Adjusted savings: gross savings in Cyprus
Cyprus: Adjusted savings: gross savings was 12.4% in 2021. ▼ Falling
Adjusted savings: gross savings in Cyprus, 1976–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Cyprus is 12.4%, measured in 2021.
The figure is up 14.8% on the previous year and down 23.6% over ten years.
Over the whole period, adjusted savings: gross savings in Cyprus peaked at 27.2% in 1986 and was at its lowest, 9.8%, in 2014.
That places Cyprus 156th out of 178 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Adjusted savings: gross savings in Cyprus, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 16.6% | — |
| 1977 | 19.1% | +15.5% |
| 1978 | 18.1% | -5.4% |
| 1979 | 23.2% | +28.3% |
| 1980 | 22.3% | -4.1% |
| 1981 | 22.3% | +0.4% |
| 1982 | 21.8% | -2.2% |
| 1983 | 20.0% | -8.5% |
| 1984 | 23.4% | +17.0% |
| 1985 | 23.2% | -0.9% |
| 1986 | 27.2% | +17.5% |
| 1987 | 26.0% | -4.4% |
| 1988 | 24.8% | -4.5% |
| 1989 | 26.5% | +6.7% |
| 1990 | 23.2% | -12.4% |
| 1991 | 17.3% | -25.7% |
| 1992 | 18.7% | +8.3% |
| 1993 | 24.9% | +33.4% |
| 1994 | 26.1% | +4.9% |
| 1995 | 22.3% | -14.6% |
| 1996 | 20.4% | -8.7% |
| 1997 | 18.6% | -8.6% |
| 1998 | 24.3% | +30.5% |
| 1999 | 18.9% | -22.1% |
| 2000 | 17.7% | -6.3% |
| 2001 | 17.1% | -3.7% |
| 2002 | 18.4% | +8.1% |
| 2003 | 18.9% | +2.4% |
| 2004 | 18.3% | -3.0% |
| 2005 | 18.2% | -0.9% |
| 2006 | 18.2% | +0.0% |
| 2007 | 14.1% | -22.6% |
| 2008 | 14.4% | +2.6% |
| 2009 | 16.2% | +12.4% |
| 2010 | 13.5% | -16.6% |
| 2011 | 16.3% | +20.2% |
| 2012 | 12.5% | -23.0% |
| 2013 | 11.7% | -6.8% |
| 2014 | 9.8% | -15.5% |
| 2015 | 13.4% | +36.4% |
| 2016 | 14.0% | +4.2% |
| 2017 | 16.2% | +16.0% |
| 2018 | 16.0% | -1.3% |
| 2019 | 15.1% | -5.6% |
| 2020 | 10.8% | -28.4% |
| 2021 | 12.4% | +14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.3% | 16.6% | 23.2% | 4 |
| 1980s | 23.8% | 20.0% | 27.2% | 10 |
| 1990s | 21.5% | 17.3% | 26.1% | 10 |
| 2000s | 17.1% | 14.1% | 18.9% | 10 |
| 2010s | 13.9% | 9.8% | 16.3% | 10 |
| 2020s | 11.6% | 10.8% | 12.4% | 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)
- Gross capital formation (constant 2015 US$), annual growth rate -4.63 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,529 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.83 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.9192 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 27,646 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.29 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.8135 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Cyprus?
- Adjusted savings: gross savings in Cyprus was 12.4% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Cyprus?
- The highest recorded value was 27.2% in 1986.
- What is the lowest adjusted savings: gross savings recorded in Cyprus?
- The lowest recorded value was 9.8% in 2014.
- How does Cyprus rank for adjusted savings: gross savings?
- Cyprus ranks 156th 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 23.6%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.