Gross capital formation (constant LCU), per square kilometre in Cyprus

Cyprus: Gross capital formation (constant LCU), per square kilometre was 650,605 constant LCU per square kilometre in 2023. ▲ Rising

Latest (2023)
650,605 constant LCU per square kilometre
Change on year
up 12.0%
World rank
103rd
of 166 countries
All-time high
650,605 constant LCU per square kilometre
in 2023
All-time low
109,778 constant LCU per square kilometre
in 1975
Years of data
49
1975–2023

Gross capital formation (constant LCU), per square kilometre in Cyprus, 1975–2023

200.0k400.0k600.0k197519992023

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

In 2023, gross capital formation (constant lcu), per square kilometre in Cyprus stood at 650,605 constant LCU 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 lcu), per square kilometre in Cyprus peaked at 650,605 constant LCU per square kilometre in 2023 and was at its lowest, 109,778 constant LCU per square kilometre, in 1975.

Cyprus ranks 103rd of 166 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 49 years of available data.

Gross capital formation (constant LCU), per square kilometre in Cyprus, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in Cyprus, 1975 to 2023.
Year constant LCU per square kilometre Change
1975 109,778 constant LCU per square kilometre
1976 161,479 constant LCU per square kilometre +47.1%
1977 232,102 constant LCU per square kilometre +43.7%
1978 244,570 constant LCU per square kilometre +5.4%
1979 286,942 constant LCU per square kilometre +17.3%
1980 296,666 constant LCU per square kilometre +3.4%
1981 258,154 constant LCU per square kilometre -13.0%
1982 263,839 constant LCU per square kilometre +2.2%
1983 270,002 constant LCU per square kilometre +2.3%
1984 333,532 constant LCU per square kilometre +23.5%
1985 327,369 constant LCU per square kilometre -1.8%
1986 280,077 constant LCU per square kilometre -14.4%
1987 304,636 constant LCU per square kilometre +8.8%
1988 361,157 constant LCU per square kilometre +18.6%
1989 442,195 constant LCU per square kilometre +22.4%
1990 409,477 constant LCU per square kilometre -7.4%
1991 366,387 constant LCU per square kilometre -10.5%
1992 488,852 constant LCU per square kilometre +33.4%
1993 345,693 constant LCU per square kilometre -29.3%
1994 372,724 constant LCU per square kilometre +7.8%
1995 337,459 constant LCU per square kilometre -9.5%
1996 308,814 constant LCU per square kilometre -8.5%
1997 313,607 constant LCU per square kilometre +1.6%
1998 263,306 constant LCU per square kilometre -16.0%
1999 290,786 constant LCU per square kilometre +10.4%
2000 315,465 constant LCU per square kilometre +8.5%
2001 289,571 constant LCU per square kilometre -8.2%
2002 334,628 constant LCU per square kilometre +15.6%
2003 336,916 constant LCU per square kilometre +0.7%
2004 392,974 constant LCU per square kilometre +16.6%
2005 408,008 constant LCU per square kilometre +3.8%
2006 462,683 constant LCU per square kilometre +13.4%
2007 482,686 constant LCU per square kilometre +4.3%
2008 586,460 constant LCU per square kilometre +21.5%
2009 462,685 constant LCU per square kilometre -21.1%
2010 501,395 constant LCU per square kilometre +8.4%
2011 408,587 constant LCU per square kilometre -18.5%
2012 343,705 constant LCU per square kilometre -15.9%
2013 252,442 constant LCU per square kilometre -26.6%
2014 259,636 constant LCU per square kilometre +2.8%
2015 267,232 constant LCU per square kilometre +2.9%
2016 364,233 constant LCU per square kilometre +36.3%
2017 457,925 constant LCU per square kilometre +25.7%
2018 450,970 constant LCU per square kilometre -1.5%
2019 493,615 constant LCU per square kilometre +9.5%
2020 496,167 constant LCU per square kilometre +0.5%
2021 521,227 constant LCU per square kilometre +5.1%
2022 580,970 constant LCU per square kilometre +11.5%
2023 650,605 constant LCU per square kilometre +12.0%

Cyprus compared with similar countries

  • Cyprus's 650,605 constant LCU per square kilometre is below the median for high income countries, which is 1.60 million constant LCU per square kilometre, 41% of the median. (58 countries reporting)
  • Cyprus's 650,605 constant LCU per square kilometre is below the median for Europe & Central Asia, which is 1.31 million constant LCU per square kilometre, 50% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 206,974 constant LCU per square kilometre 109,778 constant LCU per square kilometre 286,942 constant LCU per square kilometre 5
1980s 313,763 constant LCU per square kilometre 258,154 constant LCU per square kilometre 442,195 constant LCU per square kilometre 10
1990s 349,710 constant LCU per square kilometre 263,306 constant LCU per square kilometre 488,852 constant LCU per square kilometre 10
2000s 407,208 constant LCU per square kilometre 289,571 constant LCU per square kilometre 586,460 constant LCU per square kilometre 10
2010s 379,974 constant LCU per square kilometre 252,442 constant LCU per square kilometre 501,395 constant LCU per square kilometre 10
2020s 562,242 constant LCU per square kilometre 496,167 constant LCU per square kilometre 650,605 constant LCU per square kilometre 4

Countries ranked near Cyprus

  1. 100 Ethiopia 697,715 constant LCU per square kilometre compare
  2. 101 Palestine 693,826 constant LCU per square kilometre compare
  3. 102 Eswatini 687,110 constant LCU per square kilometre compare
  4. 104 Romania 635,449 constant LCU per square kilometre compare
  5. 105 Saudi Arabia 632,677 constant LCU per square kilometre compare
  6. 106 South Africa 587,910 constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in Cyprus?
Gross capital formation (constant lcu), per square kilometre in Cyprus was 650,605 constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in Cyprus?
The highest recorded value was 650,605 constant LCU per square kilometre in 2023.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Cyprus?
The lowest recorded value was 109,778 constant LCU per square kilometre in 1975.
How does Cyprus rank for gross capital formation (constant lcu), per square kilometre?
Cyprus ranks 103rd out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), 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 LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per square kilometre in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/cyprus/

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How this figure is calculated

Gross capital formation (constant LCU) 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 LCU) ÷ Land area (sq. km)

Computed from

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

Indicator
Gross capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) 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.