Cyprus vs Lower middle income: Tax revenue
Cyprus
23.9%
in 2024
Lower middle income
12.1%
in 2018
Cyprus rank
21st
Lower middle income rank
20th
Tax revenue over time
- Cyprus
- Lower middle income
How they compare
Cyprus currently reports 23.9% against 12.1% in Lower middle income, a difference of 11.8%.
That makes Cyprus's figure about 2.0 times Lower middle income's.
Across all 17 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 21st and Lower middle income ranks 20th of 157 countries.
Cyprus has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cyprus | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.9% | 11.5% | 12.5% | Cyprus |
| 2010s | 23.7% | 11.6% | 12.1% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Cyprus or Lower middle income?
- Cyprus, at 23.9% against 12.1% in Lower middle income as of 2024.
- What is the difference in tax revenue between Cyprus and Lower middle income?
- 11.8%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Lower middle income?
- 17 years are reported by both, from 2002 to 2018.
- How do Cyprus and Lower middle income rank globally for tax revenue?
- Cyprus ranks 21st and Lower middle income ranks 20th 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.