Military expenditure (current USD), gaps filled in Cyprus

Cyprus: Military expenditure (current USD), gaps filled was 598.19 million current USD in 2024. ▲ Rising

Latest (2024)
598.19 million current USD
Change on year
up 7.0%
World rank
99th
of 167 countries
All-time high
630.13 million current USD
in 1992
All-time low
30.74 million current USD
in 1985
Years of data
40
1985–2024

Military expenditure (current USD), gaps filled in Cyprus, 1985–2024

0200.0M400.0M600.0M1985200420241985: 30.7M current USD1986: 48.7M current USD1987: 199.5M current USD1988: 243.8M current USD1989: 245.0M current USD1990: 411.4M current USD1991: 418.4M current USD1992: 630.1M current USD1993: 268.3M current USD1994: 298.5M current USD1995: 298.8M current USD1996: 448.1M current USD1997: 534.1M current USD1998: 483.7M current USD1999: 290.0M current USD2000: 281.2M current USD2001: 327.6M current USD2002: 242.5M current USD2003: 288.4M current USD2004: 338.5M current USD2005: 380.9M current USD2006: 387.7M current USD2007: 405.2M current USD2008: 453.8M current USD2009: 471.4M current USD2010: 477.6M current USD2011: 479.7M current USD2012: 414.5M current USD2013: 384.9M current USD2014: 357.8M current USD2015: 327.9M current USD2016: 295.4M current USD2017: 359.1M current USD2018: 450.4M current USD2019: 463.6M current USD2020: 483.4M current USD2021: 541.8M current USD2022: 532.5M current USD2023: 558.9M current USD2024: 598.2M current USD

Source: Statizoid (derived). Measured in current USD.

Analysis

The most recent figure for military expenditure (current usd), gaps filled in Cyprus is 598.19 million current USD, measured in 2024.

Compared with earlier readings it is up 7.0% on the previous year and up 67.2% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Cyprus peaked at 630.13 million current USD in 1992 and was at its lowest, 30.74 million current USD, in 1985.

That places Cyprus 99th out of 167 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 40 years of available data.

Military expenditure (current USD), gaps filled in Cyprus, year by year

Annual values for Military expenditure (current USD), gaps filled in Cyprus, 1985 to 2024.
Year current USD Change
1985 30.74 million current USD —
1986 48.73 million current USD +58.5%
1987 199.50 million current USD +309.4%
1988 243.82 million current USD +22.2%
1989 245.00 million current USD +0.5%
1990 411.41 million current USD +67.9%
1991 418.39 million current USD +1.7%
1992 630.13 million current USD +50.6%
1993 268.28 million current USD -57.4%
1994 298.47 million current USD +11.3%
1995 298.83 million current USD +0.1%
1996 448.08 million current USD +49.9%
1997 534.14 million current USD +19.2%
1998 483.75 million current USD -9.4%
1999 289.97 million current USD -40.1%
2000 281.16 million current USD -3.0%
2001 327.63 million current USD +16.5%
2002 242.48 million current USD -26.0%
2003 288.43 million current USD +18.9%
2004 338.48 million current USD +17.4%
2005 380.88 million current USD +12.5%
2006 387.70 million current USD +1.8%
2007 405.18 million current USD +4.5%
2008 453.80 million current USD +12.0%
2009 471.35 million current USD +3.9%
2010 477.59 million current USD +1.3%
2011 479.74 million current USD +0.4%
2012 414.50 million current USD -13.6%
2013 384.93 million current USD -7.1%
2014 357.81 million current USD -7.0%
2015 327.89 million current USD -8.4%
2016 295.36 million current USD -9.9%
2017 359.06 million current USD +21.6%
2018 450.41 million current USD +25.4%
2019 463.61 million current USD +2.9%
2020 483.42 million current USD +4.3%
2021 541.80 million current USD +12.1%
2022 532.51 million current USD -1.7%
2023 558.88 million current USD +5.0%
2024 598.19 million current USD +7.0%

Cyprus compared with similar countries

  • Cyprus's 598.19 million current USD is below the median for high income countries, which is 6.62 billion current USD, 9% of the median. (54 countries reporting)
  • Cyprus's 598.19 million current USD is below the median for Europe & Central Asia, which is 2.63 billion current USD, 23% of the median. (49 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), gaps filled in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1987 +309.4% 48.73 million current USD 199.50 million current USD

Averages by decade

DecadeAverage LowestHighest Years
1980s 153.56 million current USD 30.74 million current USD 245.00 million current USD 5
1990s 408.14 million current USD 268.28 million current USD 630.13 million current USD 10
2000s 357.71 million current USD 242.48 million current USD 471.35 million current USD 10
2010s 401.09 million current USD 295.36 million current USD 479.74 million current USD 10
2020s 542.96 million current USD 483.42 million current USD 598.19 million current USD 5

Countries ranked near Cyprus

  1. 96 Bolivia 655.13 million current USD compare
  2. 97 Lebanon 635.47 million current USD compare
  3. 98 Georgia 615.86 million current USD compare
  4. 100 Honduras 581.27 million current USD compare
  5. 101 Botswana 567.82 million current USD compare
  6. 102 Guinea 562.46 million current USD compare

See the full ranking of 211 places →

More public sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Cyprus?
Military expenditure (current usd), gaps filled in Cyprus was 598.19 million current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Cyprus?
The highest recorded value was 630.13 million current USD in 1992.
What is the lowest military expenditure (current usd), gaps filled recorded in Cyprus?
The lowest recorded value was 30.74 million current USD in 1985.
How does Cyprus rank for military expenditure (current usd), gaps filled?
Cyprus ranks 99th out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Cyprus?
Over the last ten years it is up 67.2%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/cyprus/

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.