Cyprus vs Lower middle income: Expense
Cyprus
38.5%
in 2023
Lower middle income
15.7%
in 2018
Cyprus rank
23rd
Lower middle income rank
22nd
Expense over time
- Cyprus
- Lower middle income
How they compare
Cyprus currently reports 38.5% against 15.7% in Lower middle income, a difference of 22.8%.
That makes Cyprus's figure about 2.4 times Lower middle income's.
Across all 17 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 23rd and Lower middle income ranks 22nd of 157 countries.
Cyprus has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cyprus | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 38.1% | 17.5% | 20.6% | Cyprus |
| 2010s | 43.1% | 17.0% | 26.1% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Cyprus or Lower middle income?
- Cyprus, at 38.5% against 15.7% in Lower middle income as of 2023.
- What is the difference in expense between Cyprus and Lower middle income?
- 22.8%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Lower middle income?
- 17 years are reported by both, from 2002 to 2018.
- How do Cyprus and Lower middle income rank globally for expense?
- Cyprus ranks 23rd and Lower middle income ranks 22nd 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.
Individual pages
About this data
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.