Value Added (Total Manufacturing) — Value US$ in Cyprus
Cyprus: Value Added (Total Manufacturing) — Value US$ was 1,473 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Cyprus, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Cyprus recorded 1,473 million USD for value added (total manufacturing) — value us$ in 2023.
Compared with earlier readings it is up 10.4% on the previous year and up 58.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Cyprus peaked at 1,531 million USD in 2008 and was at its lowest, 59.96 million USD, in 1970.
That places Cyprus 151st out of 236 countries with data for 2023, putting it 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 US$ in Cyprus, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 59.96 million USD | — |
| 1971 | 71.33 million USD | +18.9% |
| 1972 | 96.81 million USD | +35.7% |
| 1973 | 121.23 million USD | +25.2% |
| 1974 | 103.17 million USD | -14.9% |
| 1975 | 97.74 million USD | -5.3% |
| 1976 | 128.18 million USD | +31.1% |
| 1977 | 168.31 million USD | +31.3% |
| 1978 | 226.46 million USD | +34.5% |
| 1979 | 285.55 million USD | +26.1% |
| 1980 | 345.15 million USD | +20.9% |
| 1981 | 334.23 million USD | -3.2% |
| 1982 | 335.31 million USD | +0.3% |
| 1983 | 325.91 million USD | -2.8% |
| 1984 | 334.1 million USD | +2.5% |
| 1985 | 345.82 million USD | +3.5% |
| 1986 | 423.99 million USD | +22.6% |
| 1987 | 519.68 million USD | +22.6% |
| 1988 | 604.3 million USD | +16.3% |
| 1989 | 612.58 million USD | +1.4% |
| 1990 | 721.47 million USD | +17.8% |
| 1991 | 747.01 million USD | +3.5% |
| 1992 | 847.12 million USD | +13.4% |
| 1993 | 763.97 million USD | -9.8% |
| 1994 | 833.3 million USD | +9.1% |
| 1995 | 947.34 million USD | +13.7% |
| 1996 | 942.21 million USD | -0.5% |
| 1997 | 886.97 million USD | -5.9% |
| 1998 | 914.83 million USD | +3.1% |
| 1999 | 905.27 million USD | -1.0% |
| 2000 | 811.89 million USD | -10.3% |
| 2001 | 804.78 million USD | -0.9% |
| 2002 | 880.32 million USD | +9.4% |
| 2003 | 1,066 million USD | +21.1% |
| 2004 | 1,248 million USD | +17.0% |
| 2005 | 1,272 million USD | +1.9% |
| 2006 | 1,251 million USD | -1.6% |
| 2007 | 1,381 million USD | +10.4% |
| 2008 | 1,531 million USD | +10.8% |
| 2009 | 1,401 million USD | -8.5% |
| 2010 | 1,304 million USD | -6.9% |
| 2011 | 1,272 million USD | -2.5% |
| 2012 | 1,050 million USD | -17.5% |
| 2013 | 930.75 million USD | -11.3% |
| 2014 | 947.09 million USD | +1.8% |
| 2015 | 848.11 million USD | -10.5% |
| 2016 | 961.9 million USD | +13.4% |
| 2017 | 1,123 million USD | +16.7% |
| 2018 | 1,364 million USD | +21.5% |
| 2019 | 1,416 million USD | +3.8% |
| 2020 | 1,439 million USD | +1.6% |
| 2021 | 1,515 million USD | +5.3% |
| 2022 | 1,335 million USD | -11.9% |
| 2023 | 1,473 million USD | +10.4% |
Cyprus compared with similar countries
- Cyprus's 1,473 million USD is below the median for high income countries, which is 11,780 million USD, 13% of the median. (73 countries reporting)
- Cyprus's 1,473 million USD is below the median for Europe & Central Asia, which is 15,638 million USD, 9% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 135.87 million USD | 59.96 million USD | 285.55 million USD | 10 |
| 1980s | 418.11 million USD | 325.91 million USD | 612.58 million USD | 10 |
| 1990s | 850.95 million USD | 721.47 million USD | 947.34 million USD | 10 |
| 2000s | 1,165 million USD | 804.78 million USD | 1,531 million USD | 10 |
| 2010s | 1,122 million USD | 848.11 million USD | 1,416 million USD | 10 |
| 2020s | 1,440 million USD | 1,335 million USD | 1,515 million USD | 4 |
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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Cyprus?
- Value added (total manufacturing) — value us$ in Cyprus was 1,473 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Cyprus?
- The highest recorded value was 1,531 million USD in 2008.
- What is the lowest value added (total manufacturing) — value us$ recorded in Cyprus?
- The lowest recorded value was 59.96 million USD in 1970.
- How does Cyprus rank for value added (total manufacturing) — value us$?
- Cyprus ranks 151st out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Cyprus?
- Over the last ten years it is up 58.3%. The long-run trend across the full record is volatile.
- 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$. 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).