Cyprus vs Least developed countries: Expense

Cyprus
38.5%
in 2023
Least developed countries
13.1%
in 2019
Cyprus rank
23rd
Least developed countries rank
24th

Expense over time

  • Cyprus
  • Least developed countries
1020304050197519992023

How they compare

Cyprus currently reports 38.5% against 13.1% in Least developed countries, a difference of 25.4%.

That makes Cyprus's figure about 2.9 times Least developed countries's.

Across all 10 years both countries report, Cyprus has been ahead every year.

Cyprus ranks 23rd and Least developed countries ranks 24th of 157 countries.

Cyprus has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cyprus Least developed countries Difference Ahead
2000s 40.8% 15.0% 25.8% Cyprus
2010s 42.7% 14.0% 28.7% Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expense, Cyprus or Least developed countries?
Cyprus, at 38.5% against 13.1% in Least developed countries as of 2023.
What is the difference in expense between Cyprus and Least developed countries?
25.4%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Least developed countries?
10 years are reported by both, from 2009 to 2019.
How do Cyprus and Least developed countries rank globally for expense?
Cyprus ranks 23rd and Least developed countries ranks 24th of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Least developed countries: Expense. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://economy.statizoid.com/compare/expense-percent-of-gdp/cyprus/least-developed-countries-un-classification/

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About this data

Indicator
Expense (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
183 places, 5,211 data points, 1972–2024
Last refreshed

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.