Gross capital formation in Cyprus
Cyprus: Gross capital formation was 6.21 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
6.21 billion constant 2015 US$
Change on year
down 4.6%
World rank
98th
of 163 countries
All-time high
6.51 billion constant 2015 US$
in 2024
All-time low
1.09 billion constant 2015 US$
in 1975
Years of data
51
1975–2025
Gross capital formation in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Cyprus is 6.21 billion constant 2015 US$, measured in 2025.
Compared with earlier readings it is down 4.6% on the previous year and up 134.1% over ten years.
Over the whole period, gross capital formation in Cyprus peaked at 6.51 billion constant 2015 US$ in 2024 and was at its lowest, 1.09 billion constant 2015 US$, in 1975.
That places Cyprus 98th out of 163 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross capital formation in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 1.09 billion constant 2015 US$ | — |
| 1976 | 1.60 billion constant 2015 US$ | +47.1% |
| 1977 | 2.30 billion constant 2015 US$ | +43.7% |
| 1978 | 2.43 billion constant 2015 US$ | +5.4% |
| 1979 | 2.85 billion constant 2015 US$ | +17.3% |
| 1980 | 2.94 billion constant 2015 US$ | +3.4% |
| 1981 | 2.56 billion constant 2015 US$ | -13.0% |
| 1982 | 2.62 billion constant 2015 US$ | +2.2% |
| 1983 | 2.68 billion constant 2015 US$ | +2.3% |
| 1984 | 3.31 billion constant 2015 US$ | +23.5% |
| 1985 | 3.25 billion constant 2015 US$ | -1.8% |
| 1986 | 2.78 billion constant 2015 US$ | -14.4% |
| 1987 | 3.02 billion constant 2015 US$ | +8.8% |
| 1988 | 3.58 billion constant 2015 US$ | +18.6% |
| 1989 | 4.39 billion constant 2015 US$ | +22.4% |
| 1990 | 4.06 billion constant 2015 US$ | -7.4% |
| 1991 | 3.64 billion constant 2015 US$ | -10.5% |
| 1992 | 4.85 billion constant 2015 US$ | +33.4% |
| 1993 | 3.43 billion constant 2015 US$ | -29.3% |
| 1994 | 3.70 billion constant 2015 US$ | +7.8% |
| 1995 | 3.35 billion constant 2015 US$ | -9.5% |
| 1996 | 3.07 billion constant 2015 US$ | -8.5% |
| 1997 | 3.11 billion constant 2015 US$ | +1.6% |
| 1998 | 2.61 billion constant 2015 US$ | -16.0% |
| 1999 | 2.89 billion constant 2015 US$ | +10.4% |
| 2000 | 3.13 billion constant 2015 US$ | +8.5% |
| 2001 | 2.87 billion constant 2015 US$ | -8.2% |
| 2002 | 3.32 billion constant 2015 US$ | +15.6% |
| 2003 | 3.34 billion constant 2015 US$ | +0.7% |
| 2004 | 3.90 billion constant 2015 US$ | +16.6% |
| 2005 | 4.05 billion constant 2015 US$ | +3.8% |
| 2006 | 4.59 billion constant 2015 US$ | +13.4% |
| 2007 | 4.79 billion constant 2015 US$ | +4.3% |
| 2008 | 5.82 billion constant 2015 US$ | +21.5% |
| 2009 | 4.59 billion constant 2015 US$ | -21.1% |
| 2010 | 4.98 billion constant 2015 US$ | +8.4% |
| 2011 | 4.06 billion constant 2015 US$ | -18.5% |
| 2012 | 3.41 billion constant 2015 US$ | -15.9% |
| 2013 | 2.51 billion constant 2015 US$ | -26.6% |
| 2014 | 2.58 billion constant 2015 US$ | +2.8% |
| 2015 | 2.65 billion constant 2015 US$ | +2.9% |
| 2016 | 3.62 billion constant 2015 US$ | +36.3% |
| 2017 | 4.55 billion constant 2015 US$ | +25.7% |
| 2018 | 4.48 billion constant 2015 US$ | -1.5% |
| 2019 | 4.90 billion constant 2015 US$ | +9.5% |
| 2020 | 4.92 billion constant 2015 US$ | +0.5% |
| 2021 | 5.17 billion constant 2015 US$ | +5.1% |
| 2022 | 5.77 billion constant 2015 US$ | +11.5% |
| 2023 | 6.46 billion constant 2015 US$ | +12.0% |
| 2024 | 6.51 billion constant 2015 US$ | +0.8% |
| 2025 | 6.21 billion constant 2015 US$ | -4.6% |
Cyprus compared with similar countries
- Cyprus's 6.21 billion constant 2015 US$ is below the median for high income countries, which is 50.23 billion constant 2015 US$, 12% of the median. (58 countries reporting)
- Cyprus's 6.21 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 21.86 billion constant 2015 US$, 28% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.05 billion constant 2015 US$ | 1.09 billion constant 2015 US$ | 2.85 billion constant 2015 US$ | 5 |
| 1980s | 3.11 billion constant 2015 US$ | 2.56 billion constant 2015 US$ | 4.39 billion constant 2015 US$ | 10 |
| 1990s | 3.47 billion constant 2015 US$ | 2.61 billion constant 2015 US$ | 4.85 billion constant 2015 US$ | 10 |
| 2000s | 4.04 billion constant 2015 US$ | 2.87 billion constant 2015 US$ | 5.82 billion constant 2015 US$ | 10 |
| 2010s | 3.77 billion constant 2015 US$ | 2.51 billion constant 2015 US$ | 4.98 billion constant 2015 US$ | 10 |
| 2020s | 5.84 billion constant 2015 US$ | 4.92 billion constant 2015 US$ | 6.51 billion constant 2015 US$ | 6 |
Countries ranked near Cyprus
- 95 Bosnia and Herzegovina 6.95 billion constant 2015 US$ compare
- 96 Puerto Rico 6.61 billion constant 2015 US$ compare
- 97 Bolivia 6.40 billion constant 2015 US$ compare
- 99 Botswana 6.18 billion constant 2015 US$ compare
- 100 Iceland 6.12 billion constant 2015 US$ compare
- 101 Benin 5.97 billion constant 2015 US$ 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)
- 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Cyprus?
- Gross capital formation in Cyprus was 6.21 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Cyprus?
- The highest recorded value was 6.51 billion constant 2015 US$ in 2024.
- What is the lowest gross capital formation recorded in Cyprus?
- The lowest recorded value was 1.09 billion constant 2015 US$ in 1975.
- How does Cyprus rank for gross capital formation?
- Cyprus ranks 98th out of 163 countries with data for 2025.
- Is gross capital formation rising or falling in Cyprus?
- Over the last ten years it is up 134.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.