Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus
Cyprus: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.6204 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
0.6204 million SLC per square kilometre
Change on year
up 11.1%
World rank
124th
of 194 countries
All-time high
0.6204 million SLC per square kilometre
in 2023
All-time low
0.082 million SLC per square kilometre
in 1975
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Cyprus recorded 0.6204 million SLC per square kilometre for gross fixed capital formation — value standard local currency, 2015 in 2023. That is the highest value across all 54 years on record.
The figure is up 11.1% on the previous year and up 118.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Cyprus peaked at 0.6204 million SLC per square kilometre in 2023 and was at its lowest, 0.082 million SLC per square kilometre, in 1975.
Cyprus ranks 124th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.1788 million SLC per square kilometre | — |
| 1971 | 0.1809 million SLC per square kilometre | +1.2% |
| 1972 | 0.1888 million SLC per square kilometre | +4.4% |
| 1973 | 0.1859 million SLC per square kilometre | -1.5% |
| 1974 | 0.1313 million SLC per square kilometre | -29.4% |
| 1975 | 0.082 million SLC per square kilometre | -37.5% |
| 1976 | 0.1017 million SLC per square kilometre | +24.0% |
| 1977 | 0.1671 million SLC per square kilometre | +64.3% |
| 1978 | 0.2029 million SLC per square kilometre | +21.4% |
| 1979 | 0.236 million SLC per square kilometre | +16.3% |
| 1980 | 0.2483 million SLC per square kilometre | +5.2% |
| 1981 | 0.2323 million SLC per square kilometre | -6.5% |
| 1982 | 0.2411 million SLC per square kilometre | +3.8% |
| 1983 | 0.2358 million SLC per square kilometre | -2.2% |
| 1984 | 0.2866 million SLC per square kilometre | +21.5% |
| 1985 | 0.2645 million SLC per square kilometre | -7.7% |
| 1986 | 0.2458 million SLC per square kilometre | -7.1% |
| 1987 | 0.258 million SLC per square kilometre | +5.0% |
| 1988 | 0.2853 million SLC per square kilometre | +10.6% |
| 1989 | 0.3425 million SLC per square kilometre | +20.0% |
| 1990 | 0.333 million SLC per square kilometre | -2.8% |
| 1991 | 0.3301 million SLC per square kilometre | -0.9% |
| 1992 | 0.3878 million SLC per square kilometre | +17.5% |
| 1993 | 0.3399 million SLC per square kilometre | -12.4% |
| 1994 | 0.3235 million SLC per square kilometre | -4.8% |
| 1995 | 0.3217 million SLC per square kilometre | -0.6% |
| 1996 | 0.3082 million SLC per square kilometre | -4.2% |
| 1997 | 0.3211 million SLC per square kilometre | +4.2% |
| 1998 | 0.2725 million SLC per square kilometre | -15.2% |
| 1999 | 0.313 million SLC per square kilometre | +14.9% |
| 2000 | 0.3097 million SLC per square kilometre | -1.0% |
| 2001 | 0.3097 million SLC per square kilometre | +0.0% |
| 2002 | 0.3451 million SLC per square kilometre | +11.4% |
| 2003 | 0.3517 million SLC per square kilometre | +1.9% |
| 2004 | 0.3721 million SLC per square kilometre | +5.8% |
| 2005 | 0.3962 million SLC per square kilometre | +6.5% |
| 2006 | 0.4788 million SLC per square kilometre | +20.9% |
| 2007 | 0.5149 million SLC per square kilometre | +7.5% |
| 2008 | 0.5582 million SLC per square kilometre | +8.4% |
| 2009 | 0.4821 million SLC per square kilometre | -13.6% |
| 2010 | 0.4752 million SLC per square kilometre | -1.4% |
| 2011 | 0.4195 million SLC per square kilometre | -11.7% |
| 2012 | 0.3377 million SLC per square kilometre | -19.5% |
| 2013 | 0.2845 million SLC per square kilometre | -15.8% |
| 2014 | 0.2635 million SLC per square kilometre | -7.4% |
| 2015 | 0.2589 million SLC per square kilometre | -1.8% |
| 2016 | 0.3869 million SLC per square kilometre | +49.5% |
| 2017 | 0.469 million SLC per square kilometre | +21.2% |
| 2018 | 0.4441 million SLC per square kilometre | -5.3% |
| 2019 | 0.4747 million SLC per square kilometre | +6.9% |
| 2020 | 0.5029 million SLC per square kilometre | +6.0% |
| 2021 | 0.5124 million SLC per square kilometre | +1.9% |
| 2022 | 0.5583 million SLC per square kilometre | +9.0% |
| 2023 | 0.6204 million SLC per square kilometre | +11.1% |
Cyprus compared with similar countries
- Cyprus's 0.6204 million SLC per square kilometre is below the median for high income countries, which is 1.92 million SLC per square kilometre, 32% of the median. (73 countries reporting)
- Cyprus's 0.6204 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.13 million SLC per square kilometre, 55% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1655 million SLC per square kilometre | 0.082 million SLC per square kilometre | 0.236 million SLC per square kilometre | 10 |
| 1980s | 0.264 million SLC per square kilometre | 0.2323 million SLC per square kilometre | 0.3425 million SLC per square kilometre | 10 |
| 1990s | 0.3251 million SLC per square kilometre | 0.2725 million SLC per square kilometre | 0.3878 million SLC per square kilometre | 10 |
| 2000s | 0.4119 million SLC per square kilometre | 0.3097 million SLC per square kilometre | 0.5582 million SLC per square kilometre | 10 |
| 2010s | 0.3814 million SLC per square kilometre | 0.2589 million SLC per square kilometre | 0.4752 million SLC per square kilometre | 10 |
| 2020s | 0.5485 million SLC per square kilometre | 0.5029 million SLC per square kilometre | 0.6204 million SLC per square kilometre | 4 |
Countries ranked near Cyprus
- 121 Ukraine 0.7383 million SLC per square kilometre compare
- 122 Morocco 0.713 million SLC per square kilometre compare
- 123 Palestine 0.6329 million SLC per square kilometre compare
- 125 South Africa 0.5744 million SLC per square kilometre compare
- 126 Tuvalu 0.5587 million SLC per square kilometre compare
- 127 Eswatini 0.539 million SLC per square kilometre 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 — value standard local currency, 2015 in Cyprus?
- Gross fixed capital formation — value standard local currency, 2015 in Cyprus was 0.6204 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Cyprus?
- The highest recorded value was 0.6204 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Cyprus?
- The lowest recorded value was 0.082 million SLC per square kilometre in 1975.
- How does Cyprus rank for gross fixed capital formation — value standard local currency, 2015?
- Cyprus ranks 124th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Cyprus?
- Over the last ten years it is up 118.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.