Other taxes in Cyprus
Cyprus: Other taxes was 472.60 million current LCU in 2024. ◆ Volatile
Latest (2024)
472.60 million current LCU
Change on year
up 6.6%
World rank
91st
of 149 countries
All-time high
512.80 million current LCU
in 2007
All-time low
1.54 million current LCU
in 1975
Years of data
53
1972–2024
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.
Other taxes in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.27 million current LCU | — |
| 1973 | 2.85 million current LCU | +25.6% |
| 1974 | 2.07 million current LCU | -27.5% |
| 1975 | 1.54 million current LCU | -25.6% |
| 1976 | 2.29 million current LCU | +48.9% |
| 1977 | 3.78 million current LCU | +64.9% |
| 1978 | 3.79 million current LCU | +0.5% |
| 1979 | 4.58 million current LCU | +20.7% |
| 1980 | 5.89 million current LCU | +28.7% |
| 1981 | 7.81 million current LCU | +32.5% |
| 1982 | 8.47 million current LCU | +8.5% |
| 1983 | 9.48 million current LCU | +11.9% |
| 1984 | 20.74 million current LCU | +118.7% |
| 1985 | 24.38 million current LCU | +17.5% |
| 1986 | 57.15 million current LCU | +134.4% |
| 1987 | 53.09 million current LCU | -7.1% |
| 1988 | 82.23 million current LCU | +54.9% |
| 1989 | 99.97 million current LCU | +21.6% |
| 1990 | 112.25 million current LCU | +12.3% |
| 1991 | 123.58 million current LCU | +10.1% |
| 1992 | 145.54 million current LCU | +17.8% |
| 1993 | 170.74 million current LCU | +17.3% |
| 1994 | 186.51 million current LCU | +9.2% |
| 1995 | 41.80 million current LCU | -77.6% |
| 1996 | 36.40 million current LCU | -12.9% |
| 1997 | 35.90 million current LCU | -1.4% |
| 1998 | 62.30 million current LCU | +73.5% |
| 1999 | 57.60 million current LCU | -7.5% |
| 2000 | 81.90 million current LCU | +42.2% |
| 2001 | 82.10 million current LCU | +0.2% |
| 2002 | 92.40 million current LCU | +12.5% |
| 2003 | 193.30 million current LCU | +109.2% |
| 2004 | 313.50 million current LCU | +62.2% |
| 2005 | 364.70 million current LCU | +16.3% |
| 2006 | 329.20 million current LCU | -9.7% |
| 2007 | 512.80 million current LCU | +55.8% |
| 2008 | 431.20 million current LCU | -15.9% |
| 2009 | 304.20 million current LCU | -29.5% |
| 2010 | 341.40 million current LCU | +12.2% |
| 2011 | 311.20 million current LCU | -8.8% |
| 2012 | 295.90 million current LCU | -4.9% |
| 2013 | 319.00 million current LCU | +7.8% |
| 2014 | 320.40 million current LCU | +0.4% |
| 2015 | 355.00 million current LCU | +10.8% |
| 2016 | 323.20 million current LCU | -9.0% |
| 2017 | 346.70 million current LCU | +7.3% |
| 2018 | 335.30 million current LCU | -3.3% |
| 2019 | 346.90 million current LCU | +3.5% |
| 2020 | 305.60 million current LCU | -11.9% |
| 2021 | 344.20 million current LCU | +12.6% |
| 2022 | 401.30 million current LCU | +16.6% |
| 2023 | 443.40 million current LCU | +10.5% |
| 2024 | 472.60 million current LCU | +6.6% |
Cyprus compared with similar countries
- Cyprus's 472.60 million current LCU is below the median for high income countries, which is 1.29 billion current LCU, 37% of the median. (53 countries reporting)
- Cyprus's 472.60 million current LCU is below the median for Europe & Central Asia, which is 474.92 million current LCU, 100% of the median. (47 countries reporting)
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, 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)
- Chief executive of the government is elected, 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 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.
Download this data
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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.