Cyprus - Change in Inventories

Cyprus: Change in Inventories

Mnemonic CIVT.ICYP
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 150.39 %
Data 2018 Q1 -33.18
2017 Q4 65.84

Series Information

Source Statistical Service of the Republic of Cyprus (CYSTAT)
Release Quarterly National Accounts
Frequency Quarterly
Start Date 3/31/1995
End Date 3/31/2018

Cyprus: Business

Reference Last Previous Units Frequency
Capacity Utilization 2019 Q4 63.6 64.2 %, SA Quarterly
Industrial Production Oct 2019 136.2 139.3 Index 2015=100, NSA Monthly
Change in Inventories 2018 Q1 -33.18 65.84 Mil. EUR, SA Quarterly
Real Change in Inventories 2018 Q1 -23.64 63.3 Mil. Ch. 2005 EUR, SA Quarterly

Release Information

For Cyprus, quarterly national accounts since 1995 in euros including GDP, GVA, expenditures, final consumption, and gross capital formation.

The framework changed from ESA 95 to ESA 2010 in October 2014.

The Statistical Service of the Republic of Cyprus (CYSTAT) reports the following:

  • Growth rates of GDP at constant prices
  • GDP, with GVA by industry (aggregates of NACE Rev.1 economic activities)
  • GDP by category of expenditure
  • Final consumption expenditure
  • Gross capital formation

Figures are reported in nominal and real terms.  Real figures use chain-linking.  All quarterly figures are reported both unadjusted and seasonally adjusted (NSA and SA).

CYSTAT's system of national accounts presentation includes four tables (for each of current/constant and SA/NSA), which together comprise two alternative breakdowns of GDP:

Gross domestic product (GDP) equals:

  • Gross value added (GVA)
    • By industry: Six aggregates of NACE Rev.1 divisions A to P
  • Less: FISIM (financial intermediation services indirectly measured)
  • Import duties
  • VAT (value-added tax)

GDP alternately equals:

  • Final consumption expenditure
    • Households
    • NPISHs (non-profit institutions serving households)
    • Government
  • Gross capital formation
    • Gross fixed capital formation (GFCF)
      • By investment product: Six P1 to P6
    • Change in inventories
  • Exports
  • Less: Imports

Industries (NACE Rev. 1 economic activities):

  • A = Agriculture, hunting and forestry
  • B = Fishing
  • C = Mining and quarrying
  • D = Manufacturing
  • E = Electricity, gas and water supply
  • F = Construction
  • G = Wholesale and retail trade
  • H = Hotels and restaurants
  • I = Transport, storage and communication
  • J = Financial intermediation
  • K = Real estate, renting and business activities
  • L = Public administration and defense
  • M = Education
  • N = Health and social work
  • O = Other community, social and personal services
  • P = Private households with employed persons

Investment product categories in gross capital formation:

  • P1 = Products of agriculture, fisheries and aquaculture
  • P2 = Equipment: Metal products and machinery
  • P3 = Transportation equipment
  • P4 = Residential construction
  • P5 = Non-residential construction
  • P6 = Other products


Growth rates are revised over the past 12 quarters.