Gross capital formation (current US$), per square kilometre in Cyprus

Cyprus: Gross capital formation (current US$), per square kilometre was 815,113 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
815,113 current US$ per square kilometre
Change on year
up 17.1%
World rank
36th
of 184 countries
All-time high
866,738 current US$ per square kilometre
in 2008
All-time low
11,945 current US$ per square kilometre
in 1975
Years of data
49
1975–2023

Gross capital formation (current US$), per square kilometre in Cyprus, 1975–2023

0200.0k400.0k600.0k800.0k197519992023

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

Cyprus recorded 815,113 current US$ per square kilometre for gross capital formation (current us$), per square kilometre in 2023.

That represents a change of up 17.1% on the previous year and up 150.2% over ten years.

Over the whole period, gross capital formation (current us$), per square kilometre in Cyprus peaked at 866,738 current US$ per square kilometre in 2008 and was at its lowest, 11,945 current US$ per square kilometre, in 1975.

That places Cyprus 36th out of 184 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (current US$), per square kilometre in Cyprus, year by year

Annual values for Gross capital formation (current US$), per square kilometre in Cyprus, 1975 to 2023.
Year current US$ per square kilometre Change
1975 11,945 current US$ per square kilometre
1976 16,562 current US$ per square kilometre +38.7%
1977 27,745 current US$ per square kilometre +67.5%
1978 38,828 current US$ per square kilometre +39.9%
1979 54,012 current US$ per square kilometre +39.1%
1980 88,164 current US$ per square kilometre +63.2%
1981 76,390 current US$ per square kilometre -13.4%
1982 74,125 current US$ per square kilometre -3.0%
1983 70,407 current US$ per square kilometre -5.0%
1984 82,833 current US$ per square kilometre +17.6%
1985 79,804 current US$ per square kilometre -3.7%
1986 86,711 current US$ per square kilometre +8.7%
1987 102,367 current US$ per square kilometre +18.1%
1988 127,143 current US$ per square kilometre +24.2%
1989 152,570 current US$ per square kilometre +20.0%
1990 163,653 current US$ per square kilometre +7.3%
1991 161,379 current US$ per square kilometre -1.4%
1992 214,688 current US$ per square kilometre +33.0%
1993 171,802 current US$ per square kilometre -20.0%
1994 205,056 current US$ per square kilometre +19.4%
1995 285,244 current US$ per square kilometre +39.1%
1996 262,245 current US$ per square kilometre -8.1%
1997 248,293 current US$ per square kilometre -5.3%
1998 211,181 current US$ per square kilometre -14.9%
1999 225,108 current US$ per square kilometre +6.6%
2000 220,781 current US$ per square kilometre -1.9%
2001 199,569 current US$ per square kilometre -9.6%
2002 250,673 current US$ per square kilometre +25.6%
2003 306,979 current US$ per square kilometre +22.5%
2004 409,861 current US$ per square kilometre +33.5%
2005 443,069 current US$ per square kilometre +8.1%
2006 528,186 current US$ per square kilometre +19.2%
2007 624,406 current US$ per square kilometre +18.2%
2008 866,738 current US$ per square kilometre +38.8%
2009 635,186 current US$ per square kilometre -26.7%
2010 661,381 current US$ per square kilometre +4.1%
2011 554,869 current US$ per square kilometre -16.1%
2012 428,782 current US$ per square kilometre -22.7%
2013 325,817 current US$ per square kilometre -24.0%
2014 331,490 current US$ per square kilometre +1.7%
2015 287,062 current US$ per square kilometre -13.4%
2016 388,451 current US$ per square kilometre +35.3%
2017 506,178 current US$ per square kilometre +30.3%
2018 527,989 current US$ per square kilometre +4.3%
2019 552,589 current US$ per square kilometre +4.7%
2020 570,972 current US$ per square kilometre +3.3%
2021 645,768 current US$ per square kilometre +13.1%
2022 695,821 current US$ per square kilometre +7.8%
2023 815,113 current US$ per square kilometre +17.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 29,818 current US$ per square kilometre 11,945 current US$ per square kilometre 54,012 current US$ per square kilometre 5
1980s 94,051 current US$ per square kilometre 70,407 current US$ per square kilometre 152,570 current US$ per square kilometre 10
1990s 214,865 current US$ per square kilometre 161,379 current US$ per square kilometre 285,244 current US$ per square kilometre 10
2000s 448,545 current US$ per square kilometre 199,569 current US$ per square kilometre 866,738 current US$ per square kilometre 10
2010s 456,461 current US$ per square kilometre 287,062 current US$ per square kilometre 661,381 current US$ per square kilometre 10
2020s 681,918 current US$ per square kilometre 570,972 current US$ per square kilometre 815,113 current US$ per square kilometre 4

Countries ranked near Cyprus

  1. 33 Trinidad and Tobago 926,598 current US$ per square kilometre compare
  2. 34 Faroe Islands 903,146 current US$ per square kilometre compare
  3. 35 Brunei Darussalam 848,653 current US$ per square kilometre compare
  4. 37 China 800,423 current US$ per square kilometre compare
  5. 38 Palestine, State of 775,734 current US$ per square kilometre compare
  6. 39 Slovenia 774,263 current US$ per square kilometre compare

See the full ranking of 227 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross capital formation (current us$), per square kilometre in Cyprus?
Gross capital formation (current us$), per square kilometre in Cyprus was 815,113 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (current us$), per square kilometre recorded in Cyprus?
The highest recorded value was 866,738 current US$ per square kilometre in 2008.
What is the lowest gross capital formation (current us$), per square kilometre recorded in Cyprus?
The lowest recorded value was 11,945 current US$ per square kilometre in 1975.
How does Cyprus rank for gross capital formation (current us$), per square kilometre?
Cyprus ranks 36th out of 184 countries with data for 2023.
Is gross capital formation (current us$), per square kilometre rising or falling in Cyprus?
Over the last ten years it is up 150.2%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (current US$), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), per square kilometre in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-per-square-kilometre/cyprus/

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How this figure is calculated

Gross capital formation (current 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 (current US$) ÷ 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 (current US$), per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 10,293 data points, 1961–2023
Last refreshed

Gross capital formation (current 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.