Services, value added per worker in Cyprus
Cyprus: Services, value added per worker was 42,218 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Cyprus, 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Cyprus recorded 42,218 constant 2015 US$ for services, value added per worker in 2025. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 3.1% on the previous year and up 25.1% over ten years.
Over the whole period, services, value added per worker in Cyprus peaked at 42,218 constant 2015 US$ in 2025 and was at its lowest, 26,461 constant 2015 US$, in 1991.
Cyprus ranks 35th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Services, value added per worker in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 26,461 constant 2015 US$ | — |
| 1992 | 28,082 constant 2015 US$ | +6.1% |
| 1993 | 27,558 constant 2015 US$ | -1.9% |
| 1994 | 28,435 constant 2015 US$ | +3.2% |
| 1995 | 30,632 constant 2015 US$ | +7.7% |
| 1996 | 30,394 constant 2015 US$ | -0.8% |
| 1997 | 30,856 constant 2015 US$ | +1.5% |
| 1998 | 31,951 constant 2015 US$ | +3.5% |
| 1999 | 33,509 constant 2015 US$ | +4.9% |
| 2000 | 35,178 constant 2015 US$ | +5.0% |
| 2001 | 34,034 constant 2015 US$ | -3.3% |
| 2002 | 33,994 constant 2015 US$ | -0.1% |
| 2003 | 33,195 constant 2015 US$ | -2.3% |
| 2004 | 34,395 constant 2015 US$ | +3.6% |
| 2005 | 35,709 constant 2015 US$ | +3.8% |
| 2006 | 35,500 constant 2015 US$ | -0.6% |
| 2007 | 35,895 constant 2015 US$ | +1.1% |
| 2008 | 37,094 constant 2015 US$ | +3.3% |
| 2009 | 36,515 constant 2015 US$ | -1.6% |
| 2010 | 36,336 constant 2015 US$ | -0.5% |
| 2011 | 37,447 constant 2015 US$ | +3.1% |
| 2012 | 36,783 constant 2015 US$ | -1.8% |
| 2013 | 34,755 constant 2015 US$ | -5.5% |
| 2014 | 33,739 constant 2015 US$ | -2.9% |
| 2015 | 33,736 constant 2015 US$ | -0.0% |
| 2016 | 34,574 constant 2015 US$ | +2.5% |
| 2017 | 34,420 constant 2015 US$ | -0.4% |
| 2018 | 33,976 constant 2015 US$ | -1.3% |
| 2019 | 35,327 constant 2015 US$ | +4.0% |
| 2020 | 34,873 constant 2015 US$ | -1.3% |
| 2021 | 37,976 constant 2015 US$ | +8.9% |
| 2022 | 40,309 constant 2015 US$ | +6.1% |
| 2023 | 39,755 constant 2015 US$ | -1.4% |
| 2024 | 40,934 constant 2015 US$ | +3.0% |
| 2025 | 42,218 constant 2015 US$ | +3.1% |
Cyprus compared with similar countries
- Cyprus's 42,218 constant 2015 US$ is below the median for high income countries, which is 54,874 constant 2015 US$, 77% of the median. (56 countries reporting)
- Cyprus's 42,218 constant 2015 US$ is above the median for Europe & Central Asia, which is 36,689 constant 2015 US$, 1.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29,764 constant 2015 US$ | 26,461 constant 2015 US$ | 33,509 constant 2015 US$ | 9 |
| 2000s | 35,151 constant 2015 US$ | 33,195 constant 2015 US$ | 37,094 constant 2015 US$ | 10 |
| 2010s | 35,109 constant 2015 US$ | 33,736 constant 2015 US$ | 37,447 constant 2015 US$ | 10 |
| 2020s | 39,344 constant 2015 US$ | 34,873 constant 2015 US$ | 42,218 constant 2015 US$ | 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is services, value added per worker in Cyprus?
- Services, value added per worker in Cyprus was 42,218 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Cyprus?
- The highest recorded value was 42,218 constant 2015 US$ in 2025.
- What is the lowest services, value added per worker recorded in Cyprus?
- The lowest recorded value was 26,461 constant 2015 US$ in 1991.
- How does Cyprus rank for services, value added per worker?
- Cyprus ranks 35th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Cyprus?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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 is 2015. This indicator is expressed in United States dollars.