Cyprus Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Cyprus's industry value added was 10.37% in 2025, ranked 176th globally. This represents a 6.8% decrease from 2024. Data from World Bank, covering 1975–2025.
Overview
Cyprus's industry value added stood at 10.37% in 2025, a decline of +0.76% from 2024. Based on recent trends, this figure is projected to reach 10.37% by 2025. Cyprus ranked 176th globally.
Cyprus’s industry value added has fallen sharply from a post‑oil‑crisis high of 33.64 in 1980 to a historic low of 9.97 in 2014, before modestly rebounding to 10.37 in 2025, placing the island at rank 176 globally. The 51‑year series shows a long‑term decline of more than two‑thirds, reflecting the structural shift toward services and tourism that has dominated the Cypriot economy since the 1990s. By contrast, peer small‑state economies such as Malta (10.31) and Montenegro (10.27) are clustered around a similar level, suggesting that Cyprus now competes on a comparable industrial base with other Mediterranean micro‑states. The modest recovery after the 2014 trough coincides with fiscal consolidation measures and modest increases in construction and manufacturing output, yet the industry remains far below its 1980 peak. Continued diversification into high‑value manufacturing and greater integration with EU supply chains will be required to reverse the downward trajectory and sustain any further gains in industrial contribution.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 9.67% | - | - |
| 2026* trend | 10.02% | - | - |
| 2025* trend | 10.37% | - | - |
| 2025 | 10.37% | −0.76% | #176 |
| 2024 | 11.14% | −0.20% | #13 |
| 2023 | 11.33% | +0.96% | #19 |
| 2022 | 10.38% | −1.11% | #20 |
| 2021 | 11.48% | −1.34% | #24 |
| 2020 | 12.82% | +0.03% | #30 |
| 2019 | 12.79% | +0.77% | #26 |
| 2018 | 12.02% | +0.68% | #23 |
| 2017 | 11.35% | +0.51% | #19 |
| 2016 | 10.84% | +0.65% | #17 |
| 2015 | 10.19% | +0.22% | #12 |
| 2014 | 9.97% | −0.78% | #13 |
| 2013 | 10.75% | −1.01% | #16 |
| 2012 | 11.76% | −0.99% | #19 |
| 2011 | 12.75% | −1.73% | #22 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw industry value added improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's industry value added was 10.37% in 2025. Ranked 176th globally. This represents a 6.8% decrease from the previous year.
Cyprus's industry value added peaked at 33.64% in 1980.
The lowest industry value added in Cyprus was 9.97% in 2014.
Cyprus ranks 176th globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Cyprus's industry value added is projected to reach 10.37% by 2025 based on trend extrapolation.
The industry value added of Cyprus in 2025 was 10.37%. This ranks 176th in the world.
Cite this page
@misc{historysaid_cyprus_industry-value-added,
title = {Cyprus Industry Value Added},
url = {https://historysaid.com/cyprus/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}