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Cyprus Patent Applications

Patent applications by residents  IP.PAT.RESD

Cyprus's patent applications was 1 in 2021, ranked 112th globally. This represents a 50.0% decrease from 2020. Data from World Bank, covering 1980–2021.

1 −1 (-50.0%)
Year 2021 Rank #112 Global Peak 20 (2005) Source World Bank

Cyprus Patent Applications (1980–2021)

Overview

Cyprus's patent applications stood at 1 in 2021, a decline of +1 from 2020. Cyprus ranked 112th globally.

Cyprus's patent applications have experienced significant fluctuations over the last two decades. Notably, the island nation's patent filings peaked at 20.00 in 2005, a year when several European countries saw a surge in patent applications driven by the EU's efforts to strengthen intellectual property rights. However, Cyprus's patent applications have since declined, reaching a trough of 1.00 in 2021, mirroring the experience of peer countries such as Cabo Verde, which also saw a decline in patent filings. In comparison to other nations with similar patent application rates, Cyprus's ranking has dropped to 112 globally, down from its peak position. The decline in patent applications is concerning, as it may indicate a decrease in innovation and investment in research and development within the country. A reversal in this trend could potentially be driven by government initiatives aimed at promoting innovation and entrepreneurship, such as tax incentives or investment in research infrastructure.

Data & projection

Year Patent Applications YoY change Rank
2021 1 −1 #112
2020 2 −2 #116
2019 4 +0 #102
2018 4 −4 #108
2017 8 +5 #105
2016 3 −3 #109
2015 6 +2 #97
2014 4 +2 #101
2013 2 −2 #107
2012 4 +0 #91
2010 4 −2 #95
2009 6 −5 #87
2008 11 +8 #84
2007 3 −17 #93
2005 20 +11 #82
Show all years (1980-2021)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.5% GDP growth 5.9% C/A balance 1.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw patent applications improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cyprus's patent applications?▾

Cyprus's patent applications was 1 in 2021. Ranked 112th globally. This represents a 50.0% decrease from the previous year.

What was the highest patent applications in Cyprus?▾

Cyprus's patent applications peaked at 20 in 2005.

What was the lowest patent applications in Cyprus?▾

The lowest patent applications in Cyprus was 1 in 1980.

How does Cyprus rank in patent applications?▾

Cyprus ranks 112th globally in patent applications as of 2021.

What is the World Bank indicator code for patent applications?▾

The World Bank indicator code is IP.PAT.RESD. Data sourced from World Bank.

What is the patent applications of Cyprus in 2021?▾

The patent applications of Cyprus in 2021 was 1. This ranks 112th in the world.

Cite this page

APA
Cyprus Patent Applications. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/cyprus/patents/
BibTeX
@misc{historysaid_cyprus_patents, title = {Cyprus Patent Applications}, url = {https://historysaid.com/cyprus/patents/}, publisher = {HistorySaid}, year = {2026} }
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