Gross savings in Cyprus
Cyprus: Gross savings was 12.8% in 2025. ▼ Falling
Gross savings in Cyprus, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2025, gross savings in Cyprus stood at 12.8%.
The figure is up 3.0% on the previous year and down 1.6% over ten years.
Over the whole period, gross savings in Cyprus peaked at 26.9% in 1986 and was at its lowest, 9.2%, in 2014.
That places Cyprus 150th out of 177 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 50 years of available data.
Gross savings in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1976 | 16.6% | — |
| 1977 | 19.4% | +16.4% |
| 1978 | 18.3% | -5.5% |
| 1979 | 23.4% | +27.9% |
| 1980 | 22.5% | -4.0% |
| 1981 | 22.5% | +0.2% |
| 1982 | 22.0% | -2.3% |
| 1983 | 20.0% | -9.2% |
| 1984 | 23.4% | +17.2% |
| 1985 | 23.2% | -0.9% |
| 1986 | 26.9% | +15.9% |
| 1987 | 25.8% | -4.2% |
| 1988 | 24.6% | -4.5% |
| 1989 | 26.3% | +7.1% |
| 1990 | 23.1% | -12.3% |
| 1991 | 17.2% | -25.7% |
| 1992 | 18.6% | +8.2% |
| 1993 | 24.8% | +33.5% |
| 1994 | 26.0% | +4.8% |
| 1995 | 21.1% | -18.6% |
| 1996 | 19.3% | -8.5% |
| 1997 | 17.5% | -9.2% |
| 1998 | 25.0% | +42.4% |
| 1999 | 17.7% | -29.2% |
| 2000 | 16.0% | -9.3% |
| 2001 | 15.7% | -2.3% |
| 2002 | 17.3% | +10.4% |
| 2003 | 17.9% | +3.6% |
| 2004 | 17.1% | -4.7% |
| 2005 | 17.0% | -0.6% |
| 2006 | 16.9% | -0.7% |
| 2007 | 12.9% | -23.8% |
| 2008 | 13.9% | +8.0% |
| 2009 | 15.8% | +14.1% |
| 2010 | 13.0% | -17.7% |
| 2011 | 16.3% | +25.4% |
| 2012 | 12.1% | -26.2% |
| 2013 | 11.1% | -8.4% |
| 2014 | 9.2% | -17.0% |
| 2015 | 13.1% | +42.2% |
| 2016 | 13.1% | +0.4% |
| 2017 | 15.4% | +17.3% |
| 2018 | 15.1% | -2.0% |
| 2019 | 14.0% | -7.2% |
| 2020 | 11.0% | -21.6% |
| 2021 | 14.1% | +29.1% |
| 2022 | 13.7% | -3.0% |
| 2023 | 11.7% | -14.4% |
| 2024 | 12.5% | +6.3% |
| 2025 | 12.8% | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.4% | 16.6% | 23.4% | 4 |
| 1980s | 23.7% | 20.0% | 26.9% | 10 |
| 1990s | 21.0% | 17.2% | 26.0% | 10 |
| 2000s | 16.0% | 12.9% | 17.9% | 10 |
| 2010s | 13.2% | 9.2% | 16.3% | 10 |
| 2020s | 12.6% | 11.0% | 14.1% | 6 |
Countries ranked near Cyprus
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)
- Manufacturing, value added (constant LCU), per capita 961.96 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 9.66 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1115 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 3,353 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.04 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.0987 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2,967 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.59 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Cyprus?
- Gross savings in Cyprus was 12.8% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Cyprus?
- The highest recorded value was 26.9% in 1986.
- What is the lowest gross savings recorded in Cyprus?
- The lowest recorded value was 9.2% in 2014.
- How does Cyprus rank for gross savings?
- Cyprus ranks 150th out of 177 countries with data for 2025.
- Is gross savings rising or falling in Cyprus?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.