Tax revenue (current LCU), annual growth rate in Cyprus

Cyprus: Tax revenue (current LCU), annual growth rate was 10.15 % change on previous year in 2024. ◆ Volatile

Latest (2024)
10.15 % change on previous year
Change on year
down 5.1%
World rank
76th
of 156 countries
All-time high
38.32 % change on previous year
in 1977
All-time low
-17.85 % change on previous year
in 1974
Years of data
52
1973–2024

Tax revenue (current LCU), annual growth rate in Cyprus, 1973–2024

-2002040197319982024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Cyprus recorded 10.15 % change on previous year for tax revenue (current lcu), annual growth rate in 2024.

That represents a change of down 5.1% on the previous year and up 454.3% over ten years.

Over the whole period, tax revenue (current lcu), annual growth rate in Cyprus peaked at 38.32 % change on previous year in 1977 and was at its lowest, -17.85 % change on previous year, in 1974.

Cyprus ranks 76th of 156 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.

Tax revenue (current LCU), annual growth rate in Cyprus, year by year

Annual values for Tax revenue (current LCU), annual growth rate in Cyprus, 1973 to 2024.
Year % change on previous year Change
1973 25.21 % change on previous year
1974 -17.85 % change on previous year -170.8%
1975 -5.26 % change on previous year -70.5%
1976 17.61 % change on previous year -434.9%
1977 38.32 % change on previous year +117.6%
1978 22.87 % change on previous year -40.3%
1979 30.02 % change on previous year +31.3%
1980 25.72 % change on previous year -14.3%
1981 7.47 % change on previous year -71.0%
1982 20.8 % change on previous year +178.4%
1983 19.98 % change on previous year -3.9%
1984 23.2 % change on previous year +16.1%
1985 13.74 % change on previous year -40.8%
1986 8.95 % change on previous year -34.9%
1987 8.74 % change on previous year -2.4%
1988 19.36 % change on previous year +121.6%
1989 19.39 % change on previous year +0.1%
1990 11.22 % change on previous year -42.1%
1991 -1.44 % change on previous year -112.8%
1992 23.43 % change on previous year -1731.0%
1993 13.66 % change on previous year -41.7%
1994 19.2 % change on previous year +40.5%
1995 9.08 % change on previous year -52.7%
1996 0.5793 % change on previous year -93.6%
1997 0.6743 % change on previous year +16.4%
1998 15.77 % change on previous year +2239.4%
1999 10.53 % change on previous year -33.3%
2000 20.14 % change on previous year +91.3%
2001 10.34 % change on previous year -48.6%
2002 4.69 % change on previous year -54.6%
2003 11.1 % change on previous year +136.5%
2004 6.96 % change on previous year -37.3%
2005 13.54 % change on previous year +94.5%
2006 13.27 % change on previous year -1.9%
2007 27.95 % change on previous year +110.6%
2008 2.93 % change on previous year -89.5%
2009 -15.25 % change on previous year -620.9%
2010 3.33 % change on previous year -121.9%
2011 2.46 % change on previous year -26.1%
2012 -1.04 % change on previous year -142.3%
2013 -6.72 % change on previous year +545.3%
2014 1.83 % change on previous year -127.2%
2015 -0.1365 % change on previous year -107.5%
2016 3.62 % change on previous year -2751.1%
2017 8.21 % change on previous year +126.8%
2018 7.44 % change on previous year -9.4%
2019 3.89 % change on previous year -47.7%
2020 -9.08 % change on previous year -333.2%
2021 18.01 % change on previous year -298.3%
2022 17.82 % change on previous year -1.0%
2023 10.7 % change on previous year -40.0%
2024 10.15 % change on previous year -5.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.85 % change on previous year -17.85 % change on previous year 38.32 % change on previous year 7
1980s 16.73 % change on previous year 7.47 % change on previous year 25.72 % change on previous year 10
1990s 10.27 % change on previous year -1.44 % change on previous year 23.43 % change on previous year 10
2000s 9.57 % change on previous year -15.25 % change on previous year 27.95 % change on previous year 10
2010s 2.29 % change on previous year -6.72 % change on previous year 8.21 % change on previous year 10
2020s 9.52 % change on previous year -9.08 % change on previous year 18.01 % change on previous year 5

Countries ranked near Cyprus

  1. 73 Burundi 10.81 % change on previous year compare
  2. 74 Tonga 10.71 % change on previous year compare
  3. 75 Bahamas 10.61 % change on previous year compare
  4. 77 Estonia 10.12 % change on previous year compare
  5. 78 Singapore 10.08 % change on previous year compare
  6. 79 Ireland 9.84 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is tax revenue (current lcu), annual growth rate in Cyprus?
Tax revenue (current lcu), annual growth rate in Cyprus was 10.15 % change on previous year in 2024, according to Statizoid (derived).
What is the highest tax revenue (current lcu), annual growth rate recorded in Cyprus?
The highest recorded value was 38.32 % change on previous year in 1977.
What is the lowest tax revenue (current lcu), annual growth rate recorded in Cyprus?
The lowest recorded value was -17.85 % change on previous year in 1974.
How does Cyprus rank for tax revenue (current lcu), annual growth rate?
Cyprus ranks 76th out of 156 countries with data for 2024.
Is tax revenue (current lcu), annual growth rate rising or falling in Cyprus?
Over the last ten years it is up 454.3%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Tax revenue (current LCU), annual growth rate in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/tax-revenue-current-lcu-annual-growth-rate/cyprus/

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How this figure is calculated

The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Tax revenue (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,474 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.