Cyprus - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Cyprus was $21,853,000,000 as of 2020. Over the past 25 years, the value for this indicator has fluctuated between $24,490,650,000 in 2011 and $8,806,883,000 in 1997.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

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

See also:

Year Value
1995 $9,065,475,000
1996 $9,181,429,000
1997 $8,806,883,000
1998 $9,518,075,000
1999 $9,723,259,000
2000 $9,098,663,000
2001 $9,419,482,000
2002 $10,292,150,000
2003 $12,906,670,000
2004 $15,237,680,000
2005 $16,104,650,000
2006 $17,483,200,000
2007 $20,689,900,000
2008 $24,046,470,000
2009 $22,811,240,000
2010 $22,682,360,000
2011 $24,490,650,000
2012 $22,149,890,000
2013 $21,241,080,000
2014 $20,287,220,000
2015 $17,369,000,000
2016 $18,332,970,000
2017 $19,965,290,000
2018 $22,236,000,000
2019 $22,568,060,000
2020 $21,853,000,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Cyprus was 19,132,300,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 20,160,050,000 in 2019 and a minimum value of 7,007,612,000 in 1995.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

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

Year Value
1995 7,007,612,000
1996 7,317,599,000
1997 7,723,637,000
1998 8,413,978,000
1999 9,013,461,000
2000 9,653,681,000
2001 10,342,590,000
2002 10,703,840,000
2003 11,396,590,000
2004 12,190,140,000
2005 12,949,750,000
2006 13,935,860,000
2007 15,116,040,000
2008 16,416,530,000
2009 16,419,530,000
2010 17,109,310,000
2011 17,594,080,000
2012 17,239,260,000
2013 15,992,410,000
2014 15,270,190,000
2015 15,654,680,000
2016 16,562,010,000
2017 17,673,280,000
2018 18,829,450,000
2019 20,160,050,000
2020 19,132,300,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Cyprus was 20,649,830,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between 21,789,180,000 in 2019 and 2,597,588,000 in 1975.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. 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 2,597,588,000
1976 3,146,563,000
1977 3,749,096,000
1978 4,043,668,000
1979 4,475,483,000
1980 4,733,234,000
1981 4,873,825,000
1982 5,121,533,000
1983 5,342,462,000
1984 5,817,794,000
1985 6,075,544,000
1986 6,293,125,000
1987 6,721,593,000
1988 7,273,916,000
1989 7,886,491,000
1990 8,519,151,000
1991 8,639,658,000
1992 9,436,341,000
1993 9,499,942,000
1994 10,042,220,000
1995 11,100,410,000
1996 11,239,000,000
1997 11,535,820,000
1998 12,240,760,000
1999 12,852,540,000
2000 13,619,240,000
2001 14,157,540,000
2002 14,684,620,000
2003 15,069,840,000
2004 15,827,300,000
2005 16,595,390,000
2006 17,377,670,000
2007 18,263,590,000
2008 18,929,630,000
2009 18,548,150,000
2010 18,921,840,000
2011 18,997,800,000
2012 18,342,980,000
2013 17,140,950,000
2014 16,827,400,000
2015 17,369,000,000
2016 18,487,230,000
2017 19,575,360,000
2018 20,695,790,000
2019 21,789,180,000
2020 20,649,830,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Cyprus was 18,671,770,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 19,701,980,000 in 2019 and a minimum value of 2,348,763,000 in 1975.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

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

Year Value
1975 2,348,763,000
1976 2,845,151,000
1977 3,389,968,000
1978 3,656,322,000
1979 4,046,774,000
1980 4,279,834,000
1981 4,406,958,000
1982 4,630,938,000
1983 4,830,704,000
1984 5,260,503,000
1985 5,493,563,000
1986 5,690,302,000
1987 6,077,728,000
1988 6,577,142,000
1989 7,131,039,000
1990 7,703,096,000
1991 7,812,059,000
1992 8,532,427,000
1993 8,589,936,000
1994 9,080,270,000
1995 10,037,090,000
1996 10,162,410,000
1997 10,430,790,000
1998 11,068,210,000
1999 11,621,390,000
2000 12,314,640,000
2001 12,801,380,000
2002 13,277,970,000
2003 13,626,290,000
2004 14,311,190,000
2005 15,005,710,000
2006 15,713,050,000
2007 16,514,110,000
2008 17,116,350,000
2009 16,771,410,000
2010 17,109,310,000
2011 17,177,990,000
2012 16,585,900,000
2013 15,499,010,000
2014 15,215,490,000
2015 15,705,210,000
2016 16,716,320,000
2017 17,700,220,000
2018 18,713,320,000
2019 19,701,980,000
2020 18,671,770,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts