Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cyprus
Cyprus: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.6883 million USD per square kilometre in 2023. ▲ Rising
Latest (2023)
0.6883 million USD per square kilometre
Change on year
up 11.1%
World rank
43rd
of 194 countries
All-time high
0.6883 million USD per square kilometre
in 2023
All-time low
0.091 million USD per square kilometre
in 1975
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cyprus, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Cyprus recorded 0.6883 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 11.1% on the previous year and up 118.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Cyprus peaked at 0.6883 million USD per square kilometre in 2023 and was at its lowest, 0.091 million USD per square kilometre, in 1975.
Cyprus ranks 43rd of 194 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Cyprus, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.1984 million USD per square kilometre | — |
| 1971 | 0.2007 million USD per square kilometre | +1.2% |
| 1972 | 0.2095 million USD per square kilometre | +4.4% |
| 1973 | 0.2062 million USD per square kilometre | -1.5% |
| 1974 | 0.1457 million USD per square kilometre | -29.4% |
| 1975 | 0.091 million USD per square kilometre | -37.5% |
| 1976 | 0.1129 million USD per square kilometre | +24.0% |
| 1977 | 0.1854 million USD per square kilometre | +64.3% |
| 1978 | 0.2251 million USD per square kilometre | +21.4% |
| 1979 | 0.2618 million USD per square kilometre | +16.3% |
| 1980 | 0.2755 million USD per square kilometre | +5.2% |
| 1981 | 0.2577 million USD per square kilometre | -6.5% |
| 1982 | 0.2675 million USD per square kilometre | +3.8% |
| 1983 | 0.2616 million USD per square kilometre | -2.2% |
| 1984 | 0.318 million USD per square kilometre | +21.5% |
| 1985 | 0.2934 million USD per square kilometre | -7.7% |
| 1986 | 0.2727 million USD per square kilometre | -7.1% |
| 1987 | 0.2862 million USD per square kilometre | +5.0% |
| 1988 | 0.3166 million USD per square kilometre | +10.6% |
| 1989 | 0.38 million USD per square kilometre | +20.0% |
| 1990 | 0.3694 million USD per square kilometre | -2.8% |
| 1991 | 0.3662 million USD per square kilometre | -0.9% |
| 1992 | 0.4303 million USD per square kilometre | +17.5% |
| 1993 | 0.3771 million USD per square kilometre | -12.4% |
| 1994 | 0.3589 million USD per square kilometre | -4.8% |
| 1995 | 0.3569 million USD per square kilometre | -0.6% |
| 1996 | 0.3419 million USD per square kilometre | -4.2% |
| 1997 | 0.3563 million USD per square kilometre | +4.2% |
| 1998 | 0.3023 million USD per square kilometre | -15.2% |
| 1999 | 0.3472 million USD per square kilometre | +14.9% |
| 2000 | 0.3436 million USD per square kilometre | -1.0% |
| 2001 | 0.3437 million USD per square kilometre | +0.0% |
| 2002 | 0.3829 million USD per square kilometre | +11.4% |
| 2003 | 0.3902 million USD per square kilometre | +1.9% |
| 2004 | 0.4128 million USD per square kilometre | +5.8% |
| 2005 | 0.4395 million USD per square kilometre | +6.5% |
| 2006 | 0.5313 million USD per square kilometre | +20.9% |
| 2007 | 0.5712 million USD per square kilometre | +7.5% |
| 2008 | 0.6194 million USD per square kilometre | +8.4% |
| 2009 | 0.5349 million USD per square kilometre | -13.6% |
| 2010 | 0.5273 million USD per square kilometre | -1.4% |
| 2011 | 0.4655 million USD per square kilometre | -11.7% |
| 2012 | 0.3747 million USD per square kilometre | -19.5% |
| 2013 | 0.3156 million USD per square kilometre | -15.7% |
| 2014 | 0.2924 million USD per square kilometre | -7.4% |
| 2015 | 0.2872 million USD per square kilometre | -1.8% |
| 2016 | 0.4293 million USD per square kilometre | +49.5% |
| 2017 | 0.5203 million USD per square kilometre | +21.2% |
| 2018 | 0.4928 million USD per square kilometre | -5.3% |
| 2019 | 0.5266 million USD per square kilometre | +6.9% |
| 2020 | 0.558 million USD per square kilometre | +6.0% |
| 2021 | 0.5685 million USD per square kilometre | +1.9% |
| 2022 | 0.6195 million USD per square kilometre | +9.0% |
| 2023 | 0.6883 million USD per square kilometre | +11.1% |
Cyprus compared with similar countries
- Cyprus's 0.6883 million USD per square kilometre is above the median for high income countries, which is 0.6883 million USD per square kilometre, 1.0× the median. (73 countries reporting)
- Cyprus's 0.6883 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.2754 million USD per square kilometre, 2.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1837 million USD per square kilometre | 0.091 million USD per square kilometre | 0.2618 million USD per square kilometre | 10 |
| 1980s | 0.2929 million USD per square kilometre | 0.2577 million USD per square kilometre | 0.38 million USD per square kilometre | 10 |
| 1990s | 0.3607 million USD per square kilometre | 0.3023 million USD per square kilometre | 0.4303 million USD per square kilometre | 10 |
| 2000s | 0.457 million USD per square kilometre | 0.3436 million USD per square kilometre | 0.6194 million USD per square kilometre | 10 |
| 2010s | 0.4232 million USD per square kilometre | 0.2872 million USD per square kilometre | 0.5273 million USD per square kilometre | 10 |
| 2020s | 0.6086 million USD per square kilometre | 0.558 million USD per square kilometre | 0.6883 million USD per square kilometre | 4 |
Countries ranked near Cyprus
- 40 Seychelles 0.7791 million USD per square kilometre compare
- 41 Brunei 0.7773 million USD per square kilometre compare
- 42 Saint Lucia 0.7122 million USD per square kilometre compare
- 44 Palestine 0.6329 million USD per square kilometre compare
- 45 Slovenia 0.5581 million USD per square kilometre compare
- 46 Dominican Republic 0.537 million USD 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Cyprus?
- Gross fixed capital formation — value us$, 2015 prices, per square in Cyprus was 0.6883 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cyprus?
- The highest recorded value was 0.6883 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Cyprus?
- The lowest recorded value was 0.091 million USD per square kilometre in 1975.
- How does Cyprus rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Cyprus ranks 43rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Cyprus?
- Over the last ten years it is up 118.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.