Services, value added in Cyprus
Cyprus: Services, value added was 76.8% in 2025. ▲ Rising
Services, value added in Cyprus, 1995–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in Cyprus is 76.8%, measured in 2025.
The figure is up 0.5% on the previous year and up 1.8% over ten years.
Over the whole period, services, value added in Cyprus peaked at 77.2% in 2022 and was at its lowest, 66.1%, in 2007.
That places Cyprus 14th out of 205 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 68.3% | 66.4% | 70.2% | 5 |
| 2000s | 67.8% | 66.1% | 70.0% | 10 |
| 2010s | 74.4% | 71.6% | 76.1% | 10 |
| 2020s | 76.2% | 74.6% | 77.2% | 6 |
Countries ranked near Cyprus
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 76.8% 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 77.2% in 2022.
- What is the lowest services, value added recorded in Cyprus?
- The lowest recorded value was 66.1% in 2007.
- How does Cyprus rank for services, value added?
- Cyprus ranks 14th out of 205 countries with data for 2025.
- Is services, value added rising or falling in Cyprus?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 defence, 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 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.