Cyprus Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Cyprus's services value added was 77.32% in 2025, ranked 14th globally. This represents a 1.1% increase from 2024. Data from World Bank, covering 1995–2025.
Overview
Cyprus's services value added stood at 77.32% in 2025, a rise of +0.84% from 2024. Based on recent trends, this figure is projected to reach 77.32% by 2025. Cyprus ranked 14th globally.
Cyprus' Services Value Added has demonstrated a steady upward trajectory over the past three decades. The country's all-time high of 77.32 in 2025 signifies a significant increase from its trough of 66.10 in 2007, representing a 17.07% growth. Compared to its peer nations, Cyprus ranks closely behind Aruba, which boasted a slightly higher Services Value Added of 77.97 in the same year. Notably, Cyprus' Services Value Added has surpassed its 1995 value of 66.43, indicating a sustained growth pattern since the mid-1990s. The country's reliance on services sector growth has been a defining characteristic of its economic development strategy, contributing to its stable economic performance. As Cyprus continues to integrate into global markets and diversify its economy, a shift in its Services Value Added trend may be influenced by the impact of ongoing global economic shifts and evolving international trade dynamics.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 78.18% | - | - |
| 2026* trend | 77.75% | - | - |
| 2025* trend | 77.32% | - | - |
| 2025 | 77.32% | +0.84% | #14 |
| 2024 | 76.48% | +0.26% | #167 |
| 2023 | 76.22% | −0.93% | #179 |
| 2022 | 77.16% | +1.37% | #182 |
| 2021 | 75.79% | +1.23% | #184 |
| 2020 | 74.56% | +1.27% | #179 |
| 2019 | 73.29% | −0.21% | #179 |
| 2018 | 73.50% | −0.64% | #179 |
| 2017 | 74.14% | −0.43% | #182 |
| 2016 | 74.57% | −0.95% | #182 |
| 2015 | 75.52% | −0.31% | #185 |
| 2014 | 75.83% | −0.29% | #185 |
| 2013 | 76.11% | +1.17% | #186 |
| 2012 | 74.95% | +0.96% | #181 |
| 2011 | 73.99% | +2.34% | #179 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw services value added improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's services value added was 77.32% in 2025. Ranked 14th globally. This represents a 1.1% increase from the previous year.
Cyprus's services value added peaked at 77.32% in 2025.
The lowest services value added in Cyprus was 66.10% in 2007.
Cyprus ranks 14th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Cyprus's services value added is projected to reach 77.32% by 2025 based on trend extrapolation.
The services value added of Cyprus in 2025 was 77.32%. This ranks 14th in the world.
Cite this page
@misc{historysaid_cyprus_services-value-added,
title = {Cyprus Services Value Added},
url = {https://historysaid.com/cyprus/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}