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
1976 47.09617956
1977 43.73455896
1978 5.37239789
1979 17.32447776
1980 3.38899323
1981 -12.9814966
1982 2.20188962
1983 2.33618448
1984 23.529786
1985 -1.84795616
1986 -14.44633413
1987 8.76899467
1988 18.55349741
1989 22.43826024
1990 -7.39877911
1991 -10.52313885
1992 33.42475805
1993 -29.28476414
1994 7.81940826
1995 -9.15250811
1996 -8.46172181
1997 1.54934382
1998 -16.06419083
1999 10.89700783
2000 8.56385301
2001 -8.0838436
2002 15.53450902
2003 0.66804939
2004 16.69608999
2005 3.96948159
2006 13.55024503
2007 4.42909553
2008 21.26119492
2009 -20.81097568
2010 7.97591255
2011 -18.10793534
2012 -15.5476744
2013 -26.1313879
2014 2.8910653
2015 2.80958648
2016 35.62801841
2017 25.06141679
2018 -1.61161808
2019 8.78790667
2020 -0.64657278
2021 0.6471288
2022 15.83715995

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