Global value chain participation - EU country perspective in Cyprus

Cyprus: Global value chain participation - EU country perspective was 62.6% in 2024. ▲ Rising

Latest (2024)
62.6%
Change on year
down 0.3%
World rank
6th
of 35 countries
All-time high
64.4%
in 2022
All-time low
48.0%
in 2012
Years of data
15
2010–2024

Global value chain participation - EU country perspective in Cyprus, 2010–2024

02040602010201720242010: 48.8 Percentage of total gross exports2011: 48.2 Percentage of total gross exports2012: 48 Percentage of total gross exports2013: 50.2 Percentage of total gross exports2014: 50 Percentage of total gross exports2015: 53 Percentage of total gross exports2016: 53.4 Percentage of total gross exports2017: 54.3 Percentage of total gross exports2018: 54.8 Percentage of total gross exports2019: 57.3 Percentage of total gross exports2020: 59.9 Percentage of total gross exports2021: 62.2 Percentage of total gross exports2022: 64.4 Percentage of total gross exports2023: 62.8 Percentage of total gross exports2024: 62.6 Percentage of total gross exports

Source: Eurostat. Measured in Percentage of total gross exports.

Analysis

In 2024, global value chain participation - eu country perspective in Cyprus stood at 62.6%.

That represents a change of down 0.3% on the previous year and up 25.2% over ten years.

Over the whole period, global value chain participation - eu country perspective in Cyprus peaked at 64.4% in 2022 and was at its lowest, 48.0%, in 2012.

Cyprus ranks 6th of 35 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Global value chain participation - EU country perspective in Cyprus, year by year

Annual values for Global value chain participation - EU country perspective (FIGARO application) in Cyprus, 2010 to 2024.
Year Percentage of total gross exports Change
2010 48.8% —
2011 48.2% -1.2%
2012 48.0% -0.4%
2013 50.2% +4.6%
2014 50.0% -0.4%
2015 53.0% +6.0%
2016 53.4% +0.8%
2017 54.3% +1.7%
2018 54.8% +0.9%
2019 57.3% +4.6%
2020 59.9% +4.5%
2021 62.2% +3.8%
2022 64.4% +3.5%
2023 62.8% -2.5%
2024 62.6% -0.3%

Cyprus compared with similar countries

  • Cyprus's 62.6% is above the median for Europe & Central Asia, which is 55.4%, 1.1× the median. (26 countries reporting)
  • Cyprus's 62.6% is above the median for high income countries, which is 55.6%, 1.1× the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 51.8% 48.0% 57.3% 10
2020s 62.4% 59.9% 64.4% 5

Countries ranked near Cyprus

  1. 4 Malta 64.3% compare
  2. 5 Hungary 63.3% compare
  3. 7 Estonia 59.1% compare
  4. 7 Estonia 59.1% compare
  5. 9 Greece 59.0% compare

See the full ranking of 35 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is global value chain participation - eu country perspective in Cyprus?
Global value chain participation - eu country perspective in Cyprus was 62.6% in 2024, according to Eurostat.
What is the highest global value chain participation - eu country perspective recorded in Cyprus?
The highest recorded value was 64.4% in 2022.
What is the lowest global value chain participation - eu country perspective recorded in Cyprus?
The lowest recorded value was 48.0% in 2012.
How does Cyprus rank for global value chain participation - eu country perspective?
Cyprus ranks 6th out of 35 countries with data for 2024.
Is global value chain participation - eu country perspective rising or falling in Cyprus?
Over the last ten years it is up 25.2%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Eurostat, published as part of Global value chain participation - EU country perspective (FIGARO application). Statizoid updates them automatically from the source API.

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Global value chain participation - EU country perspective in Cyprus. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/global-value-chain-participation-eu-country-perspective-figaro-application/cyprus/

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About this data

Indicator
Global value chain participation - EU country perspective (FIGARO application)
Unit
Percentage of total gross exports
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 525 data points, 2010–2024
Last refreshed