Gross capital formation in Cyprus

Cyprus: Gross capital formation was 5.78 billion constant LCU in 2025. ▲ Rising

Latest (2025)
5.78 billion constant LCU
Change on year
down 4.6%
World rank
142nd
of 170 countries
All-time high
6.06 billion constant LCU
in 2024
All-time low
1.01 billion constant LCU
in 1975
Years of data
51
1975–2025

Gross capital formation in Cyprus, 1975–2025

2.0B4.0B6.0B197520002025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

Cyprus recorded 5.78 billion constant LCU for gross capital formation in 2025.

The figure 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 6.06 billion constant LCU in 2024 and was at its lowest, 1.01 billion constant LCU, in 1975.

Cyprus ranks 142nd of 170 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 51 years of available data.

Gross capital formation in Cyprus, year by year

Annual values for Gross capital formation (constant LCU) in Cyprus, 1975 to 2025.
Year constant LCU Change
1975 1.01 billion constant LCU
1976 1.49 billion constant LCU +47.1%
1977 2.14 billion constant LCU +43.7%
1978 2.26 billion constant LCU +5.4%
1979 2.65 billion constant LCU +17.3%
1980 2.74 billion constant LCU +3.4%
1981 2.39 billion constant LCU -13.0%
1982 2.44 billion constant LCU +2.2%
1983 2.49 billion constant LCU +2.3%
1984 3.08 billion constant LCU +23.5%
1985 3.02 billion constant LCU -1.8%
1986 2.59 billion constant LCU -14.4%
1987 2.81 billion constant LCU +8.8%
1988 3.34 billion constant LCU +18.6%
1989 4.09 billion constant LCU +22.4%
1990 3.78 billion constant LCU -7.4%
1991 3.39 billion constant LCU -10.5%
1992 4.52 billion constant LCU +33.4%
1993 3.19 billion constant LCU -29.3%
1994 3.44 billion constant LCU +7.8%
1995 3.12 billion constant LCU -9.5%
1996 2.85 billion constant LCU -8.5%
1997 2.90 billion constant LCU +1.6%
1998 2.43 billion constant LCU -16.0%
1999 2.69 billion constant LCU +10.4%
2000 2.91 billion constant LCU +8.5%
2001 2.68 billion constant LCU -8.2%
2002 3.09 billion constant LCU +15.6%
2003 3.11 billion constant LCU +0.7%
2004 3.63 billion constant LCU +16.6%
2005 3.77 billion constant LCU +3.8%
2006 4.28 billion constant LCU +13.4%
2007 4.46 billion constant LCU +4.3%
2008 5.42 billion constant LCU +21.5%
2009 4.28 billion constant LCU -21.1%
2010 4.63 billion constant LCU +8.4%
2011 3.78 billion constant LCU -18.5%
2012 3.18 billion constant LCU -15.9%
2013 2.33 billion constant LCU -26.6%
2014 2.40 billion constant LCU +2.9%
2015 2.47 billion constant LCU +2.9%
2016 3.37 billion constant LCU +36.3%
2017 4.23 billion constant LCU +25.7%
2018 4.17 billion constant LCU -1.5%
2019 4.56 billion constant LCU +9.5%
2020 4.58 billion constant LCU +0.5%
2021 4.82 billion constant LCU +5.1%
2022 5.37 billion constant LCU +11.5%
2023 6.01 billion constant LCU +12.0%
2024 6.06 billion constant LCU +0.8%
2025 5.78 billion constant LCU -4.6%

Cyprus compared with similar countries

  • Cyprus's 5.78 billion constant LCU is below the median for high income countries, which is 120.45 billion constant LCU, 5% of the median. (58 countries reporting)
  • Cyprus's 5.78 billion constant LCU is below the median for Europe & Central Asia, which is 117.77 billion constant LCU, 5% of the median. (49 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.91 billion constant LCU 1.01 billion constant LCU 2.65 billion constant LCU 5
1980s 2.90 billion constant LCU 2.39 billion constant LCU 4.09 billion constant LCU 10
1990s 3.23 billion constant LCU 2.43 billion constant LCU 4.52 billion constant LCU 10
2000s 3.76 billion constant LCU 2.68 billion constant LCU 5.42 billion constant LCU 10
2010s 3.51 billion constant LCU 2.33 billion constant LCU 4.63 billion constant LCU 10
2020s 5.44 billion constant LCU 4.58 billion constant LCU 6.06 billion constant LCU 6

Countries ranked near Cyprus

  1. 139 Greenland 6.51 billion constant LCU compare
  2. 140 Azerbaijan 6.44 billion constant LCU compare
  3. 141 Kuwait 6.30 billion constant LCU compare
  4. 143 Seychelles 5.32 billion constant LCU compare
  5. 144 Brunei 5.21 billion constant LCU compare
  6. 145 Bahrain 4.75 billion constant LCU compare

See the full ranking of 170 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross capital formation in Cyprus?
Gross capital formation in Cyprus was 5.78 billion constant LCU 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 6.06 billion constant LCU in 2024.
What is the lowest gross capital formation recorded in Cyprus?
The lowest recorded value was 1.01 billion constant LCU in 1975.
How does Cyprus rank for gross capital formation?
Cyprus ranks 142nd out of 170 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 LCU). Statizoid updates them automatically from the source API.

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Gross capital formation in Cyprus. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu/cyprus/

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About this data

Indicator
Gross capital formation (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
170 places, 7,072 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.