Gross domestic savings in Cyprus
Cyprus: Gross domestic savings was 24.9% in 2025. ▲ Rising
Gross domestic savings in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross domestic savings in Cyprus is 24.9%, measured in 2025.
That represents a change of up 2.5% on the previous year and up 54.9% over ten years.
Over the whole period, gross domestic savings in Cyprus peaked at 25.7% in 1995 and was at its lowest, 1.3%, in 1975.
That places Cyprus 68th out of 188 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross domestic savings in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 1.3% | — |
| 1976 | 8.0% | +504.4% |
| 1977 | 10.3% | +28.6% |
| 1978 | 12.6% | +22.1% |
| 1979 | 19.0% | +51.2% |
| 1980 | 19.5% | +2.5% |
| 1981 | 19.9% | +2.2% |
| 1982 | 19.0% | -4.4% |
| 1983 | 17.5% | -7.9% |
| 1984 | 22.2% | +26.9% |
| 1985 | 22.1% | -0.4% |
| 1986 | 24.7% | +11.8% |
| 1987 | 23.9% | -3.5% |
| 1988 | 22.7% | -4.8% |
| 1989 | 24.5% | +7.9% |
| 1990 | 21.4% | -12.5% |
| 1991 | 15.8% | -26.1% |
| 1992 | 17.5% | +10.6% |
| 1993 | 23.7% | +35.0% |
| 1994 | 25.1% | +6.2% |
| 1995 | 25.7% | +2.2% |
| 1996 | 23.8% | -7.4% |
| 1997 | 22.6% | -4.8% |
| 1998 | 21.5% | -4.9% |
| 1999 | 22.5% | +4.3% |
| 2000 | 22.9% | +1.8% |
| 2001 | 22.3% | -2.4% |
| 2002 | 21.5% | -3.8% |
| 2003 | 21.0% | -2.0% |
| 2004 | 21.7% | +3.4% |
| 2005 | 21.7% | -0.3% |
| 2006 | 21.4% | -1.4% |
| 2007 | 19.3% | -9.7% |
| 2008 | 15.9% | -17.8% |
| 2009 | 17.2% | +8.2% |
| 2010 | 15.5% | -10.1% |
| 2011 | 14.8% | -4.0% |
| 2012 | 14.0% | -5.5% |
| 2013 | 14.2% | +1.4% |
| 2014 | 14.2% | +0.1% |
| 2015 | 16.1% | +12.9% |
| 2016 | 19.0% | +18.2% |
| 2017 | 20.0% | +5.5% |
| 2018 | 20.3% | +1.5% |
| 2019 | 20.5% | +0.8% |
| 2020 | 19.3% | -6.0% |
| 2021 | 24.3% | +26.3% |
| 2022 | 24.2% | -0.7% |
| 2023 | 23.5% | -2.7% |
| 2024 | 24.3% | +3.4% |
| 2025 | 24.9% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.2% | 1.3% | 19.0% | 5 |
| 1980s | 21.6% | 17.5% | 24.7% | 10 |
| 1990s | 22.0% | 15.8% | 25.7% | 10 |
| 2000s | 20.5% | 15.9% | 22.9% | 10 |
| 2010s | 16.9% | 14.0% | 20.5% | 10 |
| 2020s | 23.4% | 19.3% | 24.9% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 18,409 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 7.25 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9435 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 28,376 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.73 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.835 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 25,112 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 1.41 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Cyprus?
- Gross domestic savings in Cyprus was 24.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Cyprus?
- The highest recorded value was 25.7% in 1995.
- What is the lowest gross domestic savings recorded in Cyprus?
- The lowest recorded value was 1.3% in 1975.
- How does Cyprus rank for gross domestic savings?
- Cyprus ranks 68th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Cyprus?
- Over the last ten years it is up 54.9%. 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 domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.