Expenditure, General government, Percent of GDP in Cyprus
Cyprus: Expenditure, General government, Percent of GDP was 41.31 in 2030. ▲ Rising
Latest (2030)
41.31
Change on year
up 1.2%
World rank
48th
of 195 countries
All-time high
52.06
in 2014
All-time low
32.44
in 1996
Years of data
35
1996–2030
Expenditure, General government, Percent of GDP in Cyprus, 1996–2030
Source: International Monetary Fund.
Analysis
In 2030, expenditure, general government, percent of gdp in Cyprus stood at 41.31.
Compared with earlier readings it is up 1.2% on the previous year and down 10.1% over ten years.
Over the whole period, expenditure, general government, percent of gdp in Cyprus peaked at 52.06 in 2014 and was at its lowest, 32.44, in 1996.
That places Cyprus 48th out of 195 countries with data for 2030, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Expenditure, General government, Percent of GDP in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 32.44 | — |
| 1997 | 34.22 | +5.5% |
| 1998 | 34.38 | +0.5% |
| 1999 | 34.32 | -0.2% |
| 2000 | 34.97 | +1.9% |
| 2001 | 35.72 | +2.1% |
| 2002 | 37.42 | +4.8% |
| 2003 | 40.39 | +7.9% |
| 2004 | 38.64 | -4.3% |
| 2005 | 39.69 | +2.7% |
| 2006 | 39.13 | -1.4% |
| 2007 | 37.56 | -4.0% |
| 2008 | 38.22 | +1.7% |
| 2009 | 41.89 | +9.6% |
| 2010 | 41.7 | -0.5% |
| 2011 | 42.07 | +0.9% |
| 2012 | 41.89 | -0.4% |
| 2013 | 42.1 | +0.5% |
| 2014 | 52.06 | +23.7% |
| 2015 | 43.01 | -17.4% |
| 2016 | 39.63 | -7.9% |
| 2017 | 38.44 | -3.0% |
| 2018 | 44.25 | +15.1% |
| 2019 | 40.25 | -9.0% |
| 2020 | 45.94 | +14.1% |
| 2021 | 42.63 | -7.2% |
| 2022 | 37.99 | -10.9% |
| 2023 | 41.96 | +10.4% |
| 2024 | 39.98 | -4.7% |
| 2025 | 41.16 | +3.0% |
| 2026 | 40.82 | -0.8% |
| 2027 | 39.96 | -2.1% |
| 2028 | 40.34 | +0.9% |
| 2029 | 40.81 | +1.2% |
| 2030 | 41.31 | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.84 | 32.44 | 34.38 | 4 |
| 2000s | 38.36 | 34.97 | 41.89 | 10 |
| 2010s | 42.54 | 38.44 | 52.06 | 10 |
| 2020s | 41.16 | 37.99 | 45.94 | 10 |
| 2030s | 41.31 | 41.31 | 41.31 | 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 expenditure, general government, percent of gdp in Cyprus?
- Expenditure, general government, percent of gdp in Cyprus was 41.31 in 2030, according to International Monetary Fund.
- What is the highest expenditure, general government, percent of gdp recorded in Cyprus?
- The highest recorded value was 52.06 in 2014.
- What is the lowest expenditure, general government, percent of gdp recorded in Cyprus?
- The lowest recorded value was 32.44 in 1996.
- How does Cyprus rank for expenditure, general government, percent of gdp?
- Cyprus ranks 48th out of 195 countries with data for 2030.
- Is expenditure, general government, percent of gdp rising or falling in Cyprus?
- Over the last ten years it is down 10.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Expenditure, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October