Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 in Cyprus
Cyprus: Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 was 850 Full-time equivalent (FTE) in 2024. ◆ Volatile
Latest (2024)
850 Full-time equivalent (FTE)
Change on year
up 3.3%
World rank
50th
of 54 countries
All-time high
850 Full-time equivalent (FTE)
in 2024
All-time low
240 Full-time equivalent (FTE)
in 2012
Years of data
20
2005–2024
Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 in Cyprus, 2005–2024
Source: Eurostat. Measured in Full-time equivalent (FTE).
Analysis
In 2024, business enterprise r&d personnel in high-tech sectors by nace rev. 2 in Cyprus stood at 850 Full-time equivalent (FTE). That is the highest value across all 20 years on record.
That represents a change of up 3.3% on the previous year and up 218.1% over ten years.
Over the whole period, business enterprise r&d personnel in high-tech sectors by nace rev. 2 in Cyprus peaked at 850 Full-time equivalent (FTE) in 2024 and was at its lowest, 240 Full-time equivalent (FTE), in 2012.
Cyprus ranks 50th of 54 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2 in Cyprus, year by year
| Year | Full-time equivalent (FTE) | Change |
|---|---|---|
| 2005 | 260.9 Full-time equivalent (FTE) | — |
| 2006 | 310.3 Full-time equivalent (FTE) | +18.9% |
| 2007 | 295.6 Full-time equivalent (FTE) | -4.7% |
| 2008 | 326.7 Full-time equivalent (FTE) | +10.5% |
| 2009 | 326.9 Full-time equivalent (FTE) | +0.1% |
| 2010 | 299.3 Full-time equivalent (FTE) | -8.4% |
| 2011 | 270 Full-time equivalent (FTE) | -9.8% |
| 2012 | 240 Full-time equivalent (FTE) | -11.1% |
| 2013 | 251.6 Full-time equivalent (FTE) | +4.8% |
| 2014 | 267.2 Full-time equivalent (FTE) | +6.2% |
| 2015 | 255.9 Full-time equivalent (FTE) | -4.2% |
| 2016 | 360.9 Full-time equivalent (FTE) | +41.0% |
| 2017 | 416.3 Full-time equivalent (FTE) | +15.4% |
| 2018 | 649.8 Full-time equivalent (FTE) | +56.1% |
| 2019 | 745.6 Full-time equivalent (FTE) | +14.7% |
| 2020 | 798.9 Full-time equivalent (FTE) | +7.1% |
| 2021 | 798.1 Full-time equivalent (FTE) | -0.1% |
| 2022 | 797.9 Full-time equivalent (FTE) | -0.0% |
| 2023 | 822.9 Full-time equivalent (FTE) | +3.1% |
| 2024 | 850 Full-time equivalent (FTE) | +3.3% |
Cyprus compared with similar countries
- Cyprus's 850 Full-time equivalent (FTE) is below the median for Europe & Central Asia, which is 28,882 Full-time equivalent (FTE), 3% of the median. (35 countries reporting)
- Cyprus's 850 Full-time equivalent (FTE) is below the median for high income countries, which is 45,135 Full-time equivalent (FTE), 2% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 304.08 Full-time equivalent (FTE) | 260.9 Full-time equivalent (FTE) | 326.9 Full-time equivalent (FTE) | 5 |
| 2010s | 375.66 Full-time equivalent (FTE) | 240 Full-time equivalent (FTE) | 745.6 Full-time equivalent (FTE) | 10 |
| 2020s | 813.56 Full-time equivalent (FTE) | 797.9 Full-time equivalent (FTE) | 850 Full-time equivalent (FTE) | 5 |
Countries ranked near Cyprus
- 47 Latvia 2,244 Full-time equivalent (FTE) compare
- 48 Latvia 2,082 Full-time equivalent (FTE) compare
- 49 Malta 1,577 Full-time equivalent (FTE) compare
- 51 North Macedonia 556 Full-time equivalent (FTE) compare
- 51 North Macedonia 556 Full-time equivalent (FTE) compare
- 53 Bosnia and Herzegovina 352 Full-time equivalent (FTE) compare
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
Frequently asked questions
- What is business enterprise r&d personnel in high-tech sectors by nace rev. 2 in Cyprus?
- Business enterprise r&d personnel in high-tech sectors by nace rev. 2 in Cyprus was 850 Full-time equivalent (FTE) in 2024, according to Eurostat.
- What is the highest business enterprise r&d personnel in high-tech sectors by nace rev. 2 recorded in Cyprus?
- The highest recorded value was 850 Full-time equivalent (FTE) in 2024.
- What is the lowest business enterprise r&d personnel in high-tech sectors by nace rev. 2 recorded in Cyprus?
- The lowest recorded value was 240 Full-time equivalent (FTE) in 2012.
- How does Cyprus rank for business enterprise r&d personnel in high-tech sectors by nace rev. 2?
- Cyprus ranks 50th out of 54 countries with data for 2024.
- Is business enterprise r&d personnel in high-tech sectors by nace rev. 2 rising or falling in Cyprus?
- Over the last ten years it is up 218.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Business enterprise R&D personnel in high-tech sectors by NACE Rev. 2. Statizoid updates them automatically from the source API.
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