Social benefits, Ratio of this level of government's expenditure on in Cyprus
Cyprus: Social benefits, Ratio of this level of government's expenditure on was 0.3531 in 2020. ▼ Falling
Social benefits, Ratio of this level of government's expenditure on in Cyprus, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, social benefits, ratio of this level of government's expenditure on in Cyprus stood at 0.3531. That is the lowest value across all 26 years on record.
The figure is down 9.6% on the previous year and down 30.1% over ten years.
Over the whole period, social benefits, ratio of this level of government's expenditure on in Cyprus peaked at 0.5178 in 2008 and was at its lowest, 0.3531, in 2020.
That places Cyprus 35th out of 79 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Social benefits, Ratio of this level of government's expenditure on in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.3961 | — |
| 1996 | 0.3961 | -0.0% |
| 1997 | 0.3962 | +0.0% |
| 1998 | 0.403 | +1.7% |
| 1999 | 0.4044 | +0.4% |
| 2000 | 0.4017 | -0.7% |
| 2001 | 0.4309 | +7.3% |
| 2002 | 0.4479 | +3.9% |
| 2003 | 0.4959 | +10.7% |
| 2004 | 0.4814 | -2.9% |
| 2005 | 0.4719 | -2.0% |
| 2006 | 0.4696 | -0.5% |
| 2007 | 0.5023 | +6.9% |
| 2008 | 0.5178 | +3.1% |
| 2009 | 0.5074 | -2.0% |
| 2010 | 0.505 | -0.5% |
| 2011 | 0.4908 | -2.8% |
| 2012 | 0.4347 | -11.4% |
| 2013 | 0.382 | -12.1% |
| 2014 | 0.3772 | -1.3% |
| 2015 | 0.3928 | +4.1% |
| 2016 | 0.4013 | +2.2% |
| 2017 | 0.4087 | +1.8% |
| 2018 | 0.4105 | +0.4% |
| 2019 | 0.3907 | -4.8% |
| 2020 | 0.3531 | -9.6% |
Cyprus compared with similar countries
- Cyprus's 0.3531 is above the median for high income countries, which is 0.2134, 1.7× the median. (42 countries reporting)
- Cyprus's 0.3531 is above the median for Europe & Central Asia, which is 0.1767, 2.0× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3992 | 0.3961 | 0.4044 | 5 |
| 2000s | 0.4727 | 0.4017 | 0.5178 | 10 |
| 2010s | 0.4194 | 0.3772 | 0.505 | 10 |
| 2020s | 0.3531 | 0.3531 | 0.3531 | 1 |
Countries ranked near Cyprus
More public sector data for Cyprus
- Arms imports 115.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 84.67 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0031 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -63.33 % change on previous year (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 115.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 440.4 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0159 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 7.03 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 598.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,190 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is social benefits, ratio of this level of government's expenditure on in Cyprus?
- Social benefits, ratio of this level of government's expenditure on in Cyprus was 0.3531 in 2020, according to International Monetary Fund.
- What is the highest social benefits, ratio of this level of government's expenditure on recorded in Cyprus?
- The highest recorded value was 0.5178 in 2008.
- What is the lowest social benefits, ratio of this level of government's expenditure on recorded in Cyprus?
- The lowest recorded value was 0.3531 in 2020.
- How does Cyprus rank for social benefits, ratio of this level of government's expenditure on?
- Cyprus ranks 35th out of 79 countries with data for 2020.
- Is social benefits, ratio of this level of government's expenditure on rising or falling in Cyprus?
- Over the last ten years it is down 30.1%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Social benefits, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.