Services, value added (current US$), annual growth rate in Cyprus
Cyprus: Services, value added (current US$), annual growth rate was 10.07 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Cyprus, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for services, value added (current us$), annual growth rate in Cyprus is 10.07 % change on previous year, measured in 2025.
The figure is up 31.6% on the previous year and up 168.8% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Cyprus peaked at 25.43 % change on previous year in 2003 and was at its lowest, -14.63 % change on previous year, in 2015.
Cyprus ranks 78th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 1.64 % change on previous year | — |
| 1997 | -2.24 % change on previous year | -237.2% |
| 1998 | 8.33 % change on previous year | -471.4% |
| 1999 | 3.81 % change on previous year | -54.3% |
| 2000 | -5.49 % change on previous year | -244.0% |
| 2001 | 3.46 % change on previous year | -163.0% |
| 2002 | 8.36 % change on previous year | +141.5% |
| 2003 | 25.43 % change on previous year | +204.4% |
| 2004 | 18.12 % change on previous year | -28.7% |
| 2005 | 6.29 % change on previous year | -65.3% |
| 2006 | 9.31 % change on previous year | +48.1% |
| 2007 | 17.82 % change on previous year | +91.4% |
| 2008 | 17.12 % change on previous year | -3.9% |
| 2009 | -1.77 % change on previous year | -110.3% |
| 2010 | 1.4 % change on previous year | -179.3% |
| 2011 | 10.64 % change on previous year | +658.8% |
| 2012 | -8.21 % change on previous year | -177.1% |
| 2013 | -2.85 % change on previous year | -65.2% |
| 2014 | -3.43 % change on previous year | +20.1% |
| 2015 | -14.63 % change on previous year | +326.8% |
| 2016 | 4.38 % change on previous year | -130.0% |
| 2017 | 8.4 % change on previous year | +91.5% |
| 2018 | 11.26 % change on previous year | +34.1% |
| 2019 | 1.43 % change on previous year | -87.3% |
| 2020 | -0.7563 % change on previous year | -153.0% |
| 2021 | 20.82 % change on previous year | -2852.3% |
| 2022 | 4.64 % change on previous year | -77.7% |
| 2023 | 11 % change on previous year | +137.2% |
| 2024 | 7.65 % change on previous year | -30.4% |
| 2025 | 10.07 % change on previous year | +31.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.88 % change on previous year | -2.24 % change on previous year | 8.33 % change on previous year | 4 |
| 2000s | 9.86 % change on previous year | -5.49 % change on previous year | 25.43 % change on previous year | 10 |
| 2010s | 0.8401 % change on previous year | -14.63 % change on previous year | 11.26 % change on previous year | 10 |
| 2020s | 8.9 % change on previous year | -0.7563 % change on previous year | 20.82 % change on previous year | 6 |
Countries ranked near Cyprus
- 75 Madagascar 10.46 % change on previous year compare
- 76 Bhutan 10.35 % change on previous year compare
- 77 Myanmar 10.26 % change on previous year compare
- 79 Pakistan 10.04 % change on previous year compare
- 80 United States of America 9.94 % change on previous year compare
- 81 Macao 9.81 % change on previous year 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)
- Services, value added (current US$), per unit of GDP 0.7685 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 23,112 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 5.43 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 0.6801 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 20,453 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6118 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 18,400 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Cyprus?
- Services, value added (current us$), annual growth rate in Cyprus was 10.07 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Cyprus?
- The highest recorded value was 25.43 % change on previous year in 2003.
- What is the lowest services, value added (current us$), annual growth rate recorded in Cyprus?
- The lowest recorded value was -14.63 % change on previous year in 2015.
- How does Cyprus rank for services, value added (current us$), annual growth rate?
- Cyprus ranks 78th out of 204 countries with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Cyprus?
- Over the last ten years it is up 168.8%. 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 Services, value added (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.