Annual growth of the gross capital formation in Cyprus
Cyprus: Annual growth of the gross capital formation was 0.6% in 2024. ◆ Volatile
Latest (2024)
0.6%
Change on year
down 94.4%
World rank
108th
of 174 countries
All-time high
36.3%
in 2016
All-time low
-26.6%
in 2013
Years of data
25
2000–2024
Annual growth of the gross capital formation in Cyprus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Cyprus stood at 0.6%.
The figure is down 94.4% on the previous year and down 77.8% over ten years.
Over the whole period, annual growth of the gross capital formation in Cyprus peaked at 36.3% in 2016 and was at its lowest, -26.6%, in 2013.
Cyprus ranks 108th of 174 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.
Annual growth of the gross capital formation in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.5% | — |
| 2001 | -8.2% | -196.7% |
| 2002 | 15.6% | -289.6% |
| 2003 | 0.7% | -95.6% |
| 2004 | 16.6% | +2333.4% |
| 2005 | 3.8% | -77.0% |
| 2006 | 13.4% | +250.3% |
| 2007 | 4.3% | -67.7% |
| 2008 | 21.5% | +397.3% |
| 2009 | -21.1% | -198.2% |
| 2010 | 8.4% | -139.6% |
| 2011 | -18.5% | -321.2% |
| 2012 | -15.9% | -14.2% |
| 2013 | -26.6% | +67.2% |
| 2014 | 2.9% | -110.7% |
| 2015 | 2.9% | +2.6% |
| 2016 | 36.3% | +1140.8% |
| 2017 | 25.7% | -29.1% |
| 2018 | -1.5% | -105.9% |
| 2019 | 9.5% | -722.5% |
| 2020 | 0.5% | -94.5% |
| 2021 | 5.1% | +877.2% |
| 2022 | 11.3% | +124.4% |
| 2023 | 11.3% | -0.4% |
| 2024 | 0.6% | -94.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.5% | -21.1% | 21.5% | 10 |
| 2010s | 2.3% | -26.6% | 36.3% | 10 |
| 2020s | 5.8% | 0.5% | 11.3% | 5 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 3.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5009 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 15,066 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.484 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 14,556 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.68 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Cyprus?
- Annual growth of the gross capital formation in Cyprus was 0.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Cyprus?
- The highest recorded value was 36.3% in 2016.
- What is the lowest annual growth of the gross capital formation recorded in Cyprus?
- The lowest recorded value was -26.6% in 2013.
- How does Cyprus rank for annual growth of the gross capital formation?
- Cyprus ranks 108th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Cyprus?
- Over the last ten years it is down 77.8%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).