Cyprus - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Cyprus was 2,779,461,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 3,400,782,000 in 2007 and a minimum value of 710,486,100 in 1975.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

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

Year Value
1975 710,486,100
1976 937,611,900
1977 1,171,632,000
1978 1,299,941,000
1979 1,435,144,000
1980 1,504,469,000
1981 1,455,060,000
1982 1,486,850,000
1983 1,516,342,000
1984 1,590,263,000
1985 1,617,457,000
1986 1,641,587,000
1987 1,753,043,000
1988 1,864,116,000
1989 1,944,932,000
1990 2,042,217,000
1991 2,087,795,000
1992 2,193,506,000
1993 2,124,181,000
1994 2,180,867,000
1995 2,205,437,000
1996 2,161,050,000
1997 2,160,551,000
1998 2,197,482,000
1999 2,253,145,000
2000 2,252,810,000
2001 2,377,191,000
2002 2,537,434,000
2003 2,765,944,000
2004 2,957,206,000
2005 3,073,958,000
2006 3,203,351,000
2007 3,400,782,000
2008 3,360,161,000
2009 2,967,496,000
2010 2,813,622,000
2011 2,566,649,000
2012 2,260,639,000
2013 1,907,627,000
2014 1,787,138,000
2015 1,831,142,000
2016 2,116,802,000
2017 2,363,412,000
2018 2,715,444,000
2019 2,968,920,000
2020 2,779,461,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts