Other taxes in Cyprus
Cyprus: Other taxes was 472.60 million current LCU in 2024. ◆ Volatile
Other taxes in Cyprus, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Cyprus recorded 472.60 million current LCU for other taxes in 2024.
Compared with earlier readings it is up 6.6% on the previous year and up 47.5% over ten years.
Over the whole period, other taxes in Cyprus peaked at 512.80 million current LCU in 2007 and was at its lowest, 1.54 million current LCU, in 1975.
That places Cyprus 91st out of 149 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.90 million current LCU | 1.54 million current LCU | 4.58 million current LCU | 8 |
| 1980s | 36.92 million current LCU | 5.89 million current LCU | 99.97 million current LCU | 10 |
| 1990s | 97.26 million current LCU | 35.90 million current LCU | 186.51 million current LCU | 10 |
| 2000s | 270.53 million current LCU | 81.90 million current LCU | 512.80 million current LCU | 10 |
| 2010s | 329.50 million current LCU | 295.90 million current LCU | 355.00 million current LCU | 10 |
| 2020s | 393.42 million current LCU | 305.60 million current LCU | 472.60 million current LCU | 5 |
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 taxes in Cyprus?
- Other taxes in Cyprus was 472.60 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Cyprus?
- The highest recorded value was 512.80 million current LCU in 2007.
- What is the lowest other taxes recorded in Cyprus?
- The lowest recorded value was 1.54 million current LCU in 1975.
- How does Cyprus rank for other taxes?
- Cyprus ranks 91st out of 149 countries with data for 2024.
- Is other taxes rising or falling in Cyprus?
- Over the last ten years it is up 47.5%. The long-run trend across the full record is volatile.
- 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 taxes (current LCU). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.