Taxes on international trade (current LCU) in Cyprus
Cyprus: Taxes on international trade (current LCU) was 14.90 million current LCU in 2019. ◆ Volatile
Taxes on international trade in Cyprus, 1972–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2019, taxes on international trade in Cyprus stood at 14.90 million current LCU.
That represents a change of up 231.1% on the previous year and up 2,028.6% over ten years.
Over the whole period, taxes on international trade in Cyprus peaked at 210.47 million current LCU in 1992 and was at its lowest, -1.30 million current LCU, in 2016.
That places Cyprus 135th out of 155 countries with data for 2019, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade (current LCU) in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 24.36 million current LCU | — |
| 1973 | 28.23 million current LCU | +15.8% |
| 1974 | 19.46 million current LCU | -31.1% |
| 1975 | 13.57 million current LCU | -30.3% |
| 1976 | 19.00 million current LCU | +40.0% |
| 1977 | 37.23 million current LCU | +96.0% |
| 1978 | 39.08 million current LCU | +5.0% |
| 1979 | 44.00 million current LCU | +12.6% |
| 1980 | 56.28 million current LCU | +27.9% |
| 1981 | 64.53 million current LCU | +14.7% |
| 1982 | 80.82 million current LCU | +25.2% |
| 1983 | 94.11 million current LCU | +16.4% |
| 1984 | 111.76 million current LCU | +18.8% |
| 1985 | 120.42 million current LCU | +7.8% |
| 1986 | 120.59 million current LCU | +0.1% |
| 1987 | 133.94 million current LCU | +11.1% |
| 1988 | 157.64 million current LCU | +17.7% |
| 1989 | 180.28 million current LCU | +14.4% |
| 1990 | 189.36 million current LCU | +5.0% |
| 1991 | 192.24 million current LCU | +1.5% |
| 1992 | 210.47 million current LCU | +9.5% |
| 1993 | 173.95 million current LCU | -17.3% |
| 1994 | 166.47 million current LCU | -4.3% |
| 1995 | 172.60 million current LCU | +3.7% |
| 1996 | 163.30 million current LCU | -5.4% |
| 1997 | 133.80 million current LCU | -18.1% |
| 1998 | 100.00 million current LCU | -25.3% |
| 1999 | 102.70 million current LCU | +2.7% |
| 2000 | 119.40 million current LCU | +16.3% |
| 2001 | 130.70 million current LCU | +9.5% |
| 2002 | 129.20 million current LCU | -1.1% |
| 2003 | 113.30 million current LCU | -12.3% |
| 2004 | 43.30 million current LCU | -61.8% |
| 2005 | 1.50 million current LCU | -96.5% |
| 2006 | 1.50 million current LCU | +0.0% |
| 2007 | 300,000 current LCU | -80.0% |
| 2008 | 1.10 million current LCU | +266.7% |
| 2009 | 700,000 current LCU | -36.4% |
| 2010 | 1.20 million current LCU | +71.4% |
| 2011 | 1.90 million current LCU | +58.3% |
| 2012 | 1.40 million current LCU | -26.3% |
| 2013 | 2.40 million current LCU | +71.4% |
| 2014 | 100,000 current LCU | -95.8% |
| 2015 | 3.90 million current LCU | +3800.0% |
| 2016 | -1.30 million current LCU | -133.3% |
| 2017 | 4.80 million current LCU | -469.2% |
| 2018 | 4.50 million current LCU | -6.2% |
| 2019 | 14.90 million current LCU | +231.1% |
Cyprus compared with similar countries
- Cyprus's 14.90 million current LCU is below the median for high income countries, which is 85.11 million current LCU, 18% of the median. (55 countries reporting)
- Cyprus's 14.90 million current LCU is below the median for Europe & Central Asia, which is 138.90 million current LCU, 11% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes on international trade (current LCU) in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +3800.0% | 100,000 current LCU | 3.90 million current LCU |
| 2017 | +469.2% | -1.30 million current LCU | 4.80 million current LCU |
| 2008 | +266.7% | 300,000 current LCU | 1.10 million current LCU |
| 2019 | +231.1% | 4.50 million current LCU | 14.90 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.12 million current LCU | 13.57 million current LCU | 44.00 million current LCU | 8 |
| 1980s | 112.04 million current LCU | 56.28 million current LCU | 180.28 million current LCU | 10 |
| 1990s | 160.49 million current LCU | 100.00 million current LCU | 210.47 million current LCU | 10 |
| 2000s | 54.10 million current LCU | 300,000 current LCU | 130.70 million current LCU | 10 |
| 2010s | 3.38 million current LCU | -1.30 million current LCU | 14.90 million current LCU | 10 |
Countries ranked near Cyprus
More public sector data for Cyprus
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 28.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on international trade in Cyprus?
- Taxes on international trade in Cyprus was 14.90 million current LCU in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Cyprus?
- The highest recorded value was 210.47 million current LCU in 1992.
- What is the lowest taxes on international trade recorded in Cyprus?
- The lowest recorded value was -1.30 million current LCU in 2016.
- How does Cyprus rank for taxes on international trade?
- Cyprus ranks 135th out of 155 countries with data for 2019.
- Is taxes on international trade rising or falling in Cyprus?
- Over the last ten years it is up 2,028.6%. 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 Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.