Net investment in nonfinancial assets in Cyprus
Cyprus: Net investment in nonfinancial assets was 2.4% in 2024. ▼ Falling
Net investment in nonfinancial assets in Cyprus, 1975–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Cyprus recorded 2.4% for net investment in nonfinancial assets in 2024.
That represents a change of down 7.1% on the previous year and up 36.0% over ten years.
Over the whole period, net investment in nonfinancial assets in Cyprus peaked at 5.4% in 2018 and was at its lowest, 1.8%, in 2014.
That places Cyprus 89th out of 156 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Net investment in nonfinancial assets in Cyprus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 2.7% | — |
| 1976 | 4.2% | +56.0% |
| 1977 | 4.2% | +0.3% |
| 1978 | 4.3% | +3.0% |
| 1979 | 4.9% | +15.0% |
| 1980 | 4.5% | -8.9% |
| 1981 | 4.2% | -7.6% |
| 1982 | 3.3% | -20.7% |
| 1983 | 3.6% | +9.9% |
| 1984 | 3.7% | +2.7% |
| 1985 | 3.2% | -14.5% |
| 1986 | 3.9% | +24.0% |
| 1987 | 3.4% | -13.0% |
| 1988 | 3.3% | -3.2% |
| 1989 | 3.1% | -5.5% |
| 1990 | 3.2% | +2.4% |
| 1991 | 2.8% | -12.2% |
| 1992 | 2.8% | -1.9% |
| 1993 | 2.8% | +1.2% |
| 1994 | 2.8% | +0.5% |
| 1995 | 4.2% | +49.5% |
| 1996 | 5.0% | +17.9% |
| 1997 | 4.9% | -1.9% |
| 1998 | 2.6% | -45.9% |
| 1999 | 2.9% | +9.1% |
| 2000 | 2.9% | +2.5% |
| 2001 | 2.9% | -3.1% |
| 2002 | 3.2% | +12.5% |
| 2003 | 3.6% | +10.9% |
| 2004 | 3.4% | -5.5% |
| 2005 | 2.9% | -13.0% |
| 2006 | 2.9% | -1.7% |
| 2007 | 2.5% | -11.6% |
| 2008 | 2.7% | +7.7% |
| 2009 | 3.6% | +32.3% |
| 2010 | 3.8% | +4.6% |
| 2011 | 3.3% | -13.2% |
| 2012 | 2.4% | -28.0% |
| 2013 | 1.9% | -18.2% |
| 2014 | 1.8% | -9.3% |
| 2015 | 1.9% | +7.6% |
| 2016 | 2.2% | +17.5% |
| 2017 | 2.4% | +8.0% |
| 2018 | 5.4% | +124.6% |
| 2019 | 2.2% | -60.0% |
| 2020 | 2.6% | +21.2% |
| 2021 | 2.1% | -20.5% |
| 2022 | 2.1% | +1.4% |
| 2023 | 2.6% | +22.0% |
| 2024 | 2.4% | -7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | 2.7% | 4.9% | 5 |
| 1980s | 3.6% | 3.1% | 4.5% | 10 |
| 1990s | 3.4% | 2.6% | 5.0% | 10 |
| 2000s | 3.1% | 2.5% | 3.6% | 10 |
| 2010s | 2.7% | 1.8% | 5.4% | 10 |
| 2020s | 2.4% | 2.1% | 2.6% | 5 |
Countries ranked near Cyprus
More public sector data for Cyprus
- Arms imports 115.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 84.67 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0031 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.33 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 115.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 440.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0159 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 7.03 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 598.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,190 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net investment in nonfinancial assets in Cyprus?
- Net investment in nonfinancial assets in Cyprus was 2.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Cyprus?
- The highest recorded value was 5.4% in 2018.
- What is the lowest net investment in nonfinancial assets recorded in Cyprus?
- The lowest recorded value was 1.8% in 2014.
- How does Cyprus rank for net investment in nonfinancial assets?
- Cyprus ranks 89th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Cyprus?
- Over the last ten years it is up 36.0%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.