Gross capital formation (constant 2015 US$), per square kilometre in Cyprus
Cyprus: Gross capital formation (constant 2015 US$), per square kilometre was 698,884 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Latest (2023)
698,884 constant 2015 US$ per square kilometre
Change on year
up 12.0%
World rank
32nd
of 160 countries
All-time high
698,884 constant 2015 US$ per square kilometre
in 2023
All-time low
117,924 constant 2015 US$ per square kilometre
in 1975
Years of data
49
1975–2023
Gross capital formation (constant 2015 US$), per square kilometre in Cyprus, 1975–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross capital formation (constant 2015 us$), per square kilometre in Cyprus stood at 698,884 constant 2015 US$ per square kilometre. That is the highest value across all 49 years on record.
The figure is up 12.0% on the previous year and up 157.7% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per square kilometre in Cyprus peaked at 698,884 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 117,924 constant 2015 US$ per square kilometre, in 1975.
That places Cyprus 32nd out of 160 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross capital formation (constant 2015 US$), per square kilometre in Cyprus, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1975 | 117,924 constant 2015 US$ per square kilometre | — |
| 1976 | 173,462 constant 2015 US$ per square kilometre | +47.1% |
| 1977 | 249,325 constant 2015 US$ per square kilometre | +43.7% |
| 1978 | 262,719 constant 2015 US$ per square kilometre | +5.4% |
| 1979 | 308,234 constant 2015 US$ per square kilometre | +17.3% |
| 1980 | 318,680 constant 2015 US$ per square kilometre | +3.4% |
| 1981 | 277,311 constant 2015 US$ per square kilometre | -13.0% |
| 1982 | 283,417 constant 2015 US$ per square kilometre | +2.2% |
| 1983 | 290,038 constant 2015 US$ per square kilometre | +2.3% |
| 1984 | 358,282 constant 2015 US$ per square kilometre | +23.5% |
| 1985 | 351,662 constant 2015 US$ per square kilometre | -1.8% |
| 1986 | 300,859 constant 2015 US$ per square kilometre | -14.4% |
| 1987 | 327,242 constant 2015 US$ per square kilometre | +8.8% |
| 1988 | 387,957 constant 2015 US$ per square kilometre | +18.6% |
| 1989 | 475,008 constant 2015 US$ per square kilometre | +22.4% |
| 1990 | 439,863 constant 2015 US$ per square kilometre | -7.4% |
| 1991 | 393,576 constant 2015 US$ per square kilometre | -10.5% |
| 1992 | 525,128 constant 2015 US$ per square kilometre | +33.4% |
| 1993 | 371,345 constant 2015 US$ per square kilometre | -29.3% |
| 1994 | 400,382 constant 2015 US$ per square kilometre | +7.8% |
| 1995 | 362,500 constant 2015 US$ per square kilometre | -9.5% |
| 1996 | 331,729 constant 2015 US$ per square kilometre | -8.5% |
| 1997 | 336,878 constant 2015 US$ per square kilometre | +1.6% |
| 1998 | 282,845 constant 2015 US$ per square kilometre | -16.0% |
| 1999 | 312,364 constant 2015 US$ per square kilometre | +10.4% |
| 2000 | 338,874 constant 2015 US$ per square kilometre | +8.5% |
| 2001 | 311,060 constant 2015 US$ per square kilometre | -8.2% |
| 2002 | 359,459 constant 2015 US$ per square kilometre | +15.6% |
| 2003 | 361,917 constant 2015 US$ per square kilometre | +0.7% |
| 2004 | 422,135 constant 2015 US$ per square kilometre | +16.6% |
| 2005 | 438,284 constant 2015 US$ per square kilometre | +3.8% |
| 2006 | 497,016 constant 2015 US$ per square kilometre | +13.4% |
| 2007 | 518,503 constant 2015 US$ per square kilometre | +4.3% |
| 2008 | 629,978 constant 2015 US$ per square kilometre | +21.5% |
| 2009 | 497,018 constant 2015 US$ per square kilometre | -21.1% |
| 2010 | 538,601 constant 2015 US$ per square kilometre | +8.4% |
| 2011 | 438,906 constant 2015 US$ per square kilometre | -18.5% |
| 2012 | 369,210 constant 2015 US$ per square kilometre | -15.9% |
| 2013 | 271,174 constant 2015 US$ per square kilometre | -26.6% |
| 2014 | 278,903 constant 2015 US$ per square kilometre | +2.9% |
| 2015 | 287,062 constant 2015 US$ per square kilometre | +2.9% |
| 2016 | 391,261 constant 2015 US$ per square kilometre | +36.3% |
| 2017 | 491,906 constant 2015 US$ per square kilometre | +25.7% |
| 2018 | 484,434 constant 2015 US$ per square kilometre | -1.5% |
| 2019 | 530,244 constant 2015 US$ per square kilometre | +9.5% |
| 2020 | 532,985 constant 2015 US$ per square kilometre | +0.5% |
| 2021 | 559,906 constant 2015 US$ per square kilometre | +5.1% |
| 2022 | 624,080 constant 2015 US$ per square kilometre | +11.5% |
| 2023 | 698,884 constant 2015 US$ per square kilometre | +12.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 222,333 constant 2015 US$ per square kilometre | 117,924 constant 2015 US$ per square kilometre | 308,234 constant 2015 US$ per square kilometre | 5 |
| 1980s | 337,046 constant 2015 US$ per square kilometre | 277,311 constant 2015 US$ per square kilometre | 475,008 constant 2015 US$ per square kilometre | 10 |
| 1990s | 375,661 constant 2015 US$ per square kilometre | 282,845 constant 2015 US$ per square kilometre | 525,128 constant 2015 US$ per square kilometre | 10 |
| 2000s | 437,424 constant 2015 US$ per square kilometre | 311,060 constant 2015 US$ per square kilometre | 629,978 constant 2015 US$ per square kilometre | 10 |
| 2010s | 408,170 constant 2015 US$ per square kilometre | 271,174 constant 2015 US$ per square kilometre | 538,601 constant 2015 US$ per square kilometre | 10 |
| 2020s | 603,964 constant 2015 US$ per square kilometre | 532,985 constant 2015 US$ per square kilometre | 698,884 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Cyprus
- 29 Bangladesh 786,521 constant 2015 US$ per square kilometre compare
- 30 Brunei Darussalam 782,571 constant 2015 US$ per square kilometre compare
- 31 China 747,736 constant 2015 US$ per square kilometre compare
- 33 Palestine, State of 693,826 constant 2015 US$ per square kilometre compare
- 34 Dominican Republic 593,473 constant 2015 US$ per square kilometre compare
- 35 Slovenia 590,206 constant 2015 US$ per square kilometre 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)
- Gross capital formation (constant 2015 US$), annual growth rate -4.63 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,529 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.83 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.9192 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 27,646 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.29 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.8135 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), per square kilometre in Cyprus?
- Gross capital formation (constant 2015 us$), per square kilometre in Cyprus was 698,884 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per square kilometre recorded in Cyprus?
- The highest recorded value was 698,884 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross capital formation (constant 2015 us$), per square kilometre recorded in Cyprus?
- The lowest recorded value was 117,924 constant 2015 US$ per square kilometre in 1975.
- How does Cyprus rank for gross capital formation (constant 2015 us$), per square kilometre?
- Cyprus ranks 32nd out of 160 countries with data for 2023.
- Is gross capital formation (constant 2015 us$), per square kilometre rising or falling in Cyprus?
- Over the last ten years it is up 157.7%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.