Services value added — all countries

Services value added — Cyprus

Services value added in Cyprus in 2025 — 31,680,401,593 US$. Ranked 79 in the world out of 158. Since 1995, the indicator has risen by 380.1%.

2025 31.68B US$ +10.07% vs 2024
World rank 79of 158
Period maximum 31.68B US$2025
Period minimum 6.56B US$1997

Trend over time

1995–2025 · US$

Services value added — Cyprus, 1995–2025010B20B30B40B199519982001200420072010201320162019202220251995: 6,598,573,092 US$1996: 6,706,495,609 US$1997: 6,556,017,104 US$1998: 7,102,347,285 US$1999: 7,373,078,749 US$2000: 6,968,356,268 US$2001: 7,209,455,373 US$2002: 7,811,856,731 US$2003: 9,798,510,759 US$2004: 11,574,250,000 US$2005: 12,301,903,992 US$2006: 13,447,317,777 US$2007: 15,843,217,903 US$2008: 18,555,777,547 US$2009: 18,227,697,343 US$2010: 18,483,420,167 US$2011: 20,450,775,002 US$2012: 18,772,607,453 US$2013: 18,236,674,342 US$2014: 17,611,600,115 US$2015: 15,035,004,743 US$2016: 15,694,153,837 US$2017: 17,012,139,960 US$2018: 18,928,490,045 US$2019: 19,198,409,075 US$2020: 19,053,153,760 US$2021: 23,019,294,995 US$2022: 24,086,615,277 US$2023: 26,735,157,221 US$2024: 28,781,740,319 US$2025: 31,680,401,593 US$
Change over the period: +25.08B (+380.11%) Average annual rate: 5.37 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cyprus

Cyprus 31.68B US$
World computed 46.11T US$
Western Asia computed 2.12T US$
Services value added — Cyprus, by year Cyprus All countries CSV XLSX
Year US$ Change Change, %
2025 31.68B +2.9B +10.07%
2024 28.78B +2.05B +7.66%
2023 26.74B +2.65B +11%
2022 24.09B +1.07B +4.64%
2021 23.02B +3.97B +20.82%
2020 19.05B −145M −0.76%
2019 19.2B +270M +1.43%
2018 18.93B +1.92B +11.26%
2017 17.01B +1.32B +8.4%
2016 15.69B +659M +4.38%
2015 15.04B −2.58B −14.63%
2014 17.61B −625M −3.43%
2013 18.24B −536M −2.85%
2012 18.77B −1.68B −8.21%
2011 20.45B +1.97B +10.64%
2010 18.48B +256M +1.4%
2009 18.23B −328M −1.77%
2008 18.56B +2.71B +17.12%
2007 15.84B +2.4B +17.82%
2006 13.45B +1.15B +9.31%
2005 12.3B +728M +6.29%
2004 11.57B +1.78B +18.12%
2003 9.8B +1.99B +25.43%
2002 7.81B +602M +8.36%
2001 7.21B +241M +3.46%
2000 6.97B −405M −5.49%
1999 7.37B +271M +3.81%
1998 7.1B +546M +8.33%
1997 6.56B −150M −2.24%
1996 6.71B +108M +1.64%
1995 6.6B

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

Source: World Development Indicators (World Bank), license CC BY 4.0.