Gross Fixed Capital Formation — Value Standard Local Currency, per in Cyprus

Cyprus: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.7251 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
0.7251 million SLC per square kilometre
Change on year
up 13.6%
World rank
132nd
of 194 countries
All-time high
0.7251 million SLC per square kilometre
in 2023
All-time low
0.0141 million SLC per square kilometre
in 1975
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, per in Cyprus, 1970–2023

00.20.40.60.8197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, per in Cyprus is 0.7251 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.

That represents a change of up 13.6% on the previous year and up 162.4% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in Cyprus peaked at 0.7251 million SLC per square kilometre in 2023 and was at its lowest, 0.0141 million SLC per square kilometre, in 1975.

Cyprus ranks 132nd of 194 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, per in Cyprus, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre in Cyprus, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0149 million SLC per square kilometre
1971 0.0164 million SLC per square kilometre +9.8%
1972 0.0188 million SLC per square kilometre +14.9%
1973 0.0264 million SLC per square kilometre +40.3%
1974 0.0224 million SLC per square kilometre -15.2%
1975 0.0141 million SLC per square kilometre -36.9%
1976 0.0192 million SLC per square kilometre +35.8%
1977 0.034 million SLC per square kilometre +77.2%
1978 0.0465 million SLC per square kilometre +36.8%
1979 0.0599 million SLC per square kilometre +28.8%
1980 0.0709 million SLC per square kilometre +18.5%
1981 0.0753 million SLC per square kilometre +6.1%
1982 0.0831 million SLC per square kilometre +10.4%
1983 0.0862 million SLC per square kilometre +3.7%
1984 0.1126 million SLC per square kilometre +30.5%
1985 0.11 million SLC per square kilometre -2.3%
1986 0.1048 million SLC per square kilometre -4.7%
1987 0.114 million SLC per square kilometre +8.8%
1988 0.1339 million SLC per square kilometre +17.4%
1989 0.1696 million SLC per square kilometre +26.6%
1990 0.1716 million SLC per square kilometre +1.2%
1991 0.1774 million SLC per square kilometre +3.4%
1992 0.2172 million SLC per square kilometre +22.4%
1993 0.2023 million SLC per square kilometre -6.9%
1994 0.2047 million SLC per square kilometre +1.2%
1995 0.2078 million SLC per square kilometre +1.5%
1996 0.2062 million SLC per square kilometre -0.7%
1997 0.2254 million SLC per square kilometre +9.3%
1998 0.1968 million SLC per square kilometre -12.7%
1999 0.2304 million SLC per square kilometre +17.1%
2000 0.2379 million SLC per square kilometre +3.2%
2001 0.2418 million SLC per square kilometre +1.6%
2002 0.2765 million SLC per square kilometre +14.4%
2003 0.2847 million SLC per square kilometre +3.0%
2004 0.313 million SLC per square kilometre +10.0%
2005 0.3521 million SLC per square kilometre +12.5%
2006 0.4432 million SLC per square kilometre +25.9%
2007 0.489 million SLC per square kilometre +10.3%
2008 0.5624 million SLC per square kilometre +15.0%
2009 0.4758 million SLC per square kilometre -15.4%
2010 0.474 million SLC per square kilometre -0.4%
2011 0.4107 million SLC per square kilometre -13.4%
2012 0.3298 million SLC per square kilometre -19.7%
2013 0.2763 million SLC per square kilometre -16.2%
2014 0.2539 million SLC per square kilometre -8.1%
2015 0.2589 million SLC per square kilometre +2.0%
2016 0.3727 million SLC per square kilometre +44.0%
2017 0.4555 million SLC per square kilometre +22.2%
2018 0.4402 million SLC per square kilometre -3.4%
2019 0.4749 million SLC per square kilometre +7.9%
2020 0.5066 million SLC per square kilometre +6.7%
2021 0.5373 million SLC per square kilometre +6.0%
2022 0.6382 million SLC per square kilometre +18.8%
2023 0.7251 million SLC per square kilometre +13.6%

Cyprus compared with similar countries

  • Cyprus's 0.7251 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 30% of the median. (73 countries reporting)
  • Cyprus's 0.7251 million SLC per square kilometre is below the median for Europe & Central Asia, which is 1.89 million SLC per square kilometre, 38% of the median. (52 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0272 million SLC per square kilometre 0.0141 million SLC per square kilometre 0.0599 million SLC per square kilometre 10
1980s 0.106 million SLC per square kilometre 0.0709 million SLC per square kilometre 0.1696 million SLC per square kilometre 10
1990s 0.204 million SLC per square kilometre 0.1716 million SLC per square kilometre 0.2304 million SLC per square kilometre 10
2000s 0.3676 million SLC per square kilometre 0.2379 million SLC per square kilometre 0.5624 million SLC per square kilometre 10
2010s 0.3747 million SLC per square kilometre 0.2539 million SLC per square kilometre 0.4749 million SLC per square kilometre 10
2020s 0.6018 million SLC per square kilometre 0.5066 million SLC per square kilometre 0.7251 million SLC per square kilometre 4

Countries ranked near Cyprus

  1. 129 South Africa 0.8707 million SLC per square kilometre compare
  2. 130 Morocco 0.8386 million SLC per square kilometre compare
  3. 131 Eswatini 0.7802 million SLC per square kilometre compare
  4. 133 Palestine 0.7146 million SLC per square kilometre compare
  5. 134 Slovenia 0.6778 million SLC per square kilometre compare
  6. 135 United States 0.6482 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in Cyprus?
Gross fixed capital formation — value standard local currency, per in Cyprus was 0.7251 million SLC per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in Cyprus?
The highest recorded value was 0.7251 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in Cyprus?
The lowest recorded value was 0.0141 million SLC per square kilometre in 1975.
How does Cyprus rank for gross fixed capital formation — value standard local currency, per?
Cyprus ranks 132nd out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in Cyprus?
Over the last ten years it is up 162.4%. The long-run trend across the full record is volatile.
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, per square kilometre. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-square-kilometre/cyprus/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency 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 ÷ Land area (sq. km)

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency 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.