Cyprus - ICT Gross Value Added
Since 2015, Cyprus ICT Gross Value Added grew 11.8% year on year. With €1,311.7 Million in 2020, the country was ranked number 45 among other countries in ICT Gross Value Added. Cyprus is overtaken by Latvia, which was ranked number 44 with €1,422.7 Million and is followed by Malta with €1,106.8 Million. United States topped the ranking with €1,205,810.2 Million in 2019, an increase of 3.5% compared to 2018. Japan, United Kingdom and Germany respectively ranked number 2, 3 and 4 in this ranking. Ireland witnessed the best average annual growth at +20% per year, while Australia was the worst growing country at -1.8% per year.
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| Date | Million Euros |
|---|---|
| 2020 | 1,311.70 |
| 2019 | 1,296.10 |
| 2018 | 1,202.30 |
| 2017 | 1,107.40 |
| 2016 | 964.30 |
Download all data from 1995 to 2020
How does Cyprus rank in ICT Gross Value Added?
| # | 53 Countries | Million Euros | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
1,205,810.20 | 2019 | +3.5 % | +8.4 % | View data | |
| 2 |
#2
Japan
|
209,793.90 | 2019 | +1.4 % | +2.5 % | View data | |
| 44 |
#44
Latvia
|
1,422.70 | 2020 | -4.0 % | +7.7 % | View data | |
| 45 |
#45
Cyprus
|
1,311.70 | 2020 | +1.2 % | +11.8 % | View data | |
| 46 |
#46
Malta
|
1,106.80 | 2020 | +15.3 % | +14.7 % | View data | |