Gross fixed capital formation in Cyprus
Cyprus: Gross fixed capital formation was 6.43 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
6.43 billion constant 2015 US$
Change on year
up 0.0%
World rank
97th
of 161 countries
All-time high
6.57 billion constant 2015 US$
in 2023
All-time low
740.91 million constant 2015 US$
in 1975
Years of data
51
1975–2025
Gross fixed capital formation in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross fixed capital formation in Cyprus is 6.43 billion constant 2015 US$, measured in 2025.
That represents a change of up 151.8% over ten years.
Over the whole period, gross fixed capital formation in Cyprus peaked at 6.57 billion constant 2015 US$ in 2023 and was at its lowest, 740.91 million constant 2015 US$, in 1975.
Cyprus ranks 97th of 161 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross fixed capital formation in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 740.91 million constant 2015 US$ | — |
| 1976 | 970.77 million constant 2015 US$ | +31.0% |
| 1977 | 1.60 billion constant 2015 US$ | +64.3% |
| 1978 | 1.94 billion constant 2015 US$ | +21.4% |
| 1979 | 2.25 billion constant 2015 US$ | +16.3% |
| 1980 | 2.37 billion constant 2015 US$ | +5.2% |
| 1981 | 2.22 billion constant 2015 US$ | -6.4% |
| 1982 | 2.30 billion constant 2015 US$ | +3.8% |
| 1983 | 2.25 billion constant 2015 US$ | -2.2% |
| 1984 | 2.74 billion constant 2015 US$ | +21.6% |
| 1985 | 2.52 billion constant 2015 US$ | -7.7% |
| 1986 | 2.35 billion constant 2015 US$ | -7.1% |
| 1987 | 2.46 billion constant 2015 US$ | +5.0% |
| 1988 | 2.72 billion constant 2015 US$ | +10.6% |
| 1989 | 3.27 billion constant 2015 US$ | +20.0% |
| 1990 | 3.18 billion constant 2015 US$ | -2.8% |
| 1991 | 3.13 billion constant 2015 US$ | -1.6% |
| 1992 | 3.63 billion constant 2015 US$ | +16.2% |
| 1993 | 3.19 billion constant 2015 US$ | -12.3% |
| 1994 | 3.06 billion constant 2015 US$ | -4.0% |
| 1995 | 3.18 billion constant 2015 US$ | +3.8% |
| 1996 | 3.04 billion constant 2015 US$ | -4.2% |
| 1997 | 3.17 billion constant 2015 US$ | +4.2% |
| 1998 | 2.69 billion constant 2015 US$ | -15.2% |
| 1999 | 3.09 billion constant 2015 US$ | +14.9% |
| 2000 | 3.06 billion constant 2015 US$ | -1.0% |
| 2001 | 3.06 billion constant 2015 US$ | +0.0% |
| 2002 | 3.41 billion constant 2015 US$ | +11.4% |
| 2003 | 3.47 billion constant 2015 US$ | +1.9% |
| 2004 | 3.67 billion constant 2015 US$ | +5.8% |
| 2005 | 3.91 billion constant 2015 US$ | +6.5% |
| 2006 | 4.73 billion constant 2015 US$ | +20.9% |
| 2007 | 5.08 billion constant 2015 US$ | +7.5% |
| 2008 | 5.51 billion constant 2015 US$ | +8.4% |
| 2009 | 4.76 billion constant 2015 US$ | -13.6% |
| 2010 | 4.69 billion constant 2015 US$ | -1.5% |
| 2011 | 4.14 billion constant 2015 US$ | -11.7% |
| 2012 | 3.33 billion constant 2015 US$ | -19.5% |
| 2013 | 2.81 billion constant 2015 US$ | -15.7% |
| 2014 | 2.60 billion constant 2015 US$ | -7.4% |
| 2015 | 2.55 billion constant 2015 US$ | -1.8% |
| 2016 | 3.82 billion constant 2015 US$ | +49.5% |
| 2017 | 4.63 billion constant 2015 US$ | +21.3% |
| 2018 | 4.39 billion constant 2015 US$ | -5.3% |
| 2019 | 4.69 billion constant 2015 US$ | +6.9% |
| 2020 | 4.97 billion constant 2015 US$ | +6.0% |
| 2021 | 5.06 billion constant 2015 US$ | +1.9% |
| 2022 | 5.69 billion constant 2015 US$ | +12.5% |
| 2023 | 6.57 billion constant 2015 US$ | +15.4% |
| 2024 | 6.43 billion constant 2015 US$ | -2.0% |
| 2025 | 6.43 billion constant 2015 US$ | +0.0% |
Cyprus compared with similar countries
- Cyprus's 6.43 billion constant 2015 US$ is below the median for high income countries, which is 50.87 billion constant 2015 US$, 13% of the median. (57 countries reporting)
- Cyprus's 6.43 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 27.92 billion constant 2015 US$, 23% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.50 billion constant 2015 US$ | 740.91 million constant 2015 US$ | 2.25 billion constant 2015 US$ | 5 |
| 1980s | 2.52 billion constant 2015 US$ | 2.22 billion constant 2015 US$ | 3.27 billion constant 2015 US$ | 10 |
| 1990s | 3.14 billion constant 2015 US$ | 2.69 billion constant 2015 US$ | 3.63 billion constant 2015 US$ | 10 |
| 2000s | 4.07 billion constant 2015 US$ | 3.06 billion constant 2015 US$ | 5.51 billion constant 2015 US$ | 10 |
| 2010s | 3.76 billion constant 2015 US$ | 2.55 billion constant 2015 US$ | 4.69 billion constant 2015 US$ | 10 |
| 2020s | 5.86 billion constant 2015 US$ | 4.97 billion constant 2015 US$ | 6.57 billion constant 2015 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Cyprus?
- Gross fixed capital formation in Cyprus was 6.43 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Cyprus?
- The highest recorded value was 6.57 billion constant 2015 US$ in 2023.
- What is the lowest gross fixed capital formation recorded in Cyprus?
- The lowest recorded value was 740.91 million constant 2015 US$ in 1975.
- How does Cyprus rank for gross fixed capital formation?
- Cyprus ranks 97th out of 161 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Cyprus?
- Over the last ten years it is up 151.8%. 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 fixed capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.