Adjusted savings: gross savings (current US$) in Cyprus
Cyprus: Adjusted savings: gross savings was 3.23 billion current US$ in 2021. ◆ Volatile
Adjusted savings: gross savings in Cyprus, 1976–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
The most recent figure for adjusted savings: gross savings in Cyprus is 3.23 billion current US$, measured in 2021.
The figure is up 28.4% on the previous year and down 30.0% over ten years.
Over the whole period, adjusted savings: gross savings in Cyprus peaked at 4.61 billion current US$ in 2011 and was at its lowest, 95.79 million current US$, in 1976.
Cyprus ranks 116th of 178 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: gross savings in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 95.79 million current US$ | — |
| 1977 | 142.27 million current US$ | +48.5% |
| 1978 | 176.46 million current US$ | +24.0% |
| 1979 | 301.74 million current US$ | +71.0% |
| 1980 | 484.18 million current US$ | +60.5% |
| 1981 | 470.11 million current US$ | -2.9% |
| 1982 | 475.00 million current US$ | +1.0% |
| 1983 | 431.73 million current US$ | -9.1% |
| 1984 | 533.51 million current US$ | +23.6% |
| 1985 | 564.27 million current US$ | +5.8% |
| 1986 | 831.59 million current US$ | +47.4% |
| 1987 | 954.50 million current US$ | +14.8% |
| 1988 | 1.05 billion current US$ | +10.3% |
| 1989 | 1.20 billion current US$ | +14.2% |
| 1990 | 1.29 billion current US$ | +7.4% |
| 1991 | 990.00 million current US$ | -23.3% |
| 1992 | 1.28 billion current US$ | +29.6% |
| 1993 | 1.63 billion current US$ | +27.3% |
| 1994 | 1.93 billion current US$ | +18.0% |
| 1995 | 2.10 billion current US$ | +9.2% |
| 1996 | 1.94 billion current US$ | -7.8% |
| 1997 | 1.68 billion current US$ | -13.4% |
| 1998 | 2.56 billion current US$ | +52.6% |
| 1999 | 1.87 billion current US$ | -27.0% |
| 2000 | 1.62 billion current US$ | -13.6% |
| 2001 | 1.65 billion current US$ | +1.9% |
| 2002 | 2.00 billion current US$ | +21.3% |
| 2003 | 2.64 billion current US$ | +31.9% |
| 2004 | 2.99 billion current US$ | +13.6% |
| 2005 | 3.17 billion current US$ | +6.0% |
| 2006 | 3.44 billion current US$ | +8.5% |
| 2007 | 3.15 billion current US$ | -8.4% |
| 2008 | 3.95 billion current US$ | +25.3% |
| 2009 | 4.20 billion current US$ | +6.2% |
| 2010 | 3.44 billion current US$ | -18.0% |
| 2011 | 4.61 billion current US$ | +34.0% |
| 2012 | 3.11 billion current US$ | -32.5% |
| 2013 | 2.76 billion current US$ | -11.3% |
| 2014 | 2.23 billion current US$ | -19.3% |
| 2015 | 2.66 billion current US$ | +19.3% |
| 2016 | 2.83 billion current US$ | +6.5% |
| 2017 | 3.61 billion current US$ | +27.8% |
| 2018 | 3.95 billion current US$ | +9.3% |
| 2019 | 3.71 billion current US$ | -6.2% |
| 2020 | 2.51 billion current US$ | -32.2% |
| 2021 | 3.23 billion current US$ | +28.4% |
Cyprus compared with similar countries
- Cyprus's 3.23 billion current US$ is below the median for high income countries, which is 47.18 billion current US$, 7% of the median. (62 countries reporting)
- Cyprus's 3.23 billion current US$ is below the median for Europe & Central Asia, which is 22.92 billion current US$, 14% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 179.06 million current US$ | 95.79 million current US$ | 301.74 million current US$ | 4 |
| 1980s | 699.93 million current US$ | 431.73 million current US$ | 1.20 billion current US$ | 10 |
| 1990s | 1.73 billion current US$ | 990.00 million current US$ | 2.56 billion current US$ | 10 |
| 2000s | 2.88 billion current US$ | 1.62 billion current US$ | 4.20 billion current US$ | 10 |
| 2010s | 3.29 billion current US$ | 2.23 billion current US$ | 4.61 billion current US$ | 10 |
| 2020s | 2.87 billion current US$ | 2.51 billion current US$ | 3.23 billion current US$ | 2 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Cyprus?
- Adjusted savings: gross savings in Cyprus was 3.23 billion current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Cyprus?
- The highest recorded value was 4.61 billion current US$ in 2011.
- What is the lowest adjusted savings: gross savings recorded in Cyprus?
- The lowest recorded value was 95.79 million current US$ in 1976.
- How does Cyprus rank for adjusted savings: gross savings?
- Cyprus ranks 116th out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Cyprus?
- Over the last ten years it is down 30.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.