Annual growth of general government final consumption expenditure in Cyprus
Cyprus: Annual growth of general government final consumption expenditure was 2.17 in 2023. ◆ Volatile
Latest (2023)
2.17
Change on year
down 52.6%
World rank
78th
of 167 countries
All-time high
10.99
in 2019
All-time low
-7.27
in 2014
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Cyprus, 2000–2023
Source: Our World in Data.
Analysis
Cyprus recorded 2.17 for annual growth of general government final consumption expenditure in 2023.
That represents a change of down 52.6% on the previous year and up 144.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Cyprus peaked at 10.99 in 2019 and was at its lowest, -7.27, in 2014.
Cyprus ranks 78th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -2.99 | — |
| 2001 | 7.66 | -356.2% |
| 2002 | 5.08 | -33.7% |
| 2003 | 7.72 | +52.0% |
| 2004 | -1.54 | -119.9% |
| 2005 | 2.54 | -264.9% |
| 2006 | 7.46 | +193.7% |
| 2007 | 3.55 | -52.4% |
| 2008 | 6.29 | +77.2% |
| 2009 | 6.26 | -0.5% |
| 2010 | 0.32 | -94.9% |
| 2011 | 1.8 | +462.5% |
| 2012 | -2.31 | -228.3% |
| 2013 | -4.84 | +109.5% |
| 2014 | -7.27 | +50.2% |
| 2015 | 1.35 | -118.6% |
| 2016 | 0.36 | -73.3% |
| 2017 | 1.57 | +336.1% |
| 2018 | 3.66 | +133.1% |
| 2019 | 10.99 | +200.3% |
| 2020 | 10.94 | -0.5% |
| 2021 | 7.52 | -31.3% |
| 2022 | 4.58 | -39.1% |
| 2023 | 2.17 | -52.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2 | -2.99 | 7.72 | 10 |
| 2010s | 0.563 | -7.27 | 10.99 | 10 |
| 2020s | 6.3 | 2.17 | 10.94 | 4 |
Countries ranked near Cyprus
- 75 Bermuda 2.22 compare
- 76 Azerbaijan 2.2 compare
- 76 Iceland 2.2 compare
- 79 Bosnia and Herzegovina 2.12 compare
- 80 Mexico 2.11 compare
- 81 New Zealand 2.04 compare
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0439 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 1,321 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.0389 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 1,169 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0352 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 1,060 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 961.96 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 9.66 % change on previous year (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Cyprus?
- Annual growth of general government final consumption expenditure in Cyprus was 2.17 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Cyprus?
- The highest recorded value was 10.99 in 2019.
- What is the lowest annual growth of general government final consumption expenditure recorded in Cyprus?
- The lowest recorded value was -7.27 in 2014.
- How does Cyprus rank for annual growth of general government final consumption expenditure?
- Cyprus ranks 78th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Cyprus?
- Over the last ten years it is up 144.8%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).