Interest, payable, Ratio of this level of government's expenditure on in Cyprus
Cyprus: Interest, payable, Ratio of this level of government's expenditure on was 1.01 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in Cyprus, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in Cyprus is 1.01, measured in 2020.
That represents a change of up 0.1% on the previous year and down 14.1% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Cyprus peaked at 1.84 in 1995 and was at its lowest, 1.01, in 2017.
That places Cyprus 11th out of 80 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 1.84 | — |
| 1996 | 1.77 | -3.9% |
| 1997 | 1.8 | +2.1% |
| 1998 | 1.66 | -7.9% |
| 1999 | 1.69 | +1.8% |
| 2000 | 1.6 | -5.5% |
| 2001 | 1.57 | -1.7% |
| 2002 | 1.5 | -4.5% |
| 2003 | 1.35 | -10.0% |
| 2004 | 1.49 | +9.9% |
| 2005 | 1.38 | -7.1% |
| 2006 | 1.37 | -0.8% |
| 2007 | 1.38 | +0.5% |
| 2008 | 1.53 | +11.0% |
| 2009 | 1.2 | -21.3% |
| 2010 | 1.17 | -2.3% |
| 2011 | 1.22 | +4.1% |
| 2012 | 1.12 | -8.1% |
| 2013 | 1.13 | +0.5% |
| 2014 | 1.06 | -5.8% |
| 2015 | 1.03 | -3.4% |
| 2016 | 1.01 | -1.5% |
| 2017 | 1.01 | -0.3% |
| 2018 | 1.01 | +0.0% |
| 2019 | 1.01 | +0.1% |
| 2020 | 1.01 | +0.1% |
Cyprus compared with similar countries
- Cyprus's 1.01 is above the median for high income countries, which is 0.9354, 1.1× the median. (42 countries reporting)
- Cyprus's 1.01 is above the median for Europe & Central Asia, which is 0.966, 1.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.75 | 1.66 | 1.84 | 5 |
| 2000s | 1.44 | 1.2 | 1.6 | 10 |
| 2010s | 1.08 | 1.01 | 1.22 | 10 |
| 2020s | 1.01 | 1.01 | 1.01 | 1 |
Countries ranked near Cyprus
- 8 United Kingdom of Great Britain and Northern Ireland 1.03 compare
- 9 Kazakhstan 1.03 compare
- 10 Portugal 1.03 compare
- 12 Albania 1 compare
- 13 Hungary 1 compare
- 14 Afghanistan 1 compare
- 14 Azerbaijan 1 compare
- 14 Iran, Islamic Republic of 1 compare
- 14 Kiribati 1 compare
- 14 Marshall Islands 1 compare
- 14 Palau 1 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 interest, payable, ratio of this level of government's expenditure on in Cyprus?
- Interest, payable, ratio of this level of government's expenditure on in Cyprus was 1.01 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Cyprus?
- The highest recorded value was 1.84 in 1995.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Cyprus?
- The lowest recorded value was 1.01 in 2017.
- How does Cyprus rank for interest, payable, ratio of this level of government's expenditure on?
- Cyprus ranks 11th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Cyprus?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, 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.