Adjusted savings: net national savings in Cyprus
Cyprus: Adjusted savings: net national savings was -2.1% in 2021. ◆ Volatile
Adjusted savings: net national savings in Cyprus, 1976–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: net national savings in Cyprus is -2.1%, measured in 2021.
That represents a change of up 27.2% on the previous year and down 148.0% over ten years.
Over the whole period, adjusted savings: net national savings in Cyprus peaked at 13.4% in 1986 and was at its lowest, -4.4%, in 2014.
That places Cyprus 158th out of 177 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Cyprus, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1976 | 5.8% | — |
| 1977 | 8.8% | +53.4% |
| 1978 | 7.2% | -18.0% |
| 1979 | 12.0% | +66.0% |
| 1980 | 10.4% | -13.2% |
| 1981 | 9.6% | -7.9% |
| 1982 | 9.1% | -5.3% |
| 1983 | 6.8% | -25.6% |
| 1984 | 10.0% | +47.8% |
| 1985 | 9.4% | -5.5% |
| 1986 | 13.4% | +42.1% |
| 1987 | 12.2% | -8.9% |
| 1988 | 11.1% | -9.4% |
| 1989 | 12.7% | +15.0% |
| 1990 | 9.4% | -25.9% |
| 1991 | 3.5% | -63.4% |
| 1992 | 4.9% | +40.5% |
| 1993 | 11.1% | +128.8% |
| 1994 | 12.3% | +10.9% |
| 1995 | 8.2% | -33.5% |
| 1996 | 5.8% | -29.3% |
| 1997 | 3.9% | -32.6% |
| 1998 | 11.1% | +184.7% |
| 1999 | 5.2% | -52.9% |
| 2000 | 4.0% | -23.6% |
| 2001 | 4.1% | +1.7% |
| 2002 | 5.7% | +39.5% |
| 2003 | 6.5% | +14.3% |
| 2004 | 5.8% | -11.2% |
| 2005 | 5.8% | +1.1% |
| 2006 | 6.0% | +3.2% |
| 2007 | 2.1% | -65.6% |
| 2008 | 2.8% | +35.3% |
| 2009 | 4.3% | +54.2% |
| 2010 | 1.2% | -71.4% |
| 2011 | 4.4% | +257.0% |
| 2012 | -0.1% | -102.8% |
| 2013 | -2.1% | +1582.6% |
| 2014 | -4.4% | +114.2% |
| 2015 | -0.1% | -96.7% |
| 2016 | 0.9% | -729.8% |
| 2017 | 3.7% | +309.5% |
| 2018 | 3.8% | +0.6% |
| 2019 | 2.9% | -23.9% |
| 2020 | -2.9% | -201.7% |
| 2021 | -2.1% | -27.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.5% | 5.8% | 12.0% | 4 |
| 1980s | 10.5% | 6.8% | 13.4% | 10 |
| 1990s | 7.5% | 3.5% | 12.3% | 10 |
| 2000s | 4.7% | 2.1% | 6.5% | 10 |
| 2010s | 1.0% | -4.4% | 4.4% | 10 |
| 2020s | -2.5% | -2.9% | -2.1% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 18,409 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 7.25 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9435 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 28,376 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.73 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.835 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 25,112 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.41 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Cyprus?
- Adjusted savings: net national savings in Cyprus was -2.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Cyprus?
- The highest recorded value was 13.4% in 1986.
- What is the lowest adjusted savings: net national savings recorded in Cyprus?
- The lowest recorded value was -4.4% in 2014.
- How does Cyprus rank for adjusted savings: net national savings?
- Cyprus ranks 158th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Cyprus?
- Over the last ten years it is down 148.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.