Government spending in Cyprus was last recorded at 41.9 percent of GDP in 2023 . Government Spending to GDP in Cyprus averaged 39.41 percent of GDP from 1995 until 2023, reaching an all time high of 52.10 percent of GDP in 2014 and a record low of 30.90 percent of GDP in 1995. source: EUROSTAT

Government Spending to GDP in Cyprus is expected to reach 41.20 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Asylum Applications 480.00 300.00 persons Oct 2024
Credit Rating 66.00 Jan 2025
Fiscal Expenditure 3098.60 3291.40 EUR Million Sep 2024
Government Budget 3.10 2.70 percent of GDP Dec 2023
Government Budget Value 867.50 -39.20 EUR Million Sep 2024
Government Debt to GDP 73.60 81.00 percent of GDP Dec 2023
Government Revenues 3966.10 3252.20 EUR Million Sep 2024
Government Spending 1320.40 1287.40 EUR Million Sep 2024
Government Spending to GDP 41.90 37.90 percent of GDP Dec 2023
Holidays
Military Expenditure 566.90 523.50 USD Million Dec 2023

Cyprus Government Spending to GDP
Actual Previous Highest Lowest Dates Unit Frequency
41.90 37.90 52.10 30.90 1995 - 2023 percent of GDP Yearly