Medium and high-tech manufacturing value added in Cyprus
Cyprus: Medium and high-tech manufacturing value added was 27.7% in 2022. ▲ Rising
Medium and high-tech manufacturing value added in Cyprus, 1990–2022
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.
Analysis
Cyprus recorded 27.7% for medium and high-tech manufacturing value added in 2022. That is the highest value across all 33 years on record.
That represents a change of up 30.1% on the previous year and up 78.5% over ten years.
Over the whole period, medium and high-tech manufacturing value added in Cyprus peaked at 27.7% in 2022 and was at its lowest, 4.2%, in 2005.
That places Cyprus 60th out of 153 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Medium and high-tech manufacturing value added in Cyprus, year by year
| Year | % manufacturing value added | Change |
|---|---|---|
| 1990 | 9.5% | — |
| 1991 | 9.9% | +4.0% |
| 1992 | 9.7% | -1.7% |
| 1993 | 10.6% | +9.1% |
| 1994 | 11.1% | +4.9% |
| 1995 | 10.4% | -6.3% |
| 1996 | 10.0% | -4.2% |
| 1997 | 10.1% | +1.5% |
| 1998 | 10.4% | +2.4% |
| 1999 | 10.3% | -0.9% |
| 2000 | 11.4% | +10.6% |
| 2001 | 11.3% | -0.6% |
| 2002 | 10.7% | -4.9% |
| 2003 | 10.1% | -5.8% |
| 2004 | 10.1% | +0.1% |
| 2005 | 4.2% | -58.5% |
| 2006 | 4.8% | +14.8% |
| 2007 | 5.3% | +9.6% |
| 2008 | 11.9% | +124.4% |
| 2009 | 12.3% | +3.6% |
| 2010 | 13.9% | +13.3% |
| 2011 | 14.7% | +5.2% |
| 2012 | 15.5% | +5.7% |
| 2013 | 18.9% | +21.8% |
| 2014 | 19.9% | +5.4% |
| 2015 | 21.5% | +8.1% |
| 2016 | 18.8% | -12.7% |
| 2017 | 19.9% | +5.9% |
| 2018 | 20.1% | +1.0% |
| 2019 | 20.5% | +2.1% |
| 2020 | 23.5% | +14.4% |
| 2021 | 21.3% | -9.3% |
| 2022 | 27.7% | +30.1% |
Cyprus compared with similar countries
- Cyprus's 27.7% is below the median for high income countries, which is 38.1%, 73% of the median. (57 countries reporting)
- Cyprus's 27.7% is below the median for Europe & Central Asia, which is 33.0%, 84% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Medium and high-tech manufacturing value added in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +124.4% | 5.3% | 11.9% |
| 2005 | -58.5% | 10.1% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.2% | 9.5% | 11.1% | 10 |
| 2000s | 9.2% | 4.2% | 12.3% | 10 |
| 2010s | 18.4% | 13.9% | 21.5% | 10 |
| 2020s | 24.1% | 21.3% | 27.7% | 3 |
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 medium and high-tech manufacturing value added in Cyprus?
- Medium and high-tech manufacturing value added in Cyprus was 27.7% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech manufacturing value added recorded in Cyprus?
- The highest recorded value was 27.7% in 2022.
- What is the lowest medium and high-tech manufacturing value added recorded in Cyprus?
- The lowest recorded value was 4.2% in 2005.
- How does Cyprus rank for medium and high-tech manufacturing value added?
- Cyprus ranks 60th out of 153 countries with data for 2022.
- Is medium and high-tech manufacturing value added rising or falling in Cyprus?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.
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About this data
The proportion of medium and high-tech industry value added in total value added of manufacturing