Taxes, Transactions (Statement of operations, General government) in Cyprus
Cyprus: Taxes, Transactions (Statement of operations, General government) was 8.93 billion in 2025. ▲ Rising
Taxes, Transactions in Cyprus, 1999–2025
Source: International Monetary Fund.
Analysis
In 2025, taxes, transactions in Cyprus stood at 8.93 billion. That is the highest value across all 27 years on record.
That represents a change of up 5.2% on the previous year and up 100.1% over ten years.
Over the whole period, taxes, transactions in Cyprus peaked at 8.93 billion in 2025 and was at its lowest, 1.92 billion, in 1999.
Cyprus ranks 34th of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Taxes, Transactions (Statement of operations, General government) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 1.92 billion | — |
| 2000 | 2.29 billion | +19.4% |
| 2001 | 2.53 billion | +10.3% |
| 2002 | 2.64 billion | +4.4% |
| 2003 | 2.93 billion | +11.0% |
| 2004 | 3.13 billion | +7.0% |
| 2005 | 3.54 billion | +13.1% |
| 2006 | 4.01 billion | +13.2% |
| 2007 | 5.11 billion | +27.4% |
| 2008 | 5.26 billion | +3.0% |
| 2009 | 4.48 billion | -14.9% |
| 2010 | 4.63 billion | +3.3% |
| 2011 | 4.74 billion | +2.4% |
| 2012 | 4.68 billion | -1.2% |
| 2013 | 4.40 billion | -6.0% |
| 2014 | 4.47 billion | +1.4% |
| 2015 | 4.46 billion | -0.1% |
| 2016 | 4.59 billion | +2.8% |
| 2017 | 4.97 billion | +8.4% |
| 2018 | 5.34 billion | +7.3% |
| 2019 | 5.55 billion | +4.1% |
| 2020 | 5.05 billion | -9.1% |
| 2021 | 5.94 billion | +17.7% |
| 2022 | 6.98 billion | +17.5% |
| 2023 | 7.72 billion | +10.6% |
| 2024 | 8.49 billion | +9.9% |
| 2025 | 8.93 billion | +5.2% |
Cyprus compared with similar countries
- Cyprus's 8.93 billion is below the median for high income countries, which is 321.17 billion, 3% of the median. (32 countries reporting)
- Cyprus's 8.93 billion is below the median for Europe & Central Asia, which is 307.50 billion, 3% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.92 billion | 1.92 billion | 1.92 billion | 1 |
| 2000s | 3.59 billion | 2.29 billion | 5.26 billion | 10 |
| 2010s | 4.78 billion | 4.40 billion | 5.55 billion | 10 |
| 2020s | 7.18 billion | 5.05 billion | 8.93 billion | 6 |
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, transactions in Cyprus?
- Taxes, transactions in Cyprus was 8.93 billion in 2025, according to International Monetary Fund.
- What is the highest taxes, transactions recorded in Cyprus?
- The highest recorded value was 8.93 billion in 2025.
- What is the lowest taxes, transactions recorded in Cyprus?
- The lowest recorded value was 1.92 billion in 1999.
- How does Cyprus rank for taxes, transactions?
- Cyprus ranks 34th out of 35 countries with data for 2025.
- Is taxes, transactions rising or falling in Cyprus?
- Over the last ten years it is up 100.1%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Taxes, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
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About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.