Cyprus | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source
Cyprus | Gross capital formation (annual % growth)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
47.09617956 1976
43.73455896 1977
5.37239789 1978
17.32447776 1979
3.38899323 1980
-12.9814966 1981
2.20188962 1982
2.33618448 1983
23.529786 1984
-1.84795616 1985
-14.44633413 1986
8.76899467 1987
18.55349741 1988
22.43826024 1989
-7.39877911 1990
-10.52313885 1991
33.42475805 1992
-29.28476414 1993
7.81940826 1994
-9.15250811 1995
-8.46172181 1996
1.54934382 1997
-16.06419083 1998
10.89700783 1999
8.56385301 2000
-8.0838436 2001
15.53450902 2002
0.66804939 2003
16.69608999 2004
3.96948159 2005
13.55024503 2006
4.42909553 2007
21.26119492 2008
-20.81097568 2009
7.97591255 2010
-18.10793534 2011
-15.5476744 2012
-26.1313879 2013
2.8910653 2014
2.80958648 2015
35.62801841 2016
25.06141679 2017
-1.61161808 2018
8.78790667 2019
-0.64657278 2020
0.6471288 2021
15.83715995 2022
Cyprus | Gross capital formation (annual % growth)
Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source