Cyprus CY: Net Investment in Nonfinancial Assets: % of GDP

Cyprus CY: Net Investment in Nonfinancial Assets: % of GDP data was reported at 2.541 % in 2023. This records an increase from the previous number of 2.097 % for 2022. Cyprus CY: Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 2.873 % from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 5.395 % in 2018 and a record low of 1.760 % in 2014. Cyprus CY: Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;

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