Gross domestic savings (% of GDP) in Cyprus
Cyprus: Gross domestic savings (% of GDP) 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 (% of GDP) 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% |
Cyprus compared with similar countries
- Cyprus's 24.9% is below the median for high income countries, which is 25.7%, 97% of the median. (67 countries reporting)
- Cyprus's 24.9% is above the median for Europe & Central Asia, which is 24.2%, 1.0× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1976 | +504.4% | 1.3% | 8.0% |
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
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.