Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cyprus

Cyprus: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 116.71 USD in 2024. ▲ Rising

Latest (2024)
116.71 USD
Change on year
up 2.5%
World rank
107th
of 203 countries
All-time high
133.55 USD
in 2008
All-time low
10.55 USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cyprus, 1970–2024

0255075100125197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Cyprus recorded 116.71 USD for gross fixed capital formation deflator — value us$, 2015 prices in 2024.

The figure is up 2.5% on the previous year and up 1.2% over ten years.

Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in Cyprus peaked at 133.55 USD in 2008 and was at its lowest, 10.55 USD, in 1970.

That places Cyprus 107th out of 203 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cyprus, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cyprus, 1970 to 2024.
Year USD Change
1970 10.55 USD —
1971 11.61 USD +10.1%
1972 13.69 USD +17.9%
1973 21.38 USD +56.2%
1974 24.65 USD +15.3%
1975 24.62 USD -0.1%
1976 24.24 USD -1.6%
1977 26.29 USD +8.5%
1978 32.37 USD +23.1%
1979 37.77 USD +16.7%
1980 42.69 USD +13.0%
1981 40.57 USD -5.0%
1982 38.27 USD -5.7%
1983 36.63 USD -4.3%
1984 35.21 USD -3.9%
1985 35.81 USD +1.7%
1986 43.41 USD +21.2%
1987 48.47 USD +11.7%
1988 53.06 USD +9.5%
1989 52.8 USD -0.5%
1990 59.35 USD +12.4%
1991 61.05 USD +2.9%
1992 65.71 USD +7.6%
1993 63.1 USD -4.0%
1994 67.8 USD +7.4%
1995 75.31 USD +11.1%
1996 75.7 USD +0.5%
1997 72.06 USD -4.8%
1998 73.57 USD +2.1%
1999 71.54 USD -2.8%
2000 65.09 USD -9.0%
2001 64.02 USD -1.6%
2002 69.21 USD +8.1%
2003 82.52 USD +19.2%
2004 94.71 USD +14.8%
2005 101.02 USD +6.7%
2006 106.39 USD +5.3%
2007 117.57 USD +10.5%
2008 133.55 USD +13.6%
2009 124.07 USD -7.1%
2010 119.18 USD -3.9%
2011 122.82 USD +3.0%
2012 113.09 USD -7.9%
2013 116.26 USD +2.8%
2014 115.37 USD -0.8%
2015 100 USD -13.3%
2016 96.09 USD -3.9%
2017 98.89 USD +2.9%
2018 105.5 USD +6.7%
2019 100.95 USD -4.3%
2020 103.71 USD +2.7%
2021 111.78 USD +7.8%
2022 108.49 USD -2.9%
2023 113.9 USD +5.0%
2024 116.71 USD +2.5%

Cyprus compared with similar countries

  • Cyprus's 116.71 USD is below the median for high income countries, which is 122.6 USD, 95% of the median. (68 countries reporting)
  • Cyprus's 116.71 USD is below the median for Europe & Central Asia, which is 125.25 USD, 93% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 22.72 USD 10.55 USD 37.77 USD 10
1980s 42.69 USD 35.21 USD 53.06 USD 10
1990s 68.52 USD 59.35 USD 75.7 USD 10
2000s 95.81 USD 64.02 USD 133.55 USD 10
2010s 108.82 USD 96.09 USD 122.82 USD 10
2020s 110.92 USD 103.71 USD 116.71 USD 5

Countries ranked near Cyprus

  1. 104 Central African Republic 117.84 USD compare
  2. 105 Uganda 117.69 USD compare
  3. 106 Bermuda 117.58 USD compare
  4. 108 Australia and New Zealand 116.66 USD compare
  5. 109 Switzerland 116.27 USD compare
  6. 110 Australia 116.09 USD compare

See the full ranking of 245 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross fixed capital formation deflator — value us$, 2015 prices in Cyprus?
Gross fixed capital formation deflator — value us$, 2015 prices in Cyprus was 116.71 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in Cyprus?
The highest recorded value was 133.55 USD in 2008.
What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in Cyprus?
The lowest recorded value was 10.55 USD in 1970.
How does Cyprus rank for gross fixed capital formation deflator — value us$, 2015 prices?
Cyprus ranks 107th out of 203 countries with data for 2024.
Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in Cyprus?
Over the last ten years it is up 1.2%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in Cyprus. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 13 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-us-2015-prices/cyprus/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
245 places, 12,527 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).