Gross Fixed Capital Formation — Value US$, per square kilometre in Cyprus
Cyprus: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.784 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.784 million USD per square kilometre
Change on year
up 16.7%
World rank
43rd
of 194 countries
All-time high
0.8272 million USD per square kilometre
in 2008
All-time low
0.0209 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, per square kilometre in Cyprus, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, per square kilometre in Cyprus stood at 0.784 million USD per square kilometre.
That represents a change of up 16.7% on the previous year and up 113.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Cyprus peaked at 0.8272 million USD per square kilometre in 2008 and was at its lowest, 0.0209 million USD per square kilometre, in 1970.
That places Cyprus 43rd out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Cyprus, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0209 million USD per square kilometre | — |
| 1971 | 0.0233 million USD per square kilometre | +11.3% |
| 1972 | 0.0287 million USD per square kilometre | +23.0% |
| 1973 | 0.0441 million USD per square kilometre | +53.8% |
| 1974 | 0.0359 million USD per square kilometre | -18.6% |
| 1975 | 0.0224 million USD per square kilometre | -37.6% |
| 1976 | 0.0274 million USD per square kilometre | +22.1% |
| 1977 | 0.0488 million USD per square kilometre | +78.3% |
| 1978 | 0.0729 million USD per square kilometre | +49.4% |
| 1979 | 0.0989 million USD per square kilometre | +35.7% |
| 1980 | 0.1176 million USD per square kilometre | +18.9% |
| 1981 | 0.1046 million USD per square kilometre | -11.1% |
| 1982 | 0.1024 million USD per square kilometre | -2.1% |
| 1983 | 0.0958 million USD per square kilometre | -6.4% |
| 1984 | 0.112 million USD per square kilometre | +16.8% |
| 1985 | 0.1051 million USD per square kilometre | -6.2% |
| 1986 | 0.1184 million USD per square kilometre | +12.6% |
| 1987 | 0.1387 million USD per square kilometre | +17.2% |
| 1988 | 0.168 million USD per square kilometre | +21.1% |
| 1989 | 0.2006 million USD per square kilometre | +19.4% |
| 1990 | 0.2193 million USD per square kilometre | +9.3% |
| 1991 | 0.2236 million USD per square kilometre | +2.0% |
| 1992 | 0.2828 million USD per square kilometre | +26.5% |
| 1993 | 0.238 million USD per square kilometre | -15.8% |
| 1994 | 0.2434 million USD per square kilometre | +2.3% |
| 1995 | 0.2688 million USD per square kilometre | +10.4% |
| 1996 | 0.2589 million USD per square kilometre | -3.7% |
| 1997 | 0.2568 million USD per square kilometre | -0.8% |
| 1998 | 0.2224 million USD per square kilometre | -13.4% |
| 1999 | 0.2484 million USD per square kilometre | +11.7% |
| 2000 | 0.2237 million USD per square kilometre | -10.0% |
| 2001 | 0.22 million USD per square kilometre | -1.6% |
| 2002 | 0.265 million USD per square kilometre | +20.4% |
| 2003 | 0.322 million USD per square kilometre | +21.5% |
| 2004 | 0.391 million USD per square kilometre | +21.4% |
| 2005 | 0.444 million USD per square kilometre | +13.6% |
| 2006 | 0.5652 million USD per square kilometre | +27.3% |
| 2007 | 0.6716 million USD per square kilometre | +18.8% |
| 2008 | 0.8272 million USD per square kilometre | +23.2% |
| 2009 | 0.6637 million USD per square kilometre | -19.8% |
| 2010 | 0.6284 million USD per square kilometre | -5.3% |
| 2011 | 0.5717 million USD per square kilometre | -9.0% |
| 2012 | 0.4237 million USD per square kilometre | -25.9% |
| 2013 | 0.367 million USD per square kilometre | -13.4% |
| 2014 | 0.3373 million USD per square kilometre | -8.1% |
| 2015 | 0.2872 million USD per square kilometre | -14.8% |
| 2016 | 0.4125 million USD per square kilometre | +43.6% |
| 2017 | 0.5146 million USD per square kilometre | +24.7% |
| 2018 | 0.5199 million USD per square kilometre | +1.0% |
| 2019 | 0.5316 million USD per square kilometre | +2.3% |
| 2020 | 0.5787 million USD per square kilometre | +8.8% |
| 2021 | 0.6355 million USD per square kilometre | +9.8% |
| 2022 | 0.6721 million USD per square kilometre | +5.8% |
| 2023 | 0.784 million USD per square kilometre | +16.7% |
Cyprus compared with similar countries
- Cyprus's 0.784 million USD per square kilometre is above the median for high income countries, which is 0.7652 million USD per square kilometre, 1.0× the median. (73 countries reporting)
- Cyprus's 0.784 million USD per square kilometre is above the median for Europe & Central Asia, which is 0.3249 million USD per square kilometre, 2.4× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0423 million USD per square kilometre | 0.0209 million USD per square kilometre | 0.0989 million USD per square kilometre | 10 |
| 1980s | 0.1263 million USD per square kilometre | 0.0958 million USD per square kilometre | 0.2006 million USD per square kilometre | 10 |
| 1990s | 0.2462 million USD per square kilometre | 0.2193 million USD per square kilometre | 0.2828 million USD per square kilometre | 10 |
| 2000s | 0.4593 million USD per square kilometre | 0.22 million USD per square kilometre | 0.8272 million USD per square kilometre | 10 |
| 2010s | 0.4594 million USD per square kilometre | 0.2872 million USD per square kilometre | 0.6284 million USD per square kilometre | 10 |
| 2020s | 0.6676 million USD per square kilometre | 0.5787 million USD per square kilometre | 0.784 million USD per square kilometre | 4 |
Countries ranked near Cyprus
- 40 Saint Lucia 0.8438 million USD per square kilometre compare
- 41 Brunei 0.8428 million USD per square kilometre compare
- 42 Dominican Republic 0.8118 million USD per square kilometre compare
- 44 Seychelles 0.7652 million USD per square kilometre compare
- 45 Slovenia 0.7329 million USD per square kilometre compare
- 46 Palestine 0.7146 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Cyprus?
- Gross fixed capital formation — value us$, per square kilometre in Cyprus was 0.784 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Cyprus?
- The highest recorded value was 0.8272 million USD per square kilometre in 2008.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Cyprus?
- The lowest recorded value was 0.0209 million USD per square kilometre in 1970.
- How does Cyprus rank for gross fixed capital formation — value us$, per square kilometre?
- Cyprus ranks 43rd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Cyprus?
- Over the last ten years it is up 113.7%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.