Gross capital formation in Cyprus
Cyprus: Gross capital formation was 19.3% in 2025. ▼ Falling
Gross capital formation in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Cyprus recorded 19.3% for gross capital formation in 2025.
That represents a change of down 6.9% on the previous year and up 44.6% over ten years.
Over the whole period, gross capital formation in Cyprus peaked at 38.7% in 1979 and was at its lowest, 12.6%, in 2013.
That places Cyprus 138th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 51 years of available data.
Gross capital formation in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 22.5% | — |
| 1976 | 26.6% | +17.9% |
| 1977 | 34.9% | +31.3% |
| 1978 | 37.2% | +6.7% |
| 1979 | 38.7% | +4.1% |
| 1980 | 37.8% | -2.4% |
| 1981 | 33.8% | -10.6% |
| 1982 | 31.7% | -6.2% |
| 1983 | 30.1% | -5.1% |
| 1984 | 33.6% | +11.6% |
| 1985 | 30.3% | -9.7% |
| 1986 | 25.9% | -14.6% |
| 1987 | 25.5% | -1.5% |
| 1988 | 27.5% | +7.5% |
| 1989 | 30.9% | +12.5% |
| 1990 | 27.0% | -12.5% |
| 1991 | 25.8% | -4.4% |
| 1992 | 28.7% | +11.1% |
| 1993 | 24.1% | -16.1% |
| 1994 | 25.5% | +5.9% |
| 1995 | 26.5% | +4.0% |
| 1996 | 24.2% | -8.8% |
| 1997 | 24.0% | -0.7% |
| 1998 | 19.0% | -20.8% |
| 1999 | 19.8% | +4.1% |
| 2000 | 20.4% | +3.1% |
| 2001 | 17.7% | -13.2% |
| 2002 | 20.3% | +14.4% |
| 2003 | 19.5% | -3.9% |
| 2004 | 21.9% | +12.1% |
| 2005 | 22.2% | +1.6% |
| 2006 | 24.3% | +9.5% |
| 2007 | 24.1% | -1.0% |
| 2008 | 28.6% | +19.0% |
| 2009 | 22.5% | -21.3% |
| 2010 | 23.7% | +5.1% |
| 2011 | 18.5% | -21.7% |
| 2012 | 15.8% | -14.7% |
| 2013 | 12.6% | -20.6% |
| 2014 | 13.2% | +5.0% |
| 2015 | 13.3% | +1.0% |
| 2016 | 17.1% | +28.0% |
| 2017 | 20.4% | +19.5% |
| 2018 | 18.9% | -7.1% |
| 2019 | 19.5% | +2.9% |
| 2020 | 20.6% | +5.9% |
| 2021 | 19.6% | -4.8% |
| 2022 | 20.6% | +4.8% |
| 2023 | 21.5% | +4.3% |
| 2024 | 20.7% | -3.7% |
| 2025 | 19.3% | -6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 32.0% | 22.5% | 38.7% | 5 |
| 1980s | 30.7% | 25.5% | 37.8% | 10 |
| 1990s | 24.5% | 19.0% | 28.7% | 10 |
| 2000s | 22.2% | 17.7% | 28.6% | 10 |
| 2010s | 17.3% | 12.6% | 23.7% | 10 |
| 2020s | 20.4% | 19.3% | 21.5% | 6 |
Countries ranked near Cyprus
- 135 Solomon Islands 19.5% compare
- 136 Cameroon 19.3% compare
- 137 Côte d'Ivoire 19.3% compare
- 139 Iraq 19.1% compare
- 140 Trinidad and Tobago 19.0% compare
- 141 Azerbaijan 18.9% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.53 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.807 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 24,271 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 70.19 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 63.02 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.32 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0099 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 296.88 current LCU per person (2025)
Frequently asked questions
- What is gross capital formation in Cyprus?
- Gross capital formation in Cyprus was 19.3% 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 38.7% in 1979.
- What is the lowest gross capital formation recorded in Cyprus?
- The lowest recorded value was 12.6% in 2013.
- How does Cyprus rank for gross capital formation?
- Cyprus ranks 138th 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 44.6%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.