Gross fixed capital formation, Private sector … Private Purchasing in Cyprus
Cyprus: Gross fixed capital formation, Private sector … Private Purchasing was 7.2 in 2017. ▲ Rising
Latest (2017)
7.2
Change on year
up 26.0%
World rank
110th
of 173 countries
All-time high
8.74
in 2008
All-time low
1.2
in 1975
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 7.2.
The figure is up 26.0% on the previous year and down 10.1% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in Cyprus peaked at 8.74 in 2008 and was at its lowest, 1.2, in 1975.
Cyprus ranks 110th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 58 years of available data.
Gross fixed capital formation, Private sector … Private Purchasing in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.53 | — |
| 1961 | 1.59 | +4.0% |
| 1962 | 1.65 | +4.0% |
| 1963 | 1.72 | +4.0% |
| 1964 | 1.78 | +4.0% |
| 1965 | 1.86 | +4.0% |
| 1966 | 1.93 | +4.0% |
| 1967 | 2.01 | +4.0% |
| 1968 | 2.09 | +4.0% |
| 1969 | 2.17 | +4.0% |
| 1970 | 2.61 | +20.3% |
| 1971 | 2.64 | +1.2% |
| 1972 | 2.76 | +4.4% |
| 1973 | 2.71 | -1.5% |
| 1974 | 1.92 | -29.4% |
| 1975 | 1.2 | -37.5% |
| 1976 | 1.49 | +24.0% |
| 1977 | 2.44 | +64.3% |
| 1978 | 2.96 | +21.4% |
| 1979 | 3.45 | +16.3% |
| 1980 | 3.63 | +5.2% |
| 1981 | 3.39 | -6.5% |
| 1982 | 3.52 | +3.8% |
| 1983 | 3.44 | -2.2% |
| 1984 | 4.19 | +21.5% |
| 1985 | 3.86 | -7.7% |
| 1986 | 3.59 | -7.1% |
| 1987 | 3.77 | +5.0% |
| 1988 | 4.17 | +10.6% |
| 1989 | 5 | +20.0% |
| 1990 | 4.86 | -2.8% |
| 1991 | 4.82 | -0.9% |
| 1992 | 5.66 | +17.5% |
| 1993 | 4.96 | -12.4% |
| 1994 | 4.73 | -4.8% |
| 1995 | 4.69 | -0.7% |
| 1996 | 4.29 | -8.6% |
| 1997 | 4.56 | +6.1% |
| 1998 | 4.13 | -9.3% |
| 1999 | 4.74 | +14.8% |
| 2000 | 4.58 | -3.4% |
| 2001 | 4.57 | -0.4% |
| 2002 | 5.07 | +11.0% |
| 2003 | 5.01 | -1.3% |
| 2004 | 5.25 | +4.9% |
| 2005 | 5.88 | +12.0% |
| 2006 | 7.34 | +24.7% |
| 2007 | 8.01 | +9.3% |
| 2008 | 8.74 | +9.0% |
| 2009 | 7.01 | -19.8% |
| 2010 | 6.83 | -2.5% |
| 2011 | 5.87 | -14.2% |
| 2012 | 4.82 | -17.8% |
| 2013 | 4.23 | -12.3% |
| 2014 | 3.7 | -12.5% |
| 2015 | 3.72 | +0.7% |
| 2016 | 5.72 | +53.5% |
| 2017 | 7.2 | +26.0% |
Cyprus compared with similar countries
- Cyprus's 7.2 is below the median for high income countries, which is 58.37, 12% of the median. (58 countries reporting)
- Cyprus's 7.2 is below the median for Europe & Central Asia, which is 51.28, 14% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.83 | 1.53 | 2.17 | 10 |
| 1970s | 2.42 | 1.2 | 3.45 | 10 |
| 1980s | 3.86 | 3.39 | 5 | 10 |
| 1990s | 4.75 | 4.13 | 5.66 | 10 |
| 2000s | 6.15 | 4.57 | 8.74 | 10 |
| 2010s | 5.26 | 3.7 | 7.2 | 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 7.2 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 8.74 in 2008.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in Cyprus?
- The lowest recorded value was 1.2 in 1975.
- How does Cyprus rank for gross fixed capital formation, private sector, constant prices?
- Cyprus ranks 110th 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 10.1%. The long-run trend across the full record is rising.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.