Expenditure decentralization (ratio of own spending to general) in Cyprus
Cyprus: Expenditure decentralization (ratio of own spending to general) was 0.6962 in 2020. ▬ Flat
Expenditure decentralization (ratio of own spending to general) in Cyprus, 2015–2020
Source: International Monetary Fund.
Analysis
In 2020, expenditure decentralization (ratio of own spending to general) in Cyprus stood at 0.6962. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 3.8% on the previous year and down 3.4% over ten years.
Cyprus ranks 22nd of 65 countries on this measure, in the middle of the range.
Expenditure decentralization (ratio of own spending to general) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 0.7209 | — |
| 2016 | 0.7181 | -0.4% |
| 2017 | 0.7261 | +1.1% |
| 2018 | 0.7667 | +5.6% |
| 2019 | 0.7236 | -5.6% |
| 2020 | 0.6962 | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7311 | 0.7181 | 0.7667 | 5 |
| 2020s | 0.6962 | 0.6962 | 0.6962 | 1 |
Countries ranked near Cyprus
- 19 Uganda 0.7625 compare
- 20 Bosnia and Herzegovina 0.7297 compare
- 21 Costa Rica 0.7134
- 23 Israel 0.6813 compare
- 24 El Salvador 0.6571 compare
- 25 Norway 0.6567 compare
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 expenditure decentralization (ratio of own spending to general) in Cyprus?
- Expenditure decentralization (ratio of own spending to general) in Cyprus was 0.6962 in 2020, according to International Monetary Fund.
- What is the highest expenditure decentralization (ratio of own spending to general) recorded in Cyprus?
- The highest recorded value was 0.7667 in 2018.
- What is the lowest expenditure decentralization (ratio of own spending to general) recorded in Cyprus?
- The lowest recorded value was 0.6962 in 2020.
- How does Cyprus rank for expenditure decentralization (ratio of own spending to general)?
- Cyprus ranks 22nd out of 65 countries with data for 2020.
- Is expenditure decentralization (ratio of own spending to general) rising or falling in Cyprus?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Expenditure decentralization (ratio of own spending to general government spending), Percent (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.