Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus
Cyprus: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 5,738 million SLC in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Cyprus recorded 5,738 million SLC for gross fixed capital formation — value standard local currency, 2015 in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 0.1% on the previous year and up 135.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Cyprus peaked at 5,738 million SLC in 2024 and was at its lowest, 757.69 million SLC, in 1975.
Cyprus ranks 151st of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Cyprus, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,652 million SLC | — |
| 1971 | 1,671 million SLC | +1.2% |
| 1972 | 1,744 million SLC | +4.4% |
| 1973 | 1,718 million SLC | -1.5% |
| 1974 | 1,213 million SLC | -29.4% |
| 1975 | 757.69 million SLC | -37.5% |
| 1976 | 939.83 million SLC | +24.0% |
| 1977 | 1,544 million SLC | +64.3% |
| 1978 | 1,874 million SLC | +21.4% |
| 1979 | 2,181 million SLC | +16.3% |
| 1980 | 2,294 million SLC | +5.2% |
| 1981 | 2,146 million SLC | -6.5% |
| 1982 | 2,227 million SLC | +3.8% |
| 1983 | 2,179 million SLC | -2.2% |
| 1984 | 2,648 million SLC | +21.5% |
| 1985 | 2,444 million SLC | -7.7% |
| 1986 | 2,271 million SLC | -7.1% |
| 1987 | 2,384 million SLC | +5.0% |
| 1988 | 2,636 million SLC | +10.6% |
| 1989 | 3,164 million SLC | +20.0% |
| 1990 | 3,077 million SLC | -2.8% |
| 1991 | 3,050 million SLC | -0.9% |
| 1992 | 3,583 million SLC | +17.5% |
| 1993 | 3,141 million SLC | -12.4% |
| 1994 | 2,989 million SLC | -4.8% |
| 1995 | 2,972 million SLC | -0.6% |
| 1996 | 2,848 million SLC | -4.2% |
| 1997 | 2,967 million SLC | +4.2% |
| 1998 | 2,518 million SLC | -15.2% |
| 1999 | 2,892 million SLC | +14.9% |
| 2000 | 2,862 million SLC | -1.0% |
| 2001 | 2,862 million SLC | +0.0% |
| 2002 | 3,189 million SLC | +11.4% |
| 2003 | 3,250 million SLC | +1.9% |
| 2004 | 3,438 million SLC | +5.8% |
| 2005 | 3,660 million SLC | +6.5% |
| 2006 | 4,424 million SLC | +20.9% |
| 2007 | 4,757 million SLC | +7.5% |
| 2008 | 5,158 million SLC | +8.4% |
| 2009 | 4,455 million SLC | -13.6% |
| 2010 | 4,391 million SLC | -1.4% |
| 2011 | 3,877 million SLC | -11.7% |
| 2012 | 3,120 million SLC | -19.5% |
| 2013 | 2,629 million SLC | -15.8% |
| 2014 | 2,435 million SLC | -7.4% |
| 2015 | 2,392 million SLC | -1.8% |
| 2016 | 3,575 million SLC | +49.5% |
| 2017 | 4,333 million SLC | +21.2% |
| 2018 | 4,104 million SLC | -5.3% |
| 2019 | 4,386 million SLC | +6.9% |
| 2020 | 4,647 million SLC | +6.0% |
| 2021 | 4,735 million SLC | +1.9% |
| 2022 | 5,159 million SLC | +9.0% |
| 2023 | 5,732 million SLC | +11.1% |
| 2024 | 5,738 million SLC | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,530 million SLC | 757.69 million SLC | 2,181 million SLC | 10 |
| 1980s | 2,439 million SLC | 2,146 million SLC | 3,164 million SLC | 10 |
| 1990s | 3,004 million SLC | 2,518 million SLC | 3,583 million SLC | 10 |
| 2000s | 3,805 million SLC | 2,862 million SLC | 5,158 million SLC | 10 |
| 2010s | 3,524 million SLC | 2,392 million SLC | 4,391 million SLC | 10 |
| 2020s | 5,202 million SLC | 4,647 million SLC | 5,738 million SLC | 5 |
Countries ranked near Cyprus
- 148 El Salvador 6,219 million SLC compare
- 149 South Sudan 6,018 million SLC compare
- 150 Papua New Guinea 5,965 million SLC compare
- 152 Brunei Darussalam 5,498 million SLC compare
- 153 Jordan 5,269 million SLC compare
- 154 Bahrain 4,498 million SLC 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)
- GNI (current LCU), annual growth rate 4.54 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 0.7865 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 23,654 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -12.9 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -8.14 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 6.22 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1089 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,276 current US$ per person (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 5,738 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Cyprus?
- The highest recorded value was 5,738 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Cyprus?
- The lowest recorded value was 757.69 million SLC in 1975.
- How does Cyprus rank for gross fixed capital formation — value standard local currency, 2015?
- Cyprus ranks 151st out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Cyprus?
- Over the last ten years it is up 135.7%. 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).