Use of goods and services, Transactions in Cyprus
Cyprus: Use of goods and services, Transactions 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 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% |
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
- 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, 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.
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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.