), per 365.37 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0132 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 15.47 million (2024)
Frequently asked questions
- What is oil and petroleum products import dependency by country of origin in Cyprus?
- Oil and petroleum products import dependency by country of origin in Cyprus was 2.2% in 2024, according to Eurostat.
- What is the highest oil and petroleum products import dependency by country of origin recorded in Cyprus?
- The highest recorded value was 11.0% in 2015.
- What is the lowest oil and petroleum products import dependency by country of origin recorded in Cyprus?
- The lowest recorded value was 0.8% in 2022.
- How does Cyprus rank for oil and petroleum products import dependency by country of origin?
- Cyprus ranks 32nd out of 51 countries with data for 2024.
- Is oil and petroleum products import dependency by country of origin rising or falling in Cyprus?
- Over the last ten years it is down 79.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Oil and petroleum products import dependency by country of origin. Statizoid updates them automatically from the source API.
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