Use of goods and services, Transactions (Statement of operations) in Cyprus
Cyprus: Use of goods and services, Transactions (Statement of operations) was 1.59 billion in 2025. ▲ Rising
Use of goods and services, Transactions in Cyprus, 1999–2025
Source: International Monetary Fund.
Analysis
In 2025, use of goods and services, transactions in Cyprus stood at 1.59 billion. That is the highest value across all 27 years on record.
That represents a change of up 7.5% on the previous year and up 126.9% over ten years.
Over the whole period, use of goods and services, transactions in Cyprus peaked at 1.59 billion in 2025 and was at its lowest, 356.00 million, in 2000.
Cyprus ranks 35th 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.
Use of goods and services, Transactions (Statement of operations) in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1999 | 420.50 million | — |
| 2000 | 356.00 million | -15.3% |
| 2001 | 514.20 million | +44.4% |
| 2002 | 588.60 million | +14.5% |
| 2003 | 618.40 million | +5.1% |
| 2004 | 530.90 million | -14.1% |
| 2005 | 589.20 million | +11.0% |
| 2006 | 701.40 million | +19.0% |
| 2007 | 767.20 million | +9.4% |
| 2008 | 850.30 million | +10.8% |
| 2009 | 934.10 million | +9.9% |
| 2010 | 885.30 million | -5.2% |
| 2011 | 902.70 million | +2.0% |
| 2012 | 835.10 million | -7.5% |
| 2013 | 746.80 million | -10.6% |
| 2014 | 651.40 million | -12.8% |
| 2015 | 698.80 million | +7.3% |
| 2016 | 681.30 million | -2.5% |
| 2017 | 737.60 million | +8.3% |
| 2018 | 824.70 million | +11.8% |
| 2019 | 1.02 billion | +24.1% |
| 2020 | 939.20 million | -8.2% |
| 2021 | 1.10 billion | +17.5% |
| 2022 | 1.30 billion | +17.6% |
| 2023 | 1.37 billion | +5.2% |
| 2024 | 1.48 billion | +8.1% |
| 2025 | 1.59 billion | +7.5% |
Cyprus compared with similar countries
- Cyprus's 1.59 billion is below the median for high income countries, which is 86.68 billion, 2% of the median. (32 countries reporting)
- Cyprus's 1.59 billion is below the median for Europe & Central Asia, which is 77.36 billion, 2% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 420.50 million | 420.50 million | 420.50 million | 1 |
| 2000s | 645.03 million | 356.00 million | 934.10 million | 10 |
| 2010s | 798.73 million | 651.40 million | 1.02 billion | 10 |
| 2020s | 1.29 billion | 939.20 million | 1.59 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 use of goods and services, transactions in Cyprus?
- Use of goods and services, transactions in Cyprus was 1.59 billion in 2025, according to International Monetary Fund.
- What is the highest use of goods and services, transactions recorded in Cyprus?
- The highest recorded value was 1.59 billion in 2025.
- What is the lowest use of goods and services, transactions recorded in Cyprus?
- The lowest recorded value was 356.00 million in 2000.
- How does Cyprus rank for use of goods and services, transactions?
- Cyprus ranks 35th out of 35 countries with data for 2025.
- Is use of goods and services, transactions rising or falling in Cyprus?
- Over the last ten years it is up 126.9%. 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 Use of goods and services, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.