Gross Fixed Capital Formation Deflator — Value Standard Local in Cyprus
Cyprus: Gross Fixed Capital Formation Deflator — Value Standard Local was 2.36 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Cyprus, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation deflator — value standard local in Cyprus stood at 2.36 % change on previous year.
Compared with earlier readings it is up 4.9% on the previous year and up 398.7% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Cyprus peaked at 42.53 % change on previous year in 1973 and was at its lowest, -3.69 % change on previous year, in 2016.
That places Cyprus 115th out of 208 countries with data for 2024, 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 Fixed Capital Formation Deflator — Value Standard Local in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.49 % change on previous year | — |
| 1972 | 10.06 % change on previous year | +18.5% |
| 1973 | 42.53 % change on previous year | +322.5% |
| 1974 | 20.12 % change on previous year | -52.7% |
| 1975 | 1.06 % change on previous year | -94.7% |
| 1976 | 9.52 % change on previous year | +797.3% |
| 1977 | 7.86 % change on previous year | -17.4% |
| 1978 | 12.68 % change on previous year | +61.2% |
| 1979 | 10.73 % change on previous year | -15.4% |
| 1980 | 12.57 % change on previous year | +17.2% |
| 1981 | 13.45 % change on previous year | +6.9% |
| 1982 | 6.41 % change on previous year | -52.3% |
| 1983 | 6.02 % change on previous year | -6.1% |
| 1984 | 7.4 % change on previous year | +22.9% |
| 1985 | 5.88 % change on previous year | -20.5% |
| 1986 | 2.54 % change on previous year | -56.9% |
| 1987 | 3.68 % change on previous year | +45.0% |
| 1988 | 6.18 % change on previous year | +68.0% |
| 1989 | 5.48 % change on previous year | -11.3% |
| 1990 | 4.1 % change on previous year | -25.2% |
| 1991 | 4.29 % change on previous year | +4.7% |
| 1992 | 4.18 % change on previous year | -2.5% |
| 1993 | 6.25 % change on previous year | +49.5% |
| 1994 | 6.32 % change on previous year | +1.1% |
| 1995 | 2.11 % change on previous year | -66.6% |
| 1996 | 3.6 % change on previous year | +70.7% |
| 1997 | 4.91 % change on previous year | +36.4% |
| 1998 | 2.87 % change on previous year | -41.5% |
| 1999 | 1.95 % change on previous year | -31.9% |
| 2000 | 4.3 % change on previous year | +120.2% |
| 2001 | 1.63 % change on previous year | -62.2% |
| 2002 | 2.64 % change on previous year | +62.4% |
| 2003 | 1.04 % change on previous year | -60.6% |
| 2004 | 3.94 % change on previous year | +278.1% |
| 2005 | 5.63 % change on previous year | +43.1% |
| 2006 | 4.14 % change on previous year | -26.4% |
| 2007 | 2.61 % change on previous year | -37.0% |
| 2008 | 6.08 % change on previous year | +132.9% |
| 2009 | -2.04 % change on previous year | -133.6% |
| 2010 | 1.07 % change on previous year | -152.4% |
| 2011 | -1.85 % change on previous year | -273.4% |
| 2012 | -0.2352 % change on previous year | -87.3% |
| 2013 | -0.555 % change on previous year | +135.9% |
| 2014 | -0.7913 % change on previous year | +42.6% |
| 2015 | 3.78 % change on previous year | -578.0% |
| 2016 | -3.69 % change on previous year | -197.5% |
| 2017 | 0.8416 % change on previous year | -122.8% |
| 2018 | 2.05 % change on previous year | +143.9% |
| 2019 | 0.9417 % change on previous year | -54.1% |
| 2020 | 0.6927 % change on previous year | -26.4% |
| 2021 | 4.08 % change on previous year | +489.6% |
| 2022 | 9.01 % change on previous year | +120.6% |
| 2023 | 2.25 % change on previous year | -75.0% |
| 2024 | 2.36 % change on previous year | +4.9% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value Standard Local 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 | +797.3% | 1.06 % change on previous year | 9.52 % change on previous year |
| 2015 | +578.0% | -0.7913 % change on previous year | 3.78 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.67 % change on previous year | 1.06 % change on previous year | 42.53 % change on previous year | 9 |
| 1980s | 6.96 % change on previous year | 2.54 % change on previous year | 13.45 % change on previous year | 10 |
| 1990s | 4.06 % change on previous year | 1.95 % change on previous year | 6.32 % change on previous year | 10 |
| 2000s | 3 % change on previous year | -2.04 % change on previous year | 6.08 % change on previous year | 10 |
| 2010s | 0.1564 % change on previous year | -3.69 % change on previous year | 3.78 % change on previous year | 10 |
| 2020s | 3.68 % change on previous year | 0.6927 % change on previous year | 9.01 % change on previous year | 5 |
Countries ranked near Cyprus
- 112 Uganda 2.42 % change on previous year compare
- 113 Anguilla 2.41 % change on previous year compare
- 114 Singapore 2.37 % change on previous year compare
- 116 Nicaragua 2.36 % change on previous year compare
- 117 Marshall Islands 2.35 % change on previous year compare
- 118 Togo 2.35 % change on previous year 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)
- 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 deflator — value standard local in Cyprus?
- Gross fixed capital formation deflator — value standard local in Cyprus was 2.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Cyprus?
- The highest recorded value was 42.53 % change on previous year in 1973.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Cyprus?
- The lowest recorded value was -3.69 % change on previous year in 2016.
- How does Cyprus rank for gross fixed capital formation deflator — value standard local?
- Cyprus ranks 115th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Cyprus?
- Over the last ten years it is up 398.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.