Value Added in Foreign Controlled Enterprises in Cyprus

Cyprus: Value Added in Foreign Controlled Enterprises was 21.66 in 2023. ▲ Rising

Latest (2023)
21.66
Change on year
up 10.2%
World rank
23rd
of 28 countries
All-time high
21.66
in 2023
All-time low
5.77
in 2008
Years of data
16
2008–2023

Value Added in Foreign Controlled Enterprises in Cyprus, 2008–2023

51015202008201520232008: 5.82009: 6.42010: 7.82011: 9.12012: 9.42013: 112014: 11.22015: 12.82016: 13.32017: 13.22018: 13.22019: 12.62020: 12.62021: 15.62022: 19.72023: 21.7

Source: Eurostat.

Analysis

In 2023, value added in foreign controlled enterprises in Cyprus stood at 21.66. That is the highest value across all 16 years on record.

Compared with earlier readings it is up 10.2% on the previous year and up 96.9% over ten years.

Over the whole period, value added in foreign controlled enterprises in Cyprus peaked at 21.66 in 2023 and was at its lowest, 5.77, in 2008.

That places Cyprus 23rd out of 28 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.09 5.77 6.42 2
2010s 11.36 7.8 13.35 10
2020s 17.37 12.58 21.66 4

Countries ranked near Cyprus

  1. 20 Norway 23.71 compare
  2. 21 Spain 22.88 compare
  3. 22 Belgium 22.15 compare
  4. 24 Denmark 21.07 compare
  5. 25 Germany 18.23 compare
  6. 26 Greece 17.74 compare

See the full ranking of 29 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is value added in foreign controlled enterprises in Cyprus?
Value added in foreign controlled enterprises in Cyprus was 21.66 in 2023, according to Eurostat.
What is the highest value added in foreign controlled enterprises recorded in Cyprus?
The highest recorded value was 21.66 in 2023.
What is the lowest value added in foreign controlled enterprises recorded in Cyprus?
The lowest recorded value was 5.77 in 2008.
How does Cyprus rank for value added in foreign controlled enterprises?
Cyprus ranks 23rd out of 28 countries with data for 2023.
Is value added in foreign controlled enterprises rising or falling in Cyprus?
Over the last ten years it is up 96.9%. 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 Value Added in Foreign Controlled Enterprises. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Value Added in Foreign Controlled Enterprises
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
29 places, 446 data points, 2008–2023
Last refreshed