Africa's Development Dynamics (AfDD) Table 16 - Public finances in Cyprus
Cyprus: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 41.85 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Cyprus, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Cyprus stood at 41.85 Percentage of GDP.
The figure is up 0.5% on the previous year and up 9.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Cyprus peaked at 44.23 Percentage of GDP in 2020 and was at its lowest, 34.97 Percentage of GDP, in 2000.
Cyprus ranks 32nd of 166 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Cyprus, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 34.97 Percentage of GDP | — |
| 2001 | 35.72 Percentage of GDP | +2.1% |
| 2002 | 37.42 Percentage of GDP | +4.8% |
| 2003 | 40.39 Percentage of GDP | +7.9% |
| 2004 | 38.64 Percentage of GDP | -4.3% |
| 2005 | 39.69 Percentage of GDP | +2.7% |
| 2006 | 39.13 Percentage of GDP | -1.4% |
| 2007 | 37.56 Percentage of GDP | -4.0% |
| 2008 | 38.22 Percentage of GDP | +1.7% |
| 2009 | 41.89 Percentage of GDP | +9.6% |
| 2010 | 41.7 Percentage of GDP | -0.5% |
| 2011 | 42.08 Percentage of GDP | +0.9% |
| 2012 | 41.89 Percentage of GDP | -0.4% |
| 2013 | 42.1 Percentage of GDP | +0.5% |
| 2014 | 40.32 Percentage of GDP | -4.2% |
| 2015 | 39.46 Percentage of GDP | -2.1% |
| 2016 | 37.29 Percentage of GDP | -5.5% |
| 2017 | 36.41 Percentage of GDP | -2.3% |
| 2018 | 42.61 Percentage of GDP | +17.0% |
| 2019 | 38.13 Percentage of GDP | -10.5% |
| 2020 | 44.23 Percentage of GDP | +16.0% |
| 2021 | 41.89 Percentage of GDP | -5.3% |
| 2022 | 38.81 Percentage of GDP | -7.4% |
| 2023 | 39.95 Percentage of GDP | +2.9% |
| 2024 | 40.93 Percentage of GDP | +2.5% |
| 2025 | 40.97 Percentage of GDP | +0.1% |
| 2026 | 40.97 Percentage of GDP | +0.0% |
| 2027 | 41.26 Percentage of GDP | +0.7% |
| 2028 | 41.66 Percentage of GDP | +1.0% |
| 2029 | 41.85 Percentage of GDP | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.36 Percentage of GDP | 34.97 Percentage of GDP | 41.89 Percentage of GDP | 10 |
| 2010s | 40.2 Percentage of GDP | 36.41 Percentage of GDP | 42.61 Percentage of GDP | 10 |
| 2020s | 41.25 Percentage of GDP | 38.81 Percentage of GDP | 44.23 Percentage of GDP | 10 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Services, value added (constant LCU), per capita 17,078 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 1.11 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 9.96 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8911 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 26,800 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.33 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7886 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 23,717 current LCU per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Cyprus?
- Africa's development dynamics (afdd) table 16 - public finances in Cyprus was 41.85 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Cyprus?
- The highest recorded value was 44.23 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Cyprus?
- The lowest recorded value was 34.97 Percentage of GDP in 2000.
- How does Cyprus rank for africa's development dynamics (afdd) table 16 - public finances?
- Cyprus ranks 32nd out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Cyprus?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.