Industry (including construction), value added in Cyprus
Cyprus: Industry (including construction), value added was 3.31 billion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2025, industry (including construction), value added in Cyprus stood at 3.31 billion constant LCU.
That represents a change of up 3.6% on the previous year and up 72.0% over ten years.
Over the whole period, industry (including construction), value added in Cyprus peaked at 3.50 billion constant LCU in 2007 and was at its lowest, 726.65 million constant LCU, in 1975.
Cyprus ranks 164th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 51 years of available data.
Industry (including construction), value added in Cyprus, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 726.65 million constant LCU | — |
| 1976 | 958.94 million constant LCU | +32.0% |
| 1977 | 1.20 billion constant LCU | +25.0% |
| 1978 | 1.33 billion constant LCU | +11.0% |
| 1979 | 1.47 billion constant LCU | +10.4% |
| 1980 | 1.54 billion constant LCU | +4.8% |
| 1981 | 1.49 billion constant LCU | -3.3% |
| 1982 | 1.52 billion constant LCU | +2.2% |
| 1983 | 1.55 billion constant LCU | +2.0% |
| 1984 | 1.63 billion constant LCU | +4.9% |
| 1985 | 1.65 billion constant LCU | +1.7% |
| 1986 | 1.68 billion constant LCU | +1.5% |
| 1987 | 1.79 billion constant LCU | +6.8% |
| 1988 | 1.91 billion constant LCU | +6.3% |
| 1989 | 1.99 billion constant LCU | +4.3% |
| 1990 | 2.09 billion constant LCU | +5.0% |
| 1991 | 2.14 billion constant LCU | +2.2% |
| 1992 | 2.24 billion constant LCU | +5.1% |
| 1993 | 2.17 billion constant LCU | -3.2% |
| 1994 | 2.23 billion constant LCU | +2.7% |
| 1995 | 2.30 billion constant LCU | +3.0% |
| 1996 | 2.25 billion constant LCU | -1.9% |
| 1997 | 2.25 billion constant LCU | -0.0% |
| 1998 | 2.29 billion constant LCU | +1.7% |
| 1999 | 2.35 billion constant LCU | +2.5% |
| 2000 | 2.35 billion constant LCU | -0.1% |
| 2001 | 2.48 billion constant LCU | +5.7% |
| 2002 | 2.65 billion constant LCU | +6.6% |
| 2003 | 2.88 billion constant LCU | +8.8% |
| 2004 | 3.07 billion constant LCU | +6.6% |
| 2005 | 3.18 billion constant LCU | +3.6% |
| 2006 | 3.30 billion constant LCU | +3.8% |
| 2007 | 3.50 billion constant LCU | +6.0% |
| 2008 | 3.46 billion constant LCU | -1.1% |
| 2009 | 3.04 billion constant LCU | -12.3% |
| 2010 | 2.88 billion constant LCU | -5.1% |
| 2011 | 2.63 billion constant LCU | -8.8% |
| 2012 | 2.32 billion constant LCU | -11.7% |
| 2013 | 1.98 billion constant LCU | -14.8% |
| 2014 | 1.87 billion constant LCU | -5.6% |
| 2015 | 1.93 billion constant LCU | +3.2% |
| 2016 | 2.22 billion constant LCU | +15.0% |
| 2017 | 2.43 billion constant LCU | +9.7% |
| 2018 | 2.75 billion constant LCU | +13.1% |
| 2019 | 3.04 billion constant LCU | +10.5% |
| 2020 | 2.93 billion constant LCU | -3.6% |
| 2021 | 2.93 billion constant LCU | -0.0% |
| 2022 | 2.69 billion constant LCU | -8.1% |
| 2023 | 3.06 billion constant LCU | +13.7% |
| 2024 | 3.20 billion constant LCU | +4.6% |
| 2025 | 3.31 billion constant LCU | +3.6% |
Cyprus compared with similar countries
- Cyprus's 3.31 billion constant LCU is below the median for high income countries, which is 57.24 billion constant LCU, 6% of the median. (70 countries reporting)
- Cyprus's 3.31 billion constant LCU is below the median for Europe & Central Asia, which is 99.16 billion constant LCU, 3% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.14 billion constant LCU | 726.65 million constant LCU | 1.47 billion constant LCU | 5 |
| 1980s | 1.67 billion constant LCU | 1.49 billion constant LCU | 1.99 billion constant LCU | 10 |
| 1990s | 2.23 billion constant LCU | 2.09 billion constant LCU | 2.35 billion constant LCU | 10 |
| 2000s | 2.99 billion constant LCU | 2.35 billion constant LCU | 3.50 billion constant LCU | 10 |
| 2010s | 2.40 billion constant LCU | 1.87 billion constant LCU | 3.04 billion constant LCU | 10 |
| 2020s | 3.02 billion constant LCU | 2.69 billion constant LCU | 3.31 billion constant LCU | 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)
- 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 industry (including construction), value added in Cyprus?
- Industry (including construction), value added in Cyprus was 3.31 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Cyprus?
- The highest recorded value was 3.50 billion constant LCU in 2007.
- What is the lowest industry (including construction), value added recorded in Cyprus?
- The lowest recorded value was 726.65 million constant LCU in 1975.
- How does Cyprus rank for industry (including construction), value added?
- Cyprus ranks 164th out of 200 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Cyprus?
- Over the last ten years it is up 72.0%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.