Gross fixed capital formation, Private sector, Constant prices in Cyprus
Cyprus: Gross fixed capital formation, Private sector, Constant prices was 26.94 in 2017. ▼ Falling
Gross fixed capital formation, Private sector, Constant prices in Cyprus, 1960–2017
Source: International Monetary Fund.
Analysis
In 2017, gross fixed capital formation, private sector, constant prices in Cyprus stood at 26.94.
That represents a change of up 20.7% on the previous year and down 15.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Cyprus peaked at 69.08 in 1964 and was at its lowest, 15.52, in 2015.
That places Cyprus 9th out of 173 countries with data for 2017, putting it in the top 10%.
The long-run direction has been consistently falling across the 58 years of available data.
Gross fixed capital formation, Private sector, Constant prices in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 67.04 | — |
| 1961 | 63.91 | -4.7% |
| 1962 | 60.65 | -5.1% |
| 1963 | 59.96 | -1.1% |
| 1964 | 69.08 | +15.2% |
| 1965 | 59.23 | -14.3% |
| 1966 | 57.51 | -2.9% |
| 1967 | 52.97 | -7.9% |
| 1968 | 52.21 | -1.4% |
| 1969 | 49.44 | -5.3% |
| 1970 | 57.76 | +16.8% |
| 1971 | 51.72 | -10.4% |
| 1972 | 50.5 | -2.4% |
| 1973 | 48.48 | -4.0% |
| 1974 | 41.21 | -15.0% |
| 1975 | 31.78 | -22.9% |
| 1976 | 33.42 | +5.1% |
| 1977 | 47.43 | +41.9% |
| 1978 | 53.48 | +12.8% |
| 1979 | 56.63 | +5.9% |
| 1980 | 56.25 | -0.7% |
| 1981 | 51.06 | -9.2% |
| 1982 | 49.85 | -2.4% |
| 1983 | 46.3 | -7.1% |
| 1984 | 51.72 | +11.7% |
| 1985 | 45.58 | -11.9% |
| 1986 | 40.8 | -10.5% |
| 1987 | 40.01 | -2.0% |
| 1988 | 40.87 | +2.2% |
| 1989 | 45.39 | +11.1% |
| 1990 | 40.96 | -9.8% |
| 1991 | 40.33 | -1.5% |
| 1992 | 43.3 | +7.4% |
| 1993 | 37.69 | -13.0% |
| 1994 | 33.91 | -10.0% |
| 1995 | 30.65 | -9.6% |
| 1996 | 27.68 | -9.7% |
| 1997 | 28.62 | +3.4% |
| 1998 | 24.46 | -14.5% |
| 1999 | 26.75 | +9.4% |
| 2000 | 24.39 | -8.8% |
| 2001 | 23.38 | -4.2% |
| 2002 | 25.02 | +7.0% |
| 2003 | 24.07 | -3.8% |
| 2004 | 24.05 | -0.1% |
| 2005 | 25.69 | +6.8% |
| 2006 | 30.59 | +19.1% |
| 2007 | 31.8 | +4.0% |
| 2008 | 33.46 | +5.2% |
| 2009 | 27.38 | -18.2% |
| 2010 | 26.17 | -4.4% |
| 2011 | 22.38 | -14.5% |
| 2012 | 19.05 | -14.9% |
| 2013 | 17.87 | -6.2% |
| 2014 | 15.94 | -10.8% |
| 2015 | 15.52 | -2.6% |
| 2016 | 22.31 | +43.8% |
| 2017 | 26.94 | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 59.2 | 49.44 | 69.08 | 10 |
| 1970s | 47.24 | 31.78 | 57.76 | 10 |
| 1980s | 46.78 | 40.01 | 56.25 | 10 |
| 1990s | 33.43 | 24.46 | 43.3 | 10 |
| 2000s | 26.98 | 23.38 | 33.46 | 10 |
| 2010s | 20.77 | 15.52 | 26.94 | 8 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 3.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5009 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 15,066 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.484 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 14,556 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.68 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in Cyprus?
- Gross fixed capital formation, private sector, constant prices in Cyprus was 26.94 in 2017, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in Cyprus?
- The highest recorded value was 69.08 in 1964.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Cyprus?
- The lowest recorded value was 15.52 in 2015.
- How does Cyprus rank for gross fixed capital formation, private sector, constant prices?
- Cyprus ranks 9th out of 173 countries with data for 2017.
- Is gross fixed capital formation, private sector, constant prices rising or falling in Cyprus?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.