Value Added (Total Manufacturing) — Value Standard Local Currency in Cyprus

Cyprus: Value Added (Total Manufacturing) — Value Standard Local Currency was 7.5 % change on previous year in 2023. ◆ Volatile

Latest (2023)
7.5 % change on previous year
Change on year
up 811.9%
World rank
102nd
of 231 countries
All-time high
45.92 % change on previous year
in 1976
All-time low
-14.21 % change on previous year
in 2013
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Cyprus, 1971–2023

-2002040197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Cyprus is 7.5 % change on previous year, measured in 2023.

That represents a change of up 811.9% on the previous year and up 152.8% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Cyprus peaked at 45.92 % change on previous year in 1976 and was at its lowest, -14.21 % change on previous year, in 2013.

Cyprus ranks 102nd of 231 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.

Value Added (Total Manufacturing) — Value Standard Local Currency in Cyprus, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Cyprus, 1971 to 2023.
Year % change on previous year Change
1971 17.25 % change on previous year —
1972 26.76 % change on previous year +55.1%
1973 14.25 % change on previous year -46.7%
1974 -11.32 % change on previous year -179.4%
1975 -4.17 % change on previous year -63.2%
1976 45.92 % change on previous year -1202.2%
1977 30.56 % change on previous year -33.5%
1978 23.14 % change on previous year -24.3%
1979 19.65 % change on previous year -15.1%
1980 20.4 % change on previous year +3.8%
1981 15.59 % change on previous year -23.6%
1982 13.16 % change on previous year -15.6%
1983 7.68 % change on previous year -41.7%
1984 14.53 % change on previous year +89.2%
1985 7.76 % change on previous year -46.6%
1986 3.71 % change on previous year -52.2%
1987 13.8 % change on previous year +272.3%
1988 12.79 % change on previous year -7.4%
1989 7.45 % change on previous year -41.7%
1990 9.07 % change on previous year +21.8%
1991 4.98 % change on previous year -45.2%
1992 9.77 % change on previous year +96.3%
1993 -0.2158 % change on previous year -102.2%
1994 7.93 % change on previous year -3776.3%
1995 4.5 % change on previous year -43.3%
1996 2.51 % change on previous year -44.2%
1997 3.74 % change on previous year +49.0%
1998 3.93 % change on previous year +5.0%
1999 3.76 % change on previous year -4.4%
2000 2.81 % change on previous year -25.2%
2001 2.42 % change on previous year -13.9%
2002 3.87 % change on previous year +59.8%
2003 2.66 % change on previous year -31.3%
2004 5.94 % change on previous year +123.6%
2005 0.941 % change on previous year -84.2%
2006 -2.71 % change on previous year -387.7%
2007 2.52 % change on previous year -193.0%
2008 3.49 % change on previous year +38.6%
2009 -3.5 % change on previous year -200.2%
2010 -2.09 % change on previous year -40.2%
2011 -7.1 % change on previous year +239.5%
2012 -10.58 % change on previous year +49.1%
2013 -14.21 % change on previous year +34.3%
2014 1.73 % change on previous year -112.1%
2015 7.22 % change on previous year +318.4%
2016 13.68 % change on previous year +89.4%
2017 14.35 % change on previous year +4.9%
2018 16.26 % change on previous year +13.3%
2019 9.5 % change on previous year -41.6%
2020 -0.4031 % change on previous year -104.2%
2021 1.66 % change on previous year -511.5%
2022 -1.05 % change on previous year -163.5%
2023 7.5 % change on previous year -811.9%

Cyprus compared with similar countries

  • Cyprus's 7.5 % change on previous year is above the median for high income countries, which is 4.06 % change on previous year, 1.8× the median. (73 countries reporting)
  • Cyprus's 7.5 % change on previous year is above the median for Europe & Central Asia, which is 4.42 % change on previous year, 1.7× the median. (52 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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.

YearChange FromTo
1994 +3776.3% -0.2158 % change on previous year 7.93 % change on previous year
1976 +1202.2% -4.17 % change on previous year 45.92 % change on previous year
2023 +811.9% -1.05 % change on previous year 7.5 % change on previous year
2021 +511.5% -0.4031 % change on previous year 1.66 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 18.01 % change on previous year -11.32 % change on previous year 45.92 % change on previous year 9
1980s 11.69 % change on previous year 3.71 % change on previous year 20.4 % change on previous year 10
1990s 5 % change on previous year -0.2158 % change on previous year 9.77 % change on previous year 10
2000s 1.84 % change on previous year -3.5 % change on previous year 5.94 % change on previous year 10
2010s 2.88 % change on previous year -14.21 % change on previous year 16.26 % change on previous year 10
2020s 1.93 % change on previous year -1.05 % change on previous year 7.5 % change on previous year 4

Countries ranked near Cyprus

  1. 99 India 8.01 % change on previous year compare
  2. 100 Peru 7.98 % change on previous year compare
  3. 101 Mauritania 7.8 % change on previous year compare
  4. 103 Somalia 7.48 % change on previous year compare
  5. 104 Germany 7.36 % change on previous year compare
  6. 105 Cayman Islands 7.28 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Cyprus?
Value added (total manufacturing) — value standard local currency in Cyprus was 7.5 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Cyprus?
The highest recorded value was 45.92 % change on previous year in 1976.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Cyprus?
The lowest recorded value was -14.21 % change on previous year in 2013.
How does Cyprus rank for value added (total manufacturing) — value standard local currency?
Cyprus ranks 102nd out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Cyprus?
Over the last ten years it is up 152.8%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/cyprus/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.