Gross capital formation in Cyprus
Cyprus: Gross capital formation was 7.03 billion current LCU in 2025. ◆ Volatile
Latest (2025)
7.03 billion current LCU
Change on year
down 2.3%
World rank
157th
of 187 countries
All-time high
7.19 billion current LCU
in 2024
All-time low
98.93 million current LCU
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 current LCU.
Analysis
The most recent figure for gross capital formation in Cyprus is 7.03 billion current LCU, measured in 2025.
Compared with earlier readings it is down 2.3% on the previous year and up 193.9% over ten years.
Over the whole period, gross capital formation in Cyprus peaked at 7.19 billion current LCU in 2024 and was at its lowest, 98.93 million current LCU, in 1975.
That places Cyprus 157th out of 187 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | 98.93 million current LCU | — |
| 1976 | 151.55 million current LCU | +53.2% |
| 1977 | 252.19 million current LCU | +66.4% |
| 1978 | 322.07 million current LCU | +27.7% |
| 1979 | 416.73 million current LCU | +29.4% |
| 1980 | 491.22 million current LCU | +17.9% |
| 1981 | 506.09 million current LCU | +3.0% |
| 1982 | 555.47 million current LCU | +9.8% |
| 1983 | 584.85 million current LCU | +5.3% |
| 1984 | 767.67 million current LCU | +31.3% |
| 1985 | 768.36 million current LCU | +0.1% |
| 1986 | 709.07 million current LCU | -7.7% |
| 1987 | 776.56 million current LCU | +9.5% |
| 1988 | 936.31 million current LCU | +20.6% |
| 1989 | 1.19 billion current LCU | +27.2% |
| 1990 | 1.18 billion current LCU | -0.9% |
| 1991 | 1.18 billion current LCU | +0.0% |
| 1992 | 1.52 billion current LCU | +28.8% |
| 1993 | 1.35 billion current LCU | -11.4% |
| 1994 | 1.59 billion current LCU | +18.1% |
| 1995 | 2.04 billion current LCU | +28.0% |
| 1996 | 1.93 billion current LCU | -5.2% |
| 1997 | 2.01 billion current LCU | +4.2% |
| 1998 | 1.72 billion current LCU | -14.3% |
| 1999 | 1.93 billion current LCU | +11.8% |
| 2000 | 2.16 billion current LCU | +12.3% |
| 2001 | 2.02 billion current LCU | -6.5% |
| 2002 | 2.41 billion current LCU | +19.0% |
| 2003 | 2.50 billion current LCU | +4.0% |
| 2004 | 3.03 billion current LCU | +21.0% |
| 2005 | 3.29 billion current LCU | +8.7% |
| 2006 | 3.89 billion current LCU | +18.2% |
| 2007 | 4.22 billion current LCU | +8.4% |
| 2008 | 5.45 billion current LCU | +29.2% |
| 2009 | 4.21 billion current LCU | -22.7% |
| 2010 | 4.61 billion current LCU | +9.5% |
| 2011 | 3.68 billion current LCU | -20.1% |
| 2012 | 3.08 billion current LCU | -16.3% |
| 2013 | 2.27 billion current LCU | -26.5% |
| 2014 | 2.31 billion current LCU | +1.7% |
| 2015 | 2.39 billion current LCU | +3.7% |
| 2016 | 3.24 billion current LCU | +35.6% |
| 2017 | 4.14 billion current LCU | +27.7% |
| 2018 | 4.13 billion current LCU | -0.2% |
| 2019 | 4.56 billion current LCU | +10.4% |
| 2020 | 4.62 billion current LCU | +1.3% |
| 2021 | 5.04 billion current LCU | +9.2% |
| 2022 | 6.11 billion current LCU | +21.0% |
| 2023 | 6.97 billion current LCU | +14.1% |
| 2024 | 7.19 billion current LCU | +3.2% |
| 2025 | 7.03 billion current LCU | -2.3% |
Cyprus compared with similar countries
- Cyprus's 7.03 billion current LCU is below the median for high income countries, which is 146.46 billion current LCU, 5% of the median. (67 countries reporting)
- Cyprus's 7.03 billion current LCU is below the median for Europe & Central Asia, which is 155.88 billion current LCU, 5% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 248.29 million current LCU | 98.93 million current LCU | 416.73 million current LCU | 5 |
| 1980s | 728.68 million current LCU | 491.22 million current LCU | 1.19 billion current LCU | 10 |
| 1990s | 1.65 billion current LCU | 1.18 billion current LCU | 2.04 billion current LCU | 10 |
| 2000s | 3.32 billion current LCU | 2.02 billion current LCU | 5.45 billion current LCU | 10 |
| 2010s | 3.44 billion current LCU | 2.27 billion current LCU | 4.61 billion current LCU | 10 |
| 2020s | 6.16 billion current LCU | 4.62 billion current LCU | 7.19 billion current LCU | 6 |
Countries ranked near Cyprus
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 7.03 billion current 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 7.19 billion current LCU in 2024.
- What is the lowest gross capital formation recorded in Cyprus?
- The lowest recorded value was 98.93 million current LCU in 1975.
- How does Cyprus rank for gross capital formation?
- Cyprus ranks 157th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in Cyprus?
- Over the last ten years it is up 193.9%. The long-run trend across the full record is volatile.
- 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.