Cyclically adjusted balance, General government, Percent of potential in Cyprus
Cyprus: Cyclically adjusted balance, General government, Percent of potential was 1.03 in 2030. ◆ Volatile
Latest (2030)
1.03
Change on year
down 30.7%
World rank
5th
of 88 countries
All-time high
3.09
in 2024
All-time low
-6
in 2011
Years of data
35
1996–2030
Cyclically adjusted balance, General government, Percent of potential in Cyprus, 1996–2030
Source: International Monetary Fund.
Analysis
Cyprus recorded 1.03 for cyclically adjusted balance, general government, percent of potential in 2030.
The figure is down 30.7% on the previous year and up 140.9% over ten years.
Over the whole period, cyclically adjusted balance, general government, percent of potential in Cyprus peaked at 3.09 in 2024 and was at its lowest, -6, in 2011.
That places Cyprus 5th out of 88 countries with data for 2030, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Cyclically adjusted balance, General government, Percent of potential in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -2.67 | — |
| 1997 | -3.52 | +31.7% |
| 1998 | -3.01 | -14.4% |
| 1999 | -3.3 | +9.6% |
| 2000 | -1.53 | -53.7% |
| 2001 | -1.32 | -13.6% |
| 2002 | -2.71 | +105.0% |
| 2003 | -3.65 | +34.9% |
| 2004 | -2.5 | -31.5% |
| 2005 | -1.92 | -23.4% |
| 2006 | -1.64 | -14.4% |
| 2007 | 0.7898 | -148.2% |
| 2008 | -1.71 | -316.1% |
| 2009 | -5.47 | +220.5% |
| 2010 | -5.37 | -1.8% |
| 2011 | -6 | +11.7% |
| 2012 | -4.35 | -27.5% |
| 2013 | -1.99 | -54.2% |
| 2014 | -3.31 | +66.4% |
| 2015 | 1.88 | -156.7% |
| 2016 | 1.71 | -9.2% |
| 2017 | 2.29 | +34.2% |
| 2018 | 2.88 | +25.6% |
| 2019 | 0.3061 | -89.4% |
| 2020 | -2.5 | -918.4% |
| 2021 | -1.51 | -39.6% |
| 2022 | 1.51 | -199.9% |
| 2023 | 1.19 | -21.1% |
| 2024 | 3.09 | +159.4% |
| 2025 | 2.49 | -19.4% |
| 2026 | 2.33 | -6.6% |
| 2027 | 2.23 | -4.3% |
| 2028 | 1.92 | -13.7% |
| 2029 | 1.48 | -23.0% |
| 2030 | 1.03 | -30.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.12 | -3.52 | -2.67 | 4 |
| 2000s | -2.17 | -5.47 | 0.7898 | 10 |
| 2010s | -1.2 | -6 | 2.88 | 10 |
| 2020s | 1.22 | -2.5 | 3.09 | 10 |
| 2030s | 1.03 | 1.03 | 1.03 | 1 |
Countries ranked near Cyprus
More public sector data for Cyprus
- Arms imports 115.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 84.67 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0031 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.33 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 115.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 440.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0159 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 7.03 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 598.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,190 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is cyclically adjusted balance, general government, percent of potential in Cyprus?
- Cyclically adjusted balance, general government, percent of potential in Cyprus was 1.03 in 2030, according to International Monetary Fund.
- What is the highest cyclically adjusted balance, general government, percent of potential recorded in Cyprus?
- The highest recorded value was 3.09 in 2024.
- What is the lowest cyclically adjusted balance, general government, percent of potential recorded in Cyprus?
- The lowest recorded value was -6 in 2011.
- How does Cyprus rank for cyclically adjusted balance, general government, percent of potential?
- Cyprus ranks 5th out of 88 countries with data for 2030.
- Is cyclically adjusted balance, general government, percent of potential rising or falling in Cyprus?
- Over the last ten years it is up 140.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Cyclically adjusted balance, General government, Percent of potential GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October