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
Military expenditure (current USD), per unit of GDP in Cyprus, 1985–2024
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
| 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% |
Cyprus compared with similar countries
- Cyprus's 0.0159 current USD per US$ of GDP is below the median for high income countries, which is 0.0201 current USD per US$ of GDP, 79% of the median. (54 countries reporting)
- Cyprus's 0.0159 current USD per US$ of GDP is below the median for Europe & Central Asia, which is 0.0198 current USD per US$ of GDP, 80% of the median. (49 countries reporting)
Biggest year-on-year movements
Years where Military expenditure (current USD), per unit of GDP 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.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +241.5% | 0.0158 current USD per US$ of GDP | 0.0538 current USD per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 84 Eswatini 0.0164 current USD per US$ of GDP compare
- 85 Senegal 0.016 current USD per US$ of GDP compare
- 86 Italy 0.0159 current USD per US$ of GDP compare
- 88 Honduras 0.0157 current USD per US$ of GDP compare
- 89 Cambodia 0.0155 current USD per US$ of GDP compare
- 90 Chile 0.0155 current USD per US$ of GDP compare
More public sector data for Cyprus
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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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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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.