Cyprus vs Nicaragua: Tax revenue as share of GDP

Cyprus
28.2%
in 2023
Nicaragua
27.8%
in 2022
Cyprus rank
46th
Nicaragua rank
49th

Tax revenue as share of GDP over time

  • Cyprus
  • Nicaragua
1020304050198020012023

How they compare

Cyprus currently reports 28.2% against 27.8% in Nicaragua, a difference of 0.4%.

The two have swapped places 3 times across 26 shared years of data; in 1997 it was Cyprus ahead.

Cyprus ranks 46th and Nicaragua ranks 49th of 192 countries.

Across the 4 decades both report, Cyprus averaged higher in 3 and Nicaragua in 1.

Head to head by decade

Decade Cyprus Nicaragua Difference Ahead
1990s 24.4% 13.7% 10.7% Cyprus
2000s 33.8% 16.7% 17.1% Cyprus
2010s 23.6% 22.2% 1.5% Cyprus
2020s 22.6% 26.7% 4.1% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp, Cyprus or Nicaragua?
Cyprus, at 28.2% against 27.8% in Nicaragua as of 2023.
What is the difference in tax revenue as share of gdp between Cyprus and Nicaragua?
0.4%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Nicaragua?
26 years are reported by both, from 1997 to 2022.
How do Cyprus and Nicaragua rank globally for tax revenue as share of gdp?
Cyprus ranks 46th and Nicaragua ranks 49th of 192 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Tax revenue as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Nicaragua: Tax revenue as share of GDP. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/tax-revenues-as-a-share-of-gdp-unsdg/cyprus/nicaragua/

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About this data

Indicator
Tax revenue as share of GDP
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
192 places, 6,348 data points, 1980–2023
Last refreshed

Direct and indirect taxes as well as social contributions included.