Small scale industries share in Cyprus

Cyprus: Small scale industries share was 31.37 in 2023. ▼ Falling

Latest (2023)
31.37
Change on year
down 2.7%
World rank
2nd
of 57 countries
All-time high
38.9
in 2006
All-time low
29.14
in 2020
Years of data
19
2005–2023

Small scale industries share in Cyprus, 2005–2023

0102030402005201420232005: 38.42006: 38.92007: 37.72008: 38.42009: 38.12010: 36.92011: 37.72012: 36.72013: 36.32014: 35.42015: 34.52016: 33.32017: 31.62018: 30.72019: 29.62020: 29.12021: 30.92022: 32.22023: 31.4

Source: Our World in Data.

Analysis

In 2023, small scale industries share in Cyprus stood at 31.37.

The figure is down 2.7% on the previous year and down 13.5% over ten years.

Over the whole period, small scale industries share in Cyprus peaked at 38.9 in 2006 and was at its lowest, 29.14, in 2020.

Cyprus ranks 2nd of 57 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 19 years of available data.

Small scale industries share in Cyprus, year by year

Annual values for Small scale industries share in Cyprus, 2005 to 2023.
Year Value Change
2005 38.44 —
2006 38.9 +1.2%
2007 37.66 -3.2%
2008 38.42 +2.0%
2009 38.11 -0.8%
2010 36.88 -3.2%
2011 37.72 +2.3%
2012 36.73 -2.6%
2013 36.27 -1.3%
2014 35.36 -2.5%
2015 34.49 -2.5%
2016 33.26 -3.6%
2017 31.58 -5.1%
2018 30.72 -2.7%
2019 29.59 -3.7%
2020 29.14 -1.5%
2021 30.94 +6.2%
2022 32.25 +4.2%
2023 31.37 -2.7%

Cyprus compared with similar countries

  • Cyprus's 31.37 is above the median for high income countries, which is 10.22, 3.1× the median. (39 countries reporting)
  • Cyprus's 31.37 is above the median for Europe & Central Asia, which is 10.55, 3.0× the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 38.31 37.66 38.9 5
2010s 34.26 29.59 37.72 10
2020s 30.93 29.14 32.25 4

Countries ranked near Cyprus

  1. 1 Palestine 63.41 compare
  2. 3 Australia 20.17 compare
  3. 4 New Zealand 18.57 compare
  4. 5 Georgia 17.91 compare

See the full ranking of 57 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is small scale industries share in Cyprus?
Small scale industries share in Cyprus was 31.37 in 2023, according to Our World in Data.
What is the highest small scale industries share recorded in Cyprus?
The highest recorded value was 38.9 in 2006.
What is the lowest small scale industries share recorded in Cyprus?
The lowest recorded value was 29.14 in 2020.
How does Cyprus rank for small scale industries share?
Cyprus ranks 2nd out of 57 countries with data for 2023.
Is small scale industries share rising or falling in Cyprus?
Over the last ten years it is down 13.5%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from Our World in Data, published as part of Small scale industries share. Statizoid updates them automatically from the source API.

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Small scale industries share in Cyprus. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/small-scale-industries-share/cyprus/

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About this data

Indicator
Small scale industries share
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
57 places, 804 data points, 2004–2024
Last refreshed