Cyprus vs Heavily indebted poor countries (HIPC): Tax revenue
Tax revenue over time
- Cyprus
- Heavily indebted poor countries (HIPC)
How they compare
Cyprus currently reports 23.9% against 11.5% in Heavily indebted poor countries (HIPC), a difference of 12.4%.
That makes Cyprus's figure about 2.1 times Heavily indebted poor countries (HIPC)'s.
Across all 10 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 21st and Heavily indebted poor countries (HIPC) ranks 21st of 157 countries.
Cyprus has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cyprus | Heavily indebted poor countries (HIPC) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 23.7% | 11.1% | 12.5% | Cyprus |
| 2020s | 21.9% | 11.5% | 10.5% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Cyprus or Heavily indebted poor countries (HIPC)?
- Cyprus, at 23.9% against 11.5% in Heavily indebted poor countries (HIPC) as of 2024.
- What is the difference in tax revenue between Cyprus and Heavily indebted poor countries (HIPC)?
- 12.4%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Heavily indebted poor countries (HIPC)?
- 10 years are reported by both, from 2010 to 2020.
- How do Cyprus and Heavily indebted poor countries (HIPC) rank globally for tax revenue?
- Cyprus ranks 21st and Heavily indebted poor countries (HIPC) ranks 21st of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.