Military expenditure in Cyprus

Cyprus: Military expenditure was 1.6% in 2024. ◆ Volatile

Latest (2024)
1.6%
Change on year
down 0.2%
World rank
84th
of 164 countries
All-time high
9.1%
in 1992
All-time low
1.3%
in 1985
Years of data
40
1985–2024

Military expenditure in Cyprus, 1985–2024

2468101985200420241985: 1.3 % of GDP1986: 1.6 % of GDP1987: 5.4 % of GDP1988: 5.7 % of GDP1989: 5.4 % of GDP1990: 7.4 % of GDP1991: 7.3 % of GDP1992: 9.1 % of GDP1993: 4.1 % of GDP1994: 4 % of GDP1995: 3 % of GDP1996: 4.5 % of GDP1997: 5.6 % of GDP1998: 4.7 % of GDP1999: 2.7 % of GDP2000: 2.8 % of GDP2001: 3.2 % of GDP2002: 2.1 % of GDP2003: 2 % of GDP2004: 2 % of GDP2005: 2 % of GDP2006: 1.9 % of GDP2007: 1.7 % of GDP2008: 1.6 % of GDP2009: 1.8 % of GDP2010: 1.9 % of GDP2011: 1.7 % of GDP2012: 1.7 % of GDP2013: 1.6 % of GDP2014: 1.5 % of GDP2015: 1.6 % of GDP2016: 1.4 % of GDP2017: 1.6 % of GDP2018: 1.7 % of GDP2019: 1.8 % of GDP2020: 1.9 % of GDP2021: 1.8 % of GDP2022: 1.7 % of GDP2023: 1.7 % of GDP2024: 1.6 % of GDP

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

The most recent figure for military expenditure in Cyprus is 1.6%, measured in 2024.

The figure is down 0.2% on the previous year and up 6.8% over ten years.

Over the whole period, military expenditure in Cyprus peaked at 9.1% in 1992 and was at its lowest, 1.3%, in 1985.

Cyprus ranks 84th of 164 countries on this measure, in the middle of the range.

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

Military expenditure in Cyprus, year by year

Annual values for Military expenditure (% of GDP) in Cyprus, 1985 to 2024.
Year % of GDP Change
1985 1.3%
1986 1.6% +24.2%
1987 5.4% +241.8%
1988 5.7% +5.7%
1989 5.4% -5.8%
1990 7.4% +37.3%
1991 7.3% -1.5%
1992 9.1% +25.7%
1993 4.1% -55.4%
1994 4.0% -1.3%
1995 3.0% -24.4%
1996 4.5% +48.8%
1997 5.6% +23.2%
1998 4.7% -16.1%
1999 2.7% -41.5%
2000 2.8% +3.2%
2001 3.2% +11.7%
2002 2.1% -32.4%
2003 2.0% -6.8%
2004 2.0% -1.5%
2005 2.0% +4.2%
2006 1.9% -6.7%
2007 1.7% -11.3%
2008 1.6% -3.3%
2009 1.8% +11.5%
2010 1.9% +2.0%
2011 1.7% -6.2%
2012 1.7% -4.8%
2013 1.6% -2.9%
2014 1.5% -4.0%
2015 1.6% +6.8%
2016 1.4% -14.8%
2017 1.6% +11.6%
2018 1.7% +11.6%
2019 1.8% +1.1%
2020 1.9% +7.1%
2021 1.8% -5.9%
2022 1.7% -3.5%
2023 1.7% -4.1%
2024 1.6% -0.2%

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.9% 1.3% 5.7% 5
1990s 5.2% 2.7% 9.1% 10
2000s 2.1% 1.6% 3.2% 10
2010s 1.7% 1.4% 1.9% 10
2020s 1.7% 1.6% 1.9% 5

Countries ranked near Cyprus

  1. 81 Vietnam 1.8% compare
  2. 82 Croatia 1.8% compare
  3. 83 China 1.7% compare
  4. 85 Italy 1.6% compare
  5. 86 Somalia 1.6% compare
  6. 87 Chile 1.6% compare

See the full ranking of 209 places →

More public sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is military expenditure in Cyprus?
Military expenditure in Cyprus was 1.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Cyprus?
The highest recorded value was 9.1% in 1992.
What is the lowest military expenditure recorded in Cyprus?
The lowest recorded value was 1.3% in 1985.
How does Cyprus rank for military expenditure?
Cyprus ranks 84th out of 164 countries with data for 2024.
Is military expenditure rising or falling in Cyprus?
Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.

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Military expenditure in Cyprus. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 01 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/cyprus/

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About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 10,533 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product