Gross savings in Cyprus
Cyprus: Gross savings was 14.5% in 2025. ▼ Falling
Gross savings in Cyprus, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
In 2025, gross savings in Cyprus stood at 14.5%.
The figure is up 3.4% on the previous year and up 10.0% over ten years.
Over the whole period, gross savings in Cyprus peaked at 27.2% in 1986 and was at its lowest, 9.4%, in 2014.
That places Cyprus 141st 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 GNI | Change |
|---|---|---|
| 1976 | 16.6% | — |
| 1977 | 19.1% | +15.5% |
| 1978 | 18.1% | -5.4% |
| 1979 | 23.2% | +28.3% |
| 1980 | 22.3% | -4.1% |
| 1981 | 22.3% | +0.4% |
| 1982 | 21.8% | -2.2% |
| 1983 | 20.0% | -8.5% |
| 1984 | 23.4% | +17.0% |
| 1985 | 23.2% | -0.9% |
| 1986 | 27.2% | +17.5% |
| 1987 | 26.0% | -4.4% |
| 1988 | 24.8% | -4.5% |
| 1989 | 26.5% | +6.7% |
| 1990 | 23.2% | -12.4% |
| 1991 | 17.3% | -25.7% |
| 1992 | 18.7% | +8.3% |
| 1993 | 24.9% | +33.4% |
| 1994 | 26.1% | +4.9% |
| 1995 | 22.3% | -14.9% |
| 1996 | 20.3% | -8.8% |
| 1997 | 18.6% | -8.6% |
| 1998 | 24.3% | +30.7% |
| 1999 | 18.8% | -22.6% |
| 2000 | 17.6% | -6.5% |
| 2001 | 16.9% | -3.8% |
| 2002 | 18.3% | +8.1% |
| 2003 | 18.7% | +2.4% |
| 2004 | 18.1% | -3.2% |
| 2005 | 17.9% | -1.1% |
| 2006 | 17.9% | -0.3% |
| 2007 | 13.7% | -23.1% |
| 2008 | 14.1% | +2.8% |
| 2009 | 15.9% | +12.6% |
| 2010 | 13.2% | -16.7% |
| 2011 | 15.9% | +20.4% |
| 2012 | 12.2% | -23.7% |
| 2013 | 11.2% | -7.8% |
| 2014 | 9.4% | -15.8% |
| 2015 | 13.1% | +39.3% |
| 2016 | 13.6% | +3.8% |
| 2017 | 15.9% | +16.2% |
| 2018 | 15.6% | -1.5% |
| 2019 | 14.8% | -5.5% |
| 2020 | 11.7% | -20.5% |
| 2021 | 15.5% | +32.1% |
| 2022 | 15.2% | -2.2% |
| 2023 | 13.1% | -13.6% |
| 2024 | 14.0% | +6.7% |
| 2025 | 14.5% | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.3% | 16.6% | 23.2% | 4 |
| 1980s | 23.8% | 20.0% | 27.2% | 10 |
| 1990s | 21.4% | 17.3% | 26.1% | 10 |
| 2000s | 16.9% | 13.7% | 18.7% | 10 |
| 2010s | 13.5% | 9.4% | 15.9% | 10 |
| 2020s | 14.0% | 11.7% | 15.5% | 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)
- Industry (including construction), value added (constant 2015 US$) 3.59 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0847 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,546 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 3.59 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.0804 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2,418 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.07 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7685 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Cyprus?
- Gross savings in Cyprus was 14.5% 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 27.2% in 1986.
- What is the lowest gross savings recorded in Cyprus?
- The lowest recorded value was 9.4% in 2014.
- How does Cyprus rank for gross savings?
- Cyprus ranks 141st out of 177 countries with data for 2025.
- Is gross savings rising or falling in Cyprus?
- Over the last ten years it is up 10.0%. 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 GNI). 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 National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.