Other expense in Cyprus
Cyprus: Other expense was 12.9% in 2023. ▲ Rising
Other expense in Cyprus, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Cyprus recorded 12.9% for other expense in 2023. That is the highest value across all 33 years on record.
That represents a change of up 134.9% on the previous year and up 151.3% over ten years.
Over the whole period, other expense in Cyprus peaked at 12.9% in 2023 and was at its lowest, 0.5%, in 1992.
That places Cyprus 32nd out of 147 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 0.5% | 5.0% | 9 |
| 2000s | 3.9% | 3.4% | 4.7% | 10 |
| 2010s | 5.1% | 4.4% | 5.7% | 10 |
| 2020s | 6.8% | 4.3% | 12.9% | 4 |
Countries ranked near Cyprus
More public sector data for Cyprus
- Arms imports 115.00 million SIPRI trend indicator values (2024)
- Tax revenue 23.9% (2024)
- Taxes on income, profits and capital gains 26.1% (2024)
- Taxes on goods and services 29.1% (2024)
- Net investment in nonfinancial assets 2.4% (2024)
- Net lending (+) / net borrowing (-) 4.2% (2024)
- Interest payments 2.8% (2024)
- Grants and other revenue 9.8% (2024)
- Interest payments 3.1% (2023)
- Other taxes 3.3% (2024)
Frequently asked questions
- What is other expense in Cyprus?
- Other expense in Cyprus was 12.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other expense recorded in Cyprus?
- The highest recorded value was 12.9% in 2023.
- What is the lowest other expense recorded in Cyprus?
- The lowest recorded value was 0.5% in 1992.
- How does Cyprus rank for other expense?
- Cyprus ranks 32nd out of 147 countries with data for 2023.
- Is other expense rising or falling in Cyprus?
- Over the last ten years it is up 151.3%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.