Gross fixed capital formation, Private sector … Private Percent in Cyprus
Cyprus: Gross fixed capital formation, Private sector … Private Percent was 26.94 in 2017. ▼ Falling
Latest (2017)
26.94
Change on year
up 20.7%
World rank
9th
of 173 countries
All-time high
69.08
in 1964
All-time low
15.52
in 2015
Years of data
58
1960–2017
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 … Private Percent 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% |
Cyprus compared with similar countries
- Cyprus's 26.94 is above the median for high income countries, which is 18.58, 1.5× the median. (58 countries reporting)
- Cyprus's 26.94 is above the median for Europe & Central Asia, which is 16.1, 1.7× the median. (46 countries reporting)
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units 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.
Download this data
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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.