Cyprus - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Cyprus was -0.02 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 64.32 in 1977 and a minimum value of -19.66 in 2012.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1976 31.02
1977 64.32
1978 21.36
1979 16.34
1980 5.23
1981 -6.45
1982 3.76
1983 -2.18
1984 21.57
1985 -7.74
1986 -7.07
1987 4.97
1988 10.61
1989 20.03
1990 -2.78
1991 -1.60
1992 16.18
1993 -12.27
1994 -3.99
1995 3.78
1996 -4.19
1997 4.20
1998 -15.15
1999 14.87
2000 -1.04
2001 0.01
2002 11.41
2003 1.92
2004 5.79
2005 6.48
2006 20.87
2007 7.52
2008 8.42
2009 -13.63
2010 -1.43
2011 -11.70
2012 -19.66
2013 -15.56
2014 -7.40
2015 -1.76
2016 49.47
2017 21.21
2018 -4.86
2019 2.87
2020 -0.02

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts