Use of goods and services, Ratio of this level of government's in Cyprus
Cyprus: Use of goods and services, Ratio of this level of government's was 0.8633 in 2020. ▬ Flat
Use of goods and services, Ratio of this level of government's in Cyprus, 1995–2020
Source: International Monetary Fund.
Analysis
The most recent figure for use of goods and services, ratio of this level of government's in Cyprus is 0.8633, measured in 2020.
Compared with earlier readings it is down 2.2% on the previous year and down 3.3% over ten years.
Over the whole period, use of goods and services, ratio of this level of government's in Cyprus peaked at 0.9358 in 1999 and was at its lowest, 0.7798, in 1996.
That places Cyprus 13th out of 79 countries with data for 2020, putting it in the top quarter.
Use of goods and services, Ratio of this level of government's in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 0.8474 | — |
| 1996 | 0.7798 | -8.0% |
| 1997 | 0.8601 | +10.3% |
| 1998 | 0.9173 | +6.7% |
| 1999 | 0.9358 | +2.0% |
| 2000 | 0.9199 | -1.7% |
| 2001 | 0.9305 | +1.2% |
| 2002 | 0.9315 | +0.1% |
| 2003 | 0.9169 | -1.6% |
| 2004 | 0.8764 | -4.4% |
| 2005 | 0.8791 | +0.3% |
| 2006 | 0.8829 | +0.4% |
| 2007 | 0.8681 | -1.7% |
| 2008 | 0.8843 | +1.9% |
| 2009 | 0.899 | +1.7% |
| 2010 | 0.893 | -0.7% |
| 2011 | 0.8904 | -0.3% |
| 2012 | 0.8915 | +0.1% |
| 2013 | 0.8848 | -0.7% |
| 2014 | 0.8628 | -2.5% |
| 2015 | 0.8278 | -4.0% |
| 2016 | 0.8818 | +6.5% |
| 2017 | 0.8749 | -0.8% |
| 2018 | 0.8855 | +1.2% |
| 2019 | 0.8824 | -0.4% |
| 2020 | 0.8633 | -2.2% |
Cyprus compared with similar countries
- Cyprus's 0.8633 is above the median for high income countries, which is 0.4675, 1.8× the median. (42 countries reporting)
- Cyprus's 0.8633 is above the median for Europe & Central Asia, which is 0.5393, 1.6× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8681 | 0.7798 | 0.9358 | 5 |
| 2000s | 0.8989 | 0.8681 | 0.9315 | 10 |
| 2010s | 0.8775 | 0.8278 | 0.893 | 10 |
| 2020s | 0.8633 | 0.8633 | 0.8633 | 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 use of goods and services, ratio of this level of government's in Cyprus?
- Use of goods and services, ratio of this level of government's in Cyprus was 0.8633 in 2020, according to International Monetary Fund.
- What is the highest use of goods and services, ratio of this level of government's recorded in Cyprus?
- The highest recorded value was 0.9358 in 1999.
- What is the lowest use of goods and services, ratio of this level of government's recorded in Cyprus?
- The lowest recorded value was 0.7798 in 1996.
- How does Cyprus rank for use of goods and services, ratio of this level of government's?
- Cyprus ranks 13th out of 79 countries with data for 2020.
- Is use of goods and services, ratio of this level of government's rising or falling in Cyprus?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Use of goods and services, 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.