Cyprus vs Paraguay: Government spending vs. GDP

Cyprus
5.27 billion constant 2015 US$
in 2025
Paraguay
5.25 billion constant 2015 US$
in 2025
Cyprus rank
93rd
Paraguay rank
94th

Government spending vs. GDP over time

  • Cyprus
  • Paraguay
01.0B2.0B3.0B4.0B5.0B196219932025

How they compare

Cyprus currently reports 5.27 billion constant 2015 US$ against 5.25 billion constant 2015 US$ in Paraguay, a difference of 25.71 million constant 2015 US$.

The two have swapped places 5 times across 51 shared years of data; in 1975 it was Paraguay ahead.

Cyprus ranks 93rd and Paraguay ranks 94th of 166 countries.

Across the 6 decades both report, Cyprus averaged higher in 1 and Paraguay in 5.

Head to head by decade

Decade Cyprus Paraguay Difference Ahead
1970s 715.08 million constant 2015 US$ 853.52 million constant 2015 US$ 138.43 million constant 2015 US$ Paraguay
1980s 1.12 billion constant 2015 US$ 1.37 billion constant 2015 US$ 243.49 million constant 2015 US$ Paraguay
1990s 2.01 billion constant 2015 US$ 2.31 billion constant 2015 US$ 291.06 million constant 2015 US$ Paraguay
2000s 3.01 billion constant 2015 US$ 2.51 billion constant 2015 US$ 501.43 million constant 2015 US$ Cyprus
2010s 3.54 billion constant 2015 US$ 4.08 billion constant 2015 US$ 548.07 million constant 2015 US$ Paraguay
2020s 4.91 billion constant 2015 US$ 5.17 billion constant 2015 US$ 263.57 million constant 2015 US$ Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, Cyprus or Paraguay?
Cyprus, at 5.27 billion constant 2015 US$ against 5.25 billion constant 2015 US$ in Paraguay as of 2025.
What is the difference in government spending vs. gdp between Cyprus and Paraguay?
25.71 million constant 2015 US$, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Paraguay?
51 years are reported by both, from 1975 to 2025.
How do Cyprus and Paraguay rank globally for government spending vs. gdp?
Cyprus ranks 93rd and Paraguay ranks 94th of 166 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Government spending vs. GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Paraguay: Government spending vs. GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 28 August 2026, from https://economy.statizoid.com/compare/government-expenditure-vs-gdp/cyprus/paraguay/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.