Gross capital formation in Cyprus
Cyprus: Gross capital formation was 7.94 billion current US$ in 2025. ◆ Volatile
Latest (2025)
7.94 billion current US$
Change on year
up 2.0%
World rank
106th
of 187 countries
All-time high
8.01 billion current US$
in 2008
All-time low
110.37 million current 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 current US$.
Analysis
In 2025, gross capital formation in Cyprus stood at 7.94 billion current US$.
The figure is up 2.0% on the previous year and up 199.3% over ten years.
Over the whole period, gross capital formation in Cyprus peaked at 8.01 billion current US$ in 2008 and was at its lowest, 110.37 million current US$, in 1975.
That places Cyprus 106th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 110.37 million current US$ | — |
| 1976 | 153.04 million current US$ | +38.7% |
| 1977 | 256.36 million current US$ | +67.5% |
| 1978 | 358.77 million current US$ | +39.9% |
| 1979 | 499.07 million current US$ | +39.1% |
| 1980 | 814.63 million current US$ | +63.2% |
| 1981 | 705.84 million current US$ | -13.4% |
| 1982 | 684.91 million current US$ | -3.0% |
| 1983 | 650.56 million current US$ | -5.0% |
| 1984 | 765.38 million current US$ | +17.6% |
| 1985 | 737.39 million current US$ | -3.7% |
| 1986 | 801.21 million current US$ | +8.7% |
| 1987 | 945.87 million current US$ | +18.1% |
| 1988 | 1.17 billion current US$ | +24.2% |
| 1989 | 1.41 billion current US$ | +20.0% |
| 1990 | 1.51 billion current US$ | +7.3% |
| 1991 | 1.49 billion current US$ | -1.4% |
| 1992 | 1.98 billion current US$ | +33.0% |
| 1993 | 1.59 billion current US$ | -20.0% |
| 1994 | 1.89 billion current US$ | +19.4% |
| 1995 | 2.64 billion current US$ | +39.1% |
| 1996 | 2.42 billion current US$ | -8.1% |
| 1997 | 2.29 billion current US$ | -5.3% |
| 1998 | 1.95 billion current US$ | -14.9% |
| 1999 | 2.08 billion current US$ | +6.6% |
| 2000 | 2.04 billion current US$ | -1.9% |
| 2001 | 1.84 billion current US$ | -9.6% |
| 2002 | 2.32 billion current US$ | +25.6% |
| 2003 | 2.84 billion current US$ | +22.5% |
| 2004 | 3.79 billion current US$ | +33.5% |
| 2005 | 4.09 billion current US$ | +8.1% |
| 2006 | 4.88 billion current US$ | +19.2% |
| 2007 | 5.77 billion current US$ | +18.2% |
| 2008 | 8.01 billion current US$ | +38.8% |
| 2009 | 5.87 billion current US$ | -26.7% |
| 2010 | 6.11 billion current US$ | +4.1% |
| 2011 | 5.13 billion current US$ | -16.1% |
| 2012 | 3.96 billion current US$ | -22.7% |
| 2013 | 3.01 billion current US$ | -24.0% |
| 2014 | 3.06 billion current US$ | +1.7% |
| 2015 | 2.65 billion current US$ | -13.4% |
| 2016 | 3.59 billion current US$ | +35.3% |
| 2017 | 4.68 billion current US$ | +30.3% |
| 2018 | 4.88 billion current US$ | +4.3% |
| 2019 | 5.11 billion current US$ | +4.7% |
| 2020 | 5.28 billion current US$ | +3.3% |
| 2021 | 5.97 billion current US$ | +13.1% |
| 2022 | 6.43 billion current US$ | +7.8% |
| 2023 | 7.53 billion current US$ | +17.1% |
| 2024 | 7.78 billion current US$ | +3.3% |
| 2025 | 7.94 billion current US$ | +2.0% |
Cyprus compared with similar countries
- Cyprus's 7.94 billion current US$ is below the median for high income countries, which is 48.39 billion current US$, 16% of the median. (67 countries reporting)
- Cyprus's 7.94 billion current US$ is below the median for Europe & Central Asia, which is 29.72 billion current US$, 27% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 275.52 million current US$ | 110.37 million current US$ | 499.07 million current US$ | 5 |
| 1980s | 869.03 million current US$ | 650.56 million current US$ | 1.41 billion current US$ | 10 |
| 1990s | 1.99 billion current US$ | 1.49 billion current US$ | 2.64 billion current US$ | 10 |
| 2000s | 4.14 billion current US$ | 1.84 billion current US$ | 8.01 billion current US$ | 10 |
| 2010s | 4.22 billion current US$ | 2.65 billion current US$ | 6.11 billion current US$ | 10 |
| 2020s | 6.82 billion current US$ | 5.28 billion current US$ | 7.94 billion current US$ | 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Cyprus?
- Gross capital formation in Cyprus was 7.94 billion current US$ 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 8.01 billion current US$ in 2008.
- What is the lowest gross capital formation recorded in Cyprus?
- The lowest recorded value was 110.37 million current US$ in 1975.
- How does Cyprus rank for gross capital formation?
- Cyprus ranks 106th 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 199.3%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.