Cyprus's adjusted savings, net national savings (current US$) was −US$549.8 million in 2021, the latest year in the World Bank's World Development Indicators. That is down 143.98% from US$1.25 billion in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$549.8 million | 2021 |
| Five years earlier | US$183.97 million | 2016 |
| Ten years earlier | US$1.25 billion | 2011 |
| Highest | US$1.25 billion | 2011 |
| Lowest | −US$1 billion | 2014 |
| Average since 2012 | −US$13.34 million | 2012–2021 |
| First recorded | US$33.25 million |
What the numbers say
In 2021, Cyprus' adjusted savings, net national savings (current US$) rose US$124.92 million on 2020 (from −US$674.72 million to −US$549.8 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was −US$39.98 million and a typical year strayed about US$566.67 million from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was US$972.02 million in 2015 and the biggest yearly fall was US$1.37 billion in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Cyprus had the 124th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Cyprus in the 2021 ranking
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 46 values
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2021 | -549,801,081 |
| 2020 | -674,724,795 |
| 2019 | 700,196,459 |
| 2018 | 925,621,111 |
| 2017 | 830,279,431 |
| 2016 | 183,973,205 |
| 2015 | -28,587,587 |
| 2014 | -1,000,608,544 |
| 2013 | -489,206,188 |
| 2012 | -30,546,428 |
Adjusted savings, net national savings (current US$) in nearby economies
- Albania — US$457.58 million (2021)
- Armenia — US$542.25 million (2021)
- Austria — US$41.3 billion (2021)
- Azerbaijan — US$13.29 billion (2021)
- Belarus — US$8.86 billion (2021)
- Belgium — US$41.28 billion (2021)
- Bosnia and Herzegovina — US$1.34 billion (2021)
- Bulgaria — US$6.05 billion (2021)
- Croatia — US$4.34 billion (2021)
- Czechia
More economic policy & debt data for Cyprus
- Total reserves, including gold (current US$) — US$2.95 billion (2025)
- Total reserves, excluding gold (current US$) — US$999.53 million (2025)
- Food, beverages and tobacco (% of value added in manufacturing) — 32.67% (2023)
- Machinery and transport equipment (% of value added in manufacturing) — 13.81% (2023)
- Other manufacturing (% of value added in manufacturing) — 39.94% (2023)
- Textiles and clothing (% of value added in manufacturing) — 1.35% (2023)
- Chemicals (% of value added in manufacturing) — 12.23% (2023)
- Foreign direct investment, net inflows (BoP, current US$) — US$11.16 billion (2025)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Cyprus's adjusted savings, net national savings (current US$)?
- −US$549.8 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is down 1,753% from US$33.25 million in 1976. The highest value was US$1.25 billion in 2011 and the lowest −US$1 billion in 2014.
- How does Cyprus rank?
- 124th highest of 132 economies with data for 2021.
- Is the latest change in adjusted savings, net national savings (current US$) unusual for Cyprus?
- In 2021, Cyprus' adjusted savings, net national savings (current US$) rose US$124.92 million on 2020 (from −US$674.72 million to −US$549.8 million). Across the 30 yearly changes before that (1991 to 2020), the average change was −US$39.98 million and a typical year strayed about US$566.67 million from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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