The main topic of this study is the qualitative and quantitative analysis of the economy of Cyprus throughout the historical process. The process between the Middle Ages and the British period was summarized. In the introduction, the natural relationship between the economy and humankind and the further extent of this relation was constituted within theorical context. Basically, in this study Cyrus Economy history has been seperated into 4 chapters in order of priorities and it has been studied in detail. The first chapter is a brief summary of Cyprus economy between 1878-1963 and before British period, the second chapter is the economy of Turkish Federated State of Cyprus between 1974-1983, the third chapter is the liberalisation of the economy of Turkish Republic of Northern Cyprus between 1983-2000, the fourth chapter is economic integration period of Turkish Republic of Northern Cyprus between 2000-2015 and in the fifth chapter, there was an attempt to associate the factors that affect economic growth with the related parameters with an empirical study by using regression model. The main framework of chapters 2,3 and 4 was prepared based on the following sub headings; general situation, international situation, sectoral distribution of the GDP, foreign trade and main economic indicators. These sub headings was chosen as the most critical parameters that affect the growth in Cyprus economy and the annual changes in parameters according to this prediction has been associated in the context of how it affected the local economy, politics and foreign policy. At the end of the study Regression model used to analyzed the GDP growth with related variables. Keywords: Gross domestic product, Productivity, Population, Trade