Chemicals in Cyprus
Cyprus: Chemicals was 12.2% in 2023. ◆ Volatile
Chemicals in Cyprus, 1963–2023
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2023, chemicals in Cyprus stood at 12.2%.
The figure is down 4.1% on the previous year and up 6.2% over ten years.
Over the whole period, chemicals in Cyprus peaked at 16.5% in 2020 and was at its lowest, 3.0%, in 1972.
Cyprus ranks 46th of 153 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.
Chemicals in Cyprus, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 3.1% | — |
| 1964 | 4.4% | +39.7% |
| 1965 | 3.8% | -12.2% |
| 1966 | 3.1% | -18.7% |
| 1967 | 3.6% | +14.7% |
| 1968 | 3.6% | +1.8% |
| 1969 | 3.3% | -8.5% |
| 1970 | 3.5% | +5.6% |
| 1971 | 3.5% | -1.5% |
| 1972 | 3.0% | -14.2% |
| 1973 | 3.1% | +3.7% |
| 1974 | 3.7% | +19.2% |
| 1975 | 3.4% | -8.6% |
| 1976 | 3.6% | +7.2% |
| 1977 | 5.1% | +40.6% |
| 1978 | 3.7% | -26.6% |
| 1979 | 3.2% | -13.7% |
| 1980 | 3.6% | +11.9% |
| 1981 | 3.4% | -5.2% |
| 1982 | 3.6% | +5.4% |
| 1983 | 4.0% | +12.8% |
| 1984 | 3.3% | -17.2% |
| 1985 | 3.6% | +8.0% |
| 1986 | 3.7% | +2.5% |
| 1987 | 3.9% | +5.1% |
| 1988 | 4.4% | +12.3% |
| 1989 | 4.2% | -3.3% |
| 1990 | 3.9% | -8.0% |
| 1991 | 4.3% | +10.4% |
| 1992 | 4.3% | +1.5% |
| 1993 | 5.2% | +19.5% |
| 1994 | 5.7% | +9.7% |
| 1995 | 5.2% | -8.8% |
| 1996 | 4.9% | -5.2% |
| 1997 | 5.1% | +4.7% |
| 1998 | 5.4% | +5.5% |
| 1999 | 5.5% | +1.2% |
| 2000 | 6.3% | +14.2% |
| 2001 | 6.0% | -4.9% |
| 2002 | 5.7% | -4.9% |
| 2003 | 5.4% | -4.8% |
| 2004 | 5.7% | +4.8% |
| 2008 | 6.4% | +13.4% |
| 2009 | 6.6% | +2.8% |
| 2010 | 7.7% | +16.4% |
| 2011 | 8.2% | +7.4% |
| 2012 | 9.3% | +12.8% |
| 2013 | 11.5% | +24.0% |
| 2014 | 11.8% | +2.7% |
| 2015 | 12.4% | +5.0% |
| 2016 | 12.3% | -1.2% |
| 2017 | 13.0% | +6.1% |
| 2018 | 12.7% | -2.7% |
| 2019 | 13.3% | +4.6% |
| 2020 | 16.5% | +24.2% |
| 2021 | 12.8% | -22.6% |
| 2022 | 12.8% | -0.0% |
| 2023 | 12.2% | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.6% | 3.1% | 4.4% | 7 |
| 1970s | 3.6% | 3.0% | 5.1% | 10 |
| 1980s | 3.8% | 3.3% | 4.4% | 10 |
| 1990s | 5.0% | 3.9% | 5.7% | 10 |
| 2000s | 6.0% | 5.4% | 6.6% | 7 |
| 2010s | 11.2% | 7.7% | 13.3% | 10 |
| 2020s | 13.6% | 12.2% | 16.5% | 4 |
Countries ranked near Cyprus
- 43 Somalia 12.7% compare
- 44 Egypt 12.6% compare
- 45 Hong Kong, China 12.4% compare
- 47 Republic of Korea 12.1% compare
- 48 Russian Federation 11.7% compare
- 49 Spain 11.6% compare
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)
- Exports of goods and services (current LCU), annual growth rate 5.53 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.8635 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 25,970 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8463 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 25,452 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 6.8 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2003 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is chemicals in Cyprus?
- Chemicals in Cyprus was 12.2% in 2023, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Cyprus?
- The highest recorded value was 16.5% in 2020.
- What is the lowest chemicals recorded in Cyprus?
- The lowest recorded value was 3.0% in 1972.
- How does Cyprus rank for chemicals?
- Cyprus ranks 46th out of 153 countries with data for 2023.
- Is chemicals rising or falling in Cyprus?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).