Value Added (Total Manufacturing) — Value US$, 2015 prices in Cyprus
Cyprus: Value Added (Total Manufacturing) — Value US$, 2015 prices was 1,236 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Cyprus, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Cyprus stood at 1,236 million USD.
That represents a change of up 2.4% on the previous year and up 58.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Cyprus peaked at 1,394 million USD in 2019 and was at its lowest, 404.78 million USD, in 1975.
That places Cyprus 153rd out of 236 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Cyprus, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 431.31 million USD | — |
| 1971 | 482.16 million USD | +11.8% |
| 1972 | 572.57 million USD | +18.7% |
| 1973 | 606.47 million USD | +5.9% |
| 1974 | 462.2 million USD | -23.8% |
| 1975 | 404.78 million USD | -12.4% |
| 1976 | 523.83 million USD | +29.4% |
| 1977 | 605.05 million USD | +15.5% |
| 1978 | 657.26 million USD | +8.6% |
| 1979 | 717.01 million USD | +9.1% |
| 1980 | 773.86 million USD | +7.9% |
| 1981 | 823.16 million USD | +6.4% |
| 1982 | 872.47 million USD | +6.0% |
| 1983 | 889.3 million USD | +1.9% |
| 1984 | 946.15 million USD | +6.4% |
| 1985 | 967.61 million USD | +2.3% |
| 1986 | 970.53 million USD | +0.3% |
| 1987 | 1,049 million USD | +8.0% |
| 1988 | 1,120 million USD | +6.8% |
| 1989 | 1,150 million USD | +2.6% |
| 1990 | 1,196 million USD | +4.0% |
| 1991 | 1,210 million USD | +1.2% |
| 1992 | 1,231 million USD | +1.7% |
| 1993 | 1,156 million USD | -6.1% |
| 1994 | 1,198 million USD | +3.6% |
| 1995 | 1,219 million USD | +1.8% |
| 1996 | 1,192 million USD | -2.2% |
| 1997 | 1,206 million USD | +1.2% |
| 1998 | 1,217 million USD | +0.9% |
| 1999 | 1,219 million USD | +0.2% |
| 2000 | 1,189 million USD | -2.5% |
| 2001 | 1,161 million USD | -2.4% |
| 2002 | 1,185 million USD | +2.1% |
| 2003 | 1,218 million USD | +2.7% |
| 2004 | 1,220 million USD | +0.2% |
| 2005 | 1,209 million USD | -0.9% |
| 2006 | 1,177 million USD | -2.7% |
| 2007 | 1,193 million USD | +1.4% |
| 2008 | 1,236 million USD | +3.5% |
| 2009 | 1,151 million USD | -6.9% |
| 2010 | 1,123 million USD | -2.4% |
| 2011 | 1,022 million USD | -9.0% |
| 2012 | 932.65 million USD | -8.7% |
| 2013 | 778.54 million USD | -16.5% |
| 2014 | 785.51 million USD | +0.9% |
| 2015 | 848.11 million USD | +8.0% |
| 2016 | 970.92 million USD | +14.5% |
| 2017 | 1,108 million USD | +14.1% |
| 2018 | 1,292 million USD | +16.6% |
| 2019 | 1,394 million USD | +7.9% |
| 2020 | 1,375 million USD | -1.4% |
| 2021 | 1,355 million USD | -1.5% |
| 2022 | 1,207 million USD | -10.9% |
| 2023 | 1,236 million USD | +2.4% |
Cyprus compared with similar countries
- Cyprus's 1,236 million USD is below the median for high income countries, which is 9,626 million USD, 13% of the median. (73 countries reporting)
- Cyprus's 1,236 million USD is below the median for Europe & Central Asia, which is 12,800 million USD, 10% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 546.26 million USD | 404.78 million USD | 717.01 million USD | 10 |
| 1980s | 956.15 million USD | 773.86 million USD | 1,150 million USD | 10 |
| 1990s | 1,204 million USD | 1,156 million USD | 1,231 million USD | 10 |
| 2000s | 1,194 million USD | 1,151 million USD | 1,236 million USD | 10 |
| 2010s | 1,026 million USD | 778.54 million USD | 1,394 million USD | 10 |
| 2020s | 1,293 million USD | 1,207 million USD | 1,375 million USD | 4 |
Countries ranked near Cyprus
- 150 North Macedonia 1,258 million USD compare
- 151 Madagascar 1,256 million USD compare
- 152 Mongolia 1,250 million USD compare
- 154 Namibia 1,216 million USD compare
- 155 New Caledonia 1,207 million USD compare
- 156 Afghanistan 1,206 million USD 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)
- 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Cyprus?
- Value added (total manufacturing) — value us$, 2015 prices in Cyprus was 1,236 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Cyprus?
- The highest recorded value was 1,394 million USD in 2019.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Cyprus?
- The lowest recorded value was 404.78 million USD in 1975.
- How does Cyprus rank for value added (total manufacturing) — value us$, 2015 prices?
- Cyprus ranks 153rd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Cyprus?
- Over the last ten years it is up 58.8%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).