Global value chain participation - EU perspective in Cyprus

Cyprus: Global value chain participation - EU perspective was 46.7% in 2024. ▲ Rising

Latest (2024)
46.7%
Change on year
down 3.3%
World rank
3rd
of 35 countries
All-time high
50.9%
in 2022
All-time low
40.5%
in 2010
Years of data
15
2010–2024

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

02040602010201720242010: 40.5 Percentage of EU gross exports2011: 40.5 Percentage of EU gross exports2012: 40.6 Percentage of EU gross exports2013: 42.1 Percentage of EU gross exports2014: 41 Percentage of EU gross exports2015: 42.6 Percentage of EU gross exports2016: 43.8 Percentage of EU gross exports2017: 44.5 Percentage of EU gross exports2018: 44.9 Percentage of EU gross exports2019: 46.9 Percentage of EU gross exports2020: 47.2 Percentage of EU gross exports2021: 48.6 Percentage of EU gross exports2022: 50.9 Percentage of EU gross exports2023: 48.3 Percentage of EU gross exports2024: 46.7 Percentage of EU gross exports

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

Analysis

The most recent figure for global value chain participation - eu perspective in Cyprus is 46.7%, measured in 2024.

Compared with earlier readings it is down 3.3% on the previous year and up 13.9% over ten years.

Over the whole period, global value chain participation - eu perspective in Cyprus peaked at 50.9% in 2022 and was at its lowest, 40.5%, in 2010.

Cyprus ranks 3rd of 35 countries on this measure, in the top 10%.

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

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

Annual values for Global value chain participation - EU perspective (FIGARO application) in Cyprus, 2010 to 2024.
Year Percentage of EU gross exports Change
2010 40.5% —
2011 40.5% +0.0%
2012 40.6% +0.2%
2013 42.1% +3.7%
2014 41.0% -2.6%
2015 42.6% +3.9%
2016 43.8% +2.8%
2017 44.5% +1.6%
2018 44.9% +0.9%
2019 46.9% +4.5%
2020 47.2% +0.6%
2021 48.6% +3.0%
2022 50.9% +4.7%
2023 48.3% -5.1%
2024 46.7% -3.3%

Cyprus compared with similar countries

  • Cyprus's 46.7% is above the median for Europe & Central Asia, which is 34.1%, 1.4× the median. (26 countries reporting)
  • Cyprus's 46.7% is above the median for high income countries, which is 34.5%, 1.4× the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 42.7% 40.5% 46.9% 10
2020s 48.3% 46.7% 50.9% 5

Countries ranked near Cyprus

  1. 1 Greece 53.7% compare
  2. 2 Luxembourg 47.2% compare
  3. 4 Malta 43.4% compare
  4. 5 Ireland 42.2% compare
  5. 6 Slovenia 40.8% compare
  6. 6 Slovenia 40.8% compare

See the full ranking of 36 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is global value chain participation - eu perspective in Cyprus?
Global value chain participation - eu perspective in Cyprus was 46.7% in 2024, according to Eurostat.
What is the highest global value chain participation - eu perspective recorded in Cyprus?
The highest recorded value was 50.9% in 2022.
What is the lowest global value chain participation - eu perspective recorded in Cyprus?
The lowest recorded value was 40.5% in 2010.
How does Cyprus rank for global value chain participation - eu perspective?
Cyprus ranks 3rd out of 35 countries with data for 2024.
Is global value chain participation - eu perspective rising or falling in Cyprus?
Over the last ten years it is up 13.9%. 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 perspective (FIGARO application). Statizoid updates them automatically from the source API.

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Global value chain participation - EU perspective in Cyprus. Statizoid, drawing on Eurostat. Retrieved 26 September 2026, from https://reference.statizoid.com/stat/global-value-chain-participation-eu-perspective-figaro-application/cyprus/

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About this data

Indicator
Global value chain participation - EU perspective (FIGARO application)
Unit
Percentage of EU gross exports
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
36 places, 540 data points, 2010–2024
Last refreshed