Gross Fixed Capital Formation — Value Standard Local Currency in Cyprus
Cyprus: Gross Fixed Capital Formation — Value Standard Local Currency was 6,864 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Cyprus, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Cyprus is 6,864 million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 192.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Cyprus peaked at 6,864 million SLC in 2024 and was at its lowest, 130.49 million SLC, in 1975.
That places Cyprus 167th out of 214 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 251.79 million SLC | 130.49 million SLC | 553.44 million SLC | 10 |
| 1980s | 979.86 million SLC | 655.56 million SLC | 1,567 million SLC | 10 |
| 1990s | 1,885 million SLC | 1,586 million SLC | 2,129 million SLC | 10 |
| 2000s | 3,397 million SLC | 2,198 million SLC | 5,197 million SLC | 10 |
| 2010s | 3,462 million SLC | 2,346 million SLC | 4,388 million SLC | 10 |
| 2020s | 5,821 million SLC | 4,681 million SLC | 6,864 million SLC | 5 |
Countries ranked near Cyprus
- 164 El Salvador 7,907 million SLC compare
- 165 Greenland 7,114 million SLC compare
- 166 Yemen Ar Rp 6,959 million SLC compare
- 168 Jordan 5,938 million SLC compare
- 169 Brunei Darussalam 5,818 million SLC compare
- 170 Bahrain 5,082 million SLC compare
More economy & growth data for Cyprus
- External balance on goods and services as a percent of gdp 5.65 (2025)
- Inflation of consumer prices 0.1265 (2025)
- Gdp per capita worldbank constant usd 33,527 (2025)
- Manufacturing value added to gdp 4.39 (2025)
- Gdp worldbank constant usd 33.08 billion (2025)
- Gdp per capita in international and market dollars 33,527 (2025)
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -338.90 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -382.95 million current US$ (2025)
- Taxes less subsidies on products 3.97 billion current LCU (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Cyprus?
- Gross fixed capital formation — value standard local currency in Cyprus was 6,864 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 recorded in Cyprus?
- The highest recorded value was 6,864 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Cyprus?
- The lowest recorded value was 130.49 million SLC in 1975.
- How does Cyprus rank for gross fixed capital formation — value standard local currency?
- Cyprus ranks 167th out of 214 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Cyprus?
- Over the last ten years it is up 192.6%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).