Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Cyprus
Cyprus: Business enterprise R&D expenditure in high-tech sectors by NACE Rev. was 16 Million euro in 2009. ▲ Rising
Latest (2009)
16 Million euro
Change on year
down 5.9%
World rank
47th
of 47 countries
All-time high
17 Million euro
in 2008
All-time low
3 Million euro
in 1998
Years of data
12
1998–2009
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Cyprus, 1998–2009
Source: Eurostat. Measured in Million euro.
Analysis
Cyprus recorded 16 Million euro for business enterprise r&d expenditure in high-tech sectors by nace rev. in 2009.
That represents a change of down 5.9% on the previous year and up 300.0% over ten years.
Over the whole period, business enterprise r&d expenditure in high-tech sectors by nace rev. in Cyprus peaked at 17 Million euro in 2008 and was at its lowest, 3 Million euro, in 1998.
Cyprus ranks 47th of 47 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Business enterprise R&D expenditure in high-tech sectors by NACE Rev. in Cyprus, year by year
| Year | Million euro | Change |
|---|---|---|
| 1998 | 3 Million euro | — |
| 1999 | 4 Million euro | +33.3% |
| 2000 | 5 Million euro | +25.0% |
| 2001 | 5 Million euro | +0.0% |
| 2002 | 7 Million euro | +40.0% |
| 2003 | 9 Million euro | +28.6% |
| 2004 | 10 Million euro | +11.1% |
| 2005 | 12 Million euro | +20.0% |
| 2006 | 14 Million euro | +16.7% |
| 2007 | 16 Million euro | +14.3% |
| 2008 | 17 Million euro | +6.2% |
| 2009 | 16 Million euro | -5.9% |
Cyprus compared with similar countries
- Cyprus's 16 Million euro is below the median for high income countries, which is 1,590 Million euro, 1% of the median. (34 countries reporting)
- Cyprus's 16 Million euro is below the median for Europe & Central Asia, which is 1,284 Million euro, 1% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.5 Million euro | 3 Million euro | 4 Million euro | 2 |
| 2000s | 11.1 Million euro | 5 Million euro | 17 Million euro | 10 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is business enterprise r&d expenditure in high-tech sectors by nace rev. in Cyprus?
- Business enterprise r&d expenditure in high-tech sectors by nace rev. in Cyprus was 16 Million euro in 2009, according to Eurostat.
- What is the highest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Cyprus?
- The highest recorded value was 17 Million euro in 2008.
- What is the lowest business enterprise r&d expenditure in high-tech sectors by nace rev. recorded in Cyprus?
- The lowest recorded value was 3 Million euro in 1998.
- How does Cyprus rank for business enterprise r&d expenditure in high-tech sectors by nace rev.?
- Cyprus ranks 47th out of 47 countries with data for 2009.
- Is business enterprise r&d expenditure in high-tech sectors by nace rev. rising or falling in Cyprus?
- Over the last ten years it is up 300.0%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D expenditure in high-tech sectors by NACE Rev. 1.1 (1993-2009). Statizoid updates them automatically from the source API.
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