Deficit, Percent of own spending in Cyprus
Cyprus: Deficit, Percent of own spending was -0.221 in 2020. ◆ Volatile
Deficit, Percent of own spending in Cyprus, 2015–2020
Source: International Monetary Fund.
Analysis
The most recent figure for deficit, percent of own spending in Cyprus is -0.221, measured in 2020. That is the lowest value across all 6 years on record.
That represents a change of down 264.3% on the previous year and down 539.5% over ten years.
That places Cyprus 26th out of 66 countries with data for 2020, putting it in the middle of the range.
Deficit, Percent of own spending in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | -0.0346 | — |
| 2016 | 0.0046 | -113.4% |
| 2017 | 0.0352 | +658.3% |
| 2018 | -0.1728 | -590.3% |
| 2019 | -0.0607 | -64.9% |
| 2020 | -0.221 | +264.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.0456 | -0.1728 | 0.0352 | 5 |
| 2020s | -0.221 | -0.221 | -0.221 | 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 deficit, percent of own spending in Cyprus?
- Deficit, percent of own spending in Cyprus was -0.221 in 2020, according to International Monetary Fund.
- What is the highest deficit, percent of own spending recorded in Cyprus?
- The highest recorded value was 0.0352 in 2017.
- What is the lowest deficit, percent of own spending recorded in Cyprus?
- The lowest recorded value was -0.221 in 2020.
- How does Cyprus rank for deficit, percent of own spending?
- Cyprus ranks 26th out of 66 countries with data for 2020.
- Is deficit, percent of own spending rising or falling in Cyprus?
- Over the last ten years it is down 539.5%. 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 Deficit, Percent of own spending (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.