Services, value added in Cyprus
Cyprus: Services, value added was 25.22 billion constant 2015 US$ in 2025. ◆ Volatile
Services, value added in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Cyprus recorded 25.22 billion constant 2015 US$ for services, value added in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 67.8% over ten years.
Over the whole period, services, value added in Cyprus peaked at 25.22 billion constant 2015 US$ in 2025 and was at its lowest, 1.50 billion constant 2015 US$, in 1975.
That places Cyprus 90th out of 195 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.03 billion constant 2015 US$ | 1.50 billion constant 2015 US$ | 2.53 billion constant 2015 US$ | 5 |
| 1980s | 3.81 billion constant 2015 US$ | 2.69 billion constant 2015 US$ | 5.29 billion constant 2015 US$ | 10 |
| 1990s | 7.63 billion constant 2015 US$ | 5.82 billion constant 2015 US$ | 9.77 billion constant 2015 US$ | 10 |
| 2000s | 12.57 billion constant 2015 US$ | 10.55 billion constant 2015 US$ | 14.93 billion constant 2015 US$ | 10 |
| 2010s | 15.98 billion constant 2015 US$ | 14.56 billion constant 2015 US$ | 18.57 billion constant 2015 US$ | 10 |
| 2020s | 22.37 billion constant 2015 US$ | 18.00 billion constant 2015 US$ | 25.22 billion constant 2015 US$ | 6 |
Countries ranked near Cyprus
- 87 Jordan 29.71 billion constant 2015 US$ compare
- 88 Libya 28.43 billion constant 2015 US$ compare
- 89 Bahrain 25.90 billion constant 2015 US$ compare
- 91 Lebanon 25.14 billion constant 2015 US$ compare
- 92 Paraguay 24.72 billion constant 2015 US$ compare
- 93 Democratic Republic of Congo 24.72 billion constant 2015 US$ compare
More economy & growth data for Cyprus
- DEC alternative conversion factor 0.885 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -338.90 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -382.95 million current US$ (2025)
- Taxes less subsidies on products 3.97 billion current LCU (2025)
- Taxes less subsidies on products 4.49 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.06 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.59 billion current US$ (2025)
- GNI per capita 32,862 current LCU (2025)
- GNI per capita, Atlas method 36,110 current US$ (2025)
- GNI 32.42 billion current LCU (2025)
Frequently asked questions
- What is services, value added in Cyprus?
- Services, value added in Cyprus was 25.22 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Cyprus?
- The highest recorded value was 25.22 billion constant 2015 US$ in 2025.
- What is the lowest services, value added recorded in Cyprus?
- The lowest recorded value was 1.50 billion constant 2015 US$ in 1975.
- How does Cyprus rank for services, value added?
- Cyprus ranks 90th out of 195 countries with data for 2025.
- Is services, value added rising or falling in Cyprus?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defense, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.