Taxes on property, Ratio of this level of government's revenue from in Cyprus
Cyprus: Taxes on property, Ratio of this level of government's revenue from was 0.1725 in 2020. ▼ Falling
Taxes on property, Ratio of this level of government's revenue from in Cyprus, 1995–2020
Source: International Monetary Fund.
Analysis
In 2020, taxes on property, ratio of this level of government's revenue from in Cyprus stood at 0.1725. That is the lowest value across all 26 years on record.
That represents a change of down 33.4% on the previous year and down 76.7% over ten years.
Over the whole period, taxes on property, ratio of this level of government's revenue from in Cyprus peaked at 0.9021 in 2005 and was at its lowest, 0.1725, in 2020.
That places Cyprus 25th out of 78 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.
Taxes on property, Ratio of this level of government's revenue from in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.6258 | — |
| 1996 | 0.5587 | -10.7% |
| 1997 | 0.5205 | -6.8% |
| 1998 | 0.7037 | +35.2% |
| 1999 | 0.674 | -4.2% |
| 2000 | 0.7478 | +11.0% |
| 2001 | 0.7129 | -4.7% |
| 2002 | 0.7921 | +11.1% |
| 2003 | 0.8106 | +2.3% |
| 2004 | 0.8887 | +9.6% |
| 2005 | 0.9021 | +1.5% |
| 2006 | 0.8277 | -8.3% |
| 2007 | 0.8877 | +7.3% |
| 2008 | 0.8204 | -7.6% |
| 2009 | 0.7108 | -13.4% |
| 2010 | 0.7416 | +4.3% |
| 2011 | 0.7001 | -5.6% |
| 2012 | 0.7102 | +1.4% |
| 2013 | 0.7301 | +2.8% |
| 2014 | 0.7761 | +6.3% |
| 2015 | 0.6967 | -10.2% |
| 2016 | 0.6424 | -7.8% |
| 2017 | 0.3984 | -38.0% |
| 2018 | 0.3036 | -23.8% |
| 2019 | 0.2591 | -14.7% |
| 2020 | 0.1725 | -33.4% |
Cyprus compared with similar countries
- Cyprus's 0.1725 is above the median for high income countries, which is 0.0531, 3.2× the median. (42 countries reporting)
- Cyprus's 0.1725 is above the median for Europe & Central Asia, which is 0.0349, 4.9× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.6165 | 0.5205 | 0.7037 | 5 |
| 2000s | 0.8101 | 0.7108 | 0.9021 | 10 |
| 2010s | 0.5958 | 0.2591 | 0.7761 | 10 |
| 2020s | 0.1725 | 0.1725 | 0.1725 | 1 |
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 taxes on property, ratio of this level of government's revenue from in Cyprus?
- Taxes on property, ratio of this level of government's revenue from in Cyprus was 0.1725 in 2020, according to International Monetary Fund.
- What is the highest taxes on property, ratio of this level of government's revenue from recorded in Cyprus?
- The highest recorded value was 0.9021 in 2005.
- What is the lowest taxes on property, ratio of this level of government's revenue from recorded in Cyprus?
- The lowest recorded value was 0.1725 in 2020.
- How does Cyprus rank for taxes on property, ratio of this level of government's revenue from?
- Cyprus ranks 25th out of 78 countries with data for 2020.
- Is taxes on property, ratio of this level of government's revenue from rising or falling in Cyprus?
- Over the last ten years it is down 76.7%. 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 Taxes on property, Ratio of this level of government's revenue from this item to total general government revenue from this item, 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.