Cyprus - Real Estate Gross Value Added
Since 2013, Cyprus Real Estate Gross Value Added rose 1.6% year on year. In 2018, the country was number 48 among other countries in Real Estate Gross Value Added with €1,751.8 Million. Cyprus is overtaken by Iceland, which was ranked number 47 with €1,780.8 Million and is followed by Macedonia with €980.2 Million. United States topped the ranking with €2,178,193.9 Million in 2018, an increase of 3.1% versus 2017. EU after Brexit, China and Japan respectively ranked number 2, 3 and 4 in this ranking. China witnessed the best average annual growth at +11.7% per year, while Turkey witnessed the worst performance at -5.5% per year.
How does Cyprus rank in Real Estate Gross Value Added?
|#||54 Countries||Million Euros||Last||YoY||5‑years CAGR|
|1||United States||2,178,193.90||2018||+3.1 %||+7.5 %||View data|
|3||China||766,465.60||2018||+8.3 %||+11.7 %||View data|
|47||Iceland||1,780.80||2018||+3.7 %||+7.8 %||View data|
|48||Cyprus||1,751.80||2018||+4.1 %||+1.6 %||View data|
|49||Macedonia||980.20||2018||+1.6 %||+0.0 %||View data|