Cyprus - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Cyprus was $4,920,998,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $7,569,017,000 in 2008 and $96,267,320 in 1975.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 $96,267,320
1976 $121,291,200
1977 $216,419,300
1978 $324,324,100
1979 $449,147,300
1980 $736,710,500
1981 $657,466,000
1982 $641,937,000
1983 $600,576,300
1984 $702,690,000
1985 $660,812,300
1986 $741,359,300
1987 $869,701,000
1988 $1,052,173,000
1989 $1,256,479,000
1990 $1,375,851,000
1991 $1,402,693,000
1992 $1,772,980,000
1993 $1,491,655,000
1994 $1,528,588,000
1995 $2,503,376,000
1996 $2,409,770,000
1997 $2,344,434,000
1998 $2,017,094,000
1999 $2,240,030,000
2000 $2,005,549,000
2001 $1,977,932,000
2002 $2,392,225,000
2003 $2,951,108,000
2004 $3,575,942,000
2005 $3,968,066,000
2006 $5,033,804,000
2007 $6,123,543,000
2008 $7,569,017,000
2009 $6,081,418,000
2010 $5,777,500,000
2011 $5,247,447,000
2012 $3,872,969,000
2013 $3,373,623,000
2014 $3,090,173,000
2015 $2,554,948,000
2016 $3,795,722,000
2017 $4,771,716,000
2018 $4,807,357,000
2019 $4,846,934,000
2020 $4,920,998,000

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Cyprus was 4,308,334,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 5,167,368,000 in 2008 and a minimum value of 86,284,400 in 1975.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 86,284,400
1976 120,114,700
1977 212,891,700
1978 291,145,700
1979 375,038,000
1980 444,236,400
1981 471,403,100
1982 520,610,900
1983 539,918,100
1984 704,798,100
1985 688,566,400
1986 656,103,000
1987 714,024,500
1988 838,581,600
1989 1,061,725,000
1990 1,074,539,000
1991 1,110,933,000
1992 1,359,876,000
1993 1,266,415,000
1994 1,284,014,000
1995 1,935,110,000
1996 1,920,587,000
1997 2,056,069,000
1998 1,783,111,000
1999 2,076,508,000
2000 2,127,888,000
2001 2,171,769,000
2002 2,487,914,000
2003 2,605,828,000
2004 2,860,754,000
2005 3,190,722,000
2006 4,012,445,000
2007 4,473,860,000
2008 5,167,368,000
2009 4,377,405,000
2010 4,357,968,000
2011 3,769,766,000
2012 3,014,332,000
2013 2,540,001,000
2014 2,325,973,000
2015 2,302,775,000
2016 3,429,055,000
2017 4,223,923,000
2018 4,070,870,000
2019 4,329,766,000
2020 4,308,334,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Cyprus was 4,528,956,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between 5,506,887,000 in 2008 and 740,272,700 in 1975.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 740,272,700
1976 969,926,300
1977 1,593,808,000
1978 1,934,221,000
1979 2,250,229,000
1980 2,367,871,000
1981 2,215,186,000
1982 2,298,412,000
1983 2,248,351,000
1984 2,733,315,000
1985 2,521,808,000
1986 2,343,467,000
1987 2,459,858,000
1988 2,720,799,000
1989 3,265,836,000
1990 3,175,100,000
1991 3,124,414,000
1992 3,630,027,000
1993 3,184,487,000
1994 3,057,458,000
1995 3,173,128,000
1996 3,040,320,000
1997 3,167,885,000
1998 2,687,837,000
1999 3,087,399,000
2000 3,055,272,000
2001 3,055,651,000
2002 3,404,159,000
2003 3,469,514,000
2004 3,670,388,000
2005 3,908,078,000
2006 4,723,656,000
2007 5,079,084,000
2008 5,506,887,000
2009 4,756,211,000
2010 4,688,204,000
2011 4,139,753,000
2012 3,325,870,000
2013 2,808,361,000
2014 2,600,621,000
2015 2,554,948,000
2016 3,818,855,000
2017 4,628,665,000
2018 4,403,497,000
2019 4,530,001,000
2020 4,528,956,000

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Cyprus was -0.02 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 64.32 in 1977 and a minimum value of -19.66 in 2012.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 31.02
1977 64.32
1978 21.36
1979 16.34
1980 5.23
1981 -6.45
1982 3.76
1983 -2.18
1984 21.57
1985 -7.74
1986 -7.07
1987 4.97
1988 10.61
1989 20.03
1990 -2.78
1991 -1.60
1992 16.18
1993 -12.27
1994 -3.99
1995 3.78
1996 -4.19
1997 4.20
1998 -15.15
1999 14.87
2000 -1.04
2001 0.01
2002 11.41
2003 1.92
2004 5.79
2005 6.48
2006 20.87
2007 7.52
2008 8.42
2009 -13.63
2010 -1.43
2011 -11.70
2012 -19.66
2013 -15.56
2014 -7.40
2015 -1.76
2016 49.47
2017 21.21
2018 -4.86
2019 2.87
2020 -0.02

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Cyprus was 4,209,939,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 5,118,984,000 in 2008 and a minimum value of 688,128,200 in 1975.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 688,128,200
1976 901,605,100
1977 1,481,541,000
1978 1,797,975,000
1979 2,091,724,000
1980 2,201,080,000
1981 2,059,150,000
1982 2,136,513,000
1983 2,089,979,000
1984 2,540,781,000
1985 2,344,173,000
1986 2,178,394,000
1987 2,286,587,000
1988 2,529,148,000
1989 3,035,791,000
1990 2,951,448,000
1991 2,904,332,000
1992 3,374,329,000
1993 2,960,173,000
1994 2,842,092,000
1995 2,949,614,000
1996 2,826,161,000
1997 2,944,741,000
1998 2,498,507,000
1999 2,869,924,000
2000 2,840,060,000
2001 2,840,412,000
2002 3,164,372,000
2003 3,225,123,000
2004 3,411,848,000
2005 3,632,795,000
2006 4,390,924,000
2007 4,721,315,000
2008 5,118,984,000
2009 4,421,186,000
2010 4,357,969,000
2011 3,848,151,000
2012 3,091,597,000
2013 2,610,541,000
2014 2,417,434,000
2015 2,374,979,000
2016 3,549,857,000
2017 4,302,624,000
2018 4,093,317,000
2019 4,210,910,000
2020 4,209,939,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Cyprus was 19.99 as of 2020. Its highest value over the past 45 years was 34.85 in 1979, while its lowest value was 12.88 in 2015.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1975 19.65
1976 21.05
1977 29.45
1978 33.64
1979 34.85
1980 34.20
1981 31.50
1982 29.73
1983 27.80
1984 30.84
1985 27.19
1986 23.99
1987 23.47
1988 24.59
1989 27.53
1990 24.61
1991 24.31
1992 25.65
1993 22.63
1994 20.59
1995 25.20
1996 24.07
1997 24.55
1998 19.68
1999 21.34
2000 20.08
2001 19.02
2002 20.95
2003 20.29
2004 20.65
2005 21.53
2006 25.08
2007 25.55
2008 27.18
2009 23.44
2010 22.45
2011 19.04
2012 15.51
2013 14.12
2014 13.34
2015 12.88
2016 18.12
2017 20.86
2018 18.84
2019 18.82
2020 19.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts