Military expenditure (current USD), per unit of GDP in Cyprus

Cyprus: Military expenditure (current USD), per unit of GDP was 0.0159 current USD per US$ of GDP in 2024. ◆ Volatile

Latest (2024)
0.0159 current USD per US$ of GDP
Change on year
down 0.2%
World rank
87th
of 166 countries
All-time high
0.0912 current USD per US$ of GDP
in 1992
All-time low
0.0126 current USD per US$ of GDP
in 1985
Years of data
40
1985–2024

Military expenditure (current USD), per unit of GDP in Cyprus, 1985–2024

0.020.040.060.080.11985200420241985: 0.013 current USD per US$ of GDP1986: 0.016 current USD per US$ of GDP1987: 0.054 current USD per US$ of GDP1988: 0.057 current USD per US$ of GDP1989: 0.054 current USD per US$ of GDP1990: 0.074 current USD per US$ of GDP1991: 0.073 current USD per US$ of GDP1992: 0.091 current USD per US$ of GDP1993: 0.041 current USD per US$ of GDP1994: 0.04 current USD per US$ of GDP1995: 0.03 current USD per US$ of GDP1996: 0.045 current USD per US$ of GDP1997: 0.056 current USD per US$ of GDP1998: 0.047 current USD per US$ of GDP1999: 0.028 current USD per US$ of GDP2000: 0.028 current USD per US$ of GDP2001: 0.032 current USD per US$ of GDP2002: 0.021 current USD per US$ of GDP2003: 0.02 current USD per US$ of GDP2004: 0.02 current USD per US$ of GDP2005: 0.021 current USD per US$ of GDP2006: 0.019 current USD per US$ of GDP2007: 0.017 current USD per US$ of GDP2008: 0.016 current USD per US$ of GDP2009: 0.018 current USD per US$ of GDP2010: 0.019 current USD per US$ of GDP2011: 0.017 current USD per US$ of GDP2012: 0.017 current USD per US$ of GDP2013: 0.016 current USD per US$ of GDP2014: 0.015 current USD per US$ of GDP2015: 0.016 current USD per US$ of GDP2016: 0.014 current USD per US$ of GDP2017: 0.016 current USD per US$ of GDP2018: 0.017 current USD per US$ of GDP2019: 0.018 current USD per US$ of GDP2020: 0.019 current USD per US$ of GDP2021: 0.018 current USD per US$ of GDP2022: 0.017 current USD per US$ of GDP2023: 0.016 current USD per US$ of GDP2024: 0.016 current USD per US$ of GDP

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

The most recent figure for military expenditure (current usd), per unit of gdp in Cyprus is 0.0159 current USD per US$ of GDP, measured in 2024.

That represents a change of down 0.2% on the previous year and up 3.2% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in Cyprus peaked at 0.0912 current USD per US$ of GDP in 1992 and was at its lowest, 0.0126 current USD per US$ of GDP, in 1985.

That places Cyprus 87th out of 166 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), per unit of GDP in Cyprus, year by year

Annual values for Military expenditure (current USD), per unit of GDP in Cyprus, 1985 to 2024.
Year current USD per US$ of GDP Change
1985 0.0126 current USD per US$ of GDP
1986 0.0158 current USD per US$ of GDP +24.7%
1987 0.0538 current USD per US$ of GDP +241.5%
1988 0.057 current USD per US$ of GDP +5.8%
1989 0.0537 current USD per US$ of GDP -5.8%
1990 0.0736 current USD per US$ of GDP +37.1%
1991 0.0725 current USD per US$ of GDP -1.5%
1992 0.0912 current USD per US$ of GDP +25.7%
1993 0.0407 current USD per US$ of GDP -55.3%
1994 0.0402 current USD per US$ of GDP -1.3%
1995 0.0301 current USD per US$ of GDP -25.2%
1996 0.0448 current USD per US$ of GDP +48.8%
1997 0.0559 current USD per US$ of GDP +25.0%
1998 0.0472 current USD per US$ of GDP -15.6%
1999 0.0276 current USD per US$ of GDP -41.5%
2000 0.0282 current USD per US$ of GDP +1.9%
2001 0.0315 current USD per US$ of GDP +11.9%
2002 0.0212 current USD per US$ of GDP -32.6%
2003 0.0198 current USD per US$ of GDP -6.6%
2004 0.0195 current USD per US$ of GDP -1.4%
2005 0.0207 current USD per US$ of GDP +5.7%
2006 0.0193 current USD per US$ of GDP -6.5%
2007 0.0169 current USD per US$ of GDP -12.5%
2008 0.0162 current USD per US$ of GDP -4.0%
2009 0.0181 current USD per US$ of GDP +11.5%
2010 0.0185 current USD per US$ of GDP +2.3%
2011 0.0174 current USD per US$ of GDP -6.2%
2012 0.0165 current USD per US$ of GDP -4.6%
2013 0.0161 current USD per US$ of GDP -2.9%
2014 0.0154 current USD per US$ of GDP -4.1%
2015 0.0165 current USD per US$ of GDP +6.9%
2016 0.014 current USD per US$ of GDP -14.8%
2017 0.0156 current USD per US$ of GDP +11.5%
2018 0.0175 current USD per US$ of GDP +11.8%
2019 0.0177 current USD per US$ of GDP +1.2%
2020 0.0189 current USD per US$ of GDP +6.9%
2021 0.0178 current USD per US$ of GDP -5.7%
2022 0.0171 current USD per US$ of GDP -4.4%
2023 0.0159 current USD per US$ of GDP -6.6%
2024 0.0159 current USD per US$ of GDP -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0386 current USD per US$ of GDP 0.0126 current USD per US$ of GDP 0.057 current USD per US$ of GDP 5
1990s 0.0524 current USD per US$ of GDP 0.0276 current USD per US$ of GDP 0.0912 current USD per US$ of GDP 10
2000s 0.0211 current USD per US$ of GDP 0.0162 current USD per US$ of GDP 0.0315 current USD per US$ of GDP 10
2010s 0.0165 current USD per US$ of GDP 0.014 current USD per US$ of GDP 0.0185 current USD per US$ of GDP 10
2020s 0.0171 current USD per US$ of GDP 0.0159 current USD per US$ of GDP 0.0189 current USD per US$ of GDP 5

Countries ranked near Cyprus

  1. 84 Eswatini 0.0164 current USD per US$ of GDP compare
  2. 85 Senegal 0.016 current USD per US$ of GDP compare
  3. 86 Italy 0.0159 current USD per US$ of GDP compare
  4. 88 Honduras 0.0157 current USD per US$ of GDP compare
  5. 89 Cambodia 0.0155 current USD per US$ of GDP compare
  6. 90 Chile 0.0155 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in Cyprus?
Military expenditure (current usd), per unit of gdp in Cyprus was 0.0159 current USD per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per unit of gdp recorded in Cyprus?
The highest recorded value was 0.0912 current USD per US$ of GDP in 1992.
What is the lowest military expenditure (current usd), per unit of gdp recorded in Cyprus?
The lowest recorded value was 0.0126 current USD per US$ of GDP in 1985.
How does Cyprus rank for military expenditure (current usd), per unit of gdp?
Cyprus ranks 87th out of 166 countries with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in Cyprus?
Over the last ten years it is up 3.2%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per unit of GDP in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/cyprus/

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How this figure is calculated

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ GDP (current US$)

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), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.