Total value added in current prices

25,706,699,625 (US dollars) in 2022

In 2022, total value added for Cyprus was 25,706 million US dollars. Total value added of Cyprus increased from 979 million US dollars in 1973 to 25,706 million US dollars in 2022 growing at an average annual rate of 7.53%.

The description is composed by our digital data assistant.

Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.

Date Value Change, %
2022 25,706,699,625 -1.46%
2021 26,086,520,279 16.11%
2020 22,467,682,781 -1.27%
2019 22,756,341,993 2.00%
2018 22,310,710,695 11.32%
2017 20,041,108,911 8.84%
2016 18,413,443,776 5.65%
2015 17,428,762,613 -14.27%
2014 20,329,143,093 -4.53%
2013 21,294,037,684 -4.17%
2012 22,220,663,216 -9.43%
2011 24,534,748,181