Annual growth of the general government final consumption expenditure in Cyprus
Cyprus: Annual growth of the general government final consumption expenditure was 1.6% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Cyprus, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Cyprus recorded 1.6% for annual growth of the general government final consumption expenditure in 2024.
The figure is down 54.8% on the previous year and up 122.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Cyprus peaked at 11.0% in 2019 and was at its lowest, -7.3%, in 2014.
Cyprus ranks 99th of 181 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 the general government final consumption expenditure in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -3.0% | — |
| 2001 | 7.7% | -355.7% |
| 2002 | 5.1% | -33.7% |
| 2003 | 7.7% | +52.1% |
| 2004 | -1.5% | -119.9% |
| 2005 | 2.5% | -265.1% |
| 2006 | 7.5% | +194.3% |
| 2007 | 3.5% | -52.5% |
| 2008 | 6.3% | +77.5% |
| 2009 | 6.3% | -0.4% |
| 2010 | 0.3% | -94.8% |
| 2011 | 1.8% | +455.5% |
| 2012 | -2.3% | -228.1% |
| 2013 | -4.8% | +109.4% |
| 2014 | -7.3% | +50.2% |
| 2015 | 1.3% | -118.6% |
| 2016 | 0.4% | -73.1% |
| 2017 | 1.6% | +332.0% |
| 2018 | 3.7% | +135.4% |
| 2019 | 11.0% | +198.0% |
| 2020 | 11.0% | -0.2% |
| 2021 | 8.9% | -19.2% |
| 2022 | 4.7% | -46.5% |
| 2023 | 3.6% | -24.2% |
| 2024 | 1.6% | -54.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | -3.0% | 7.7% | 10 |
| 2010s | 0.6% | -7.3% | 11.0% | 10 |
| 2020s | 6.0% | 1.6% | 11.0% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 8.53 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0242 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 729.18 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1848 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,559 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.36 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1636 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Cyprus?
- Annual growth of the general government final consumption expenditure in Cyprus was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Cyprus?
- The highest recorded value was 11.0% in 2019.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Cyprus?
- The lowest recorded value was -7.3% in 2014.
- How does Cyprus rank for annual growth of the general government final consumption expenditure?
- Cyprus ranks 99th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Cyprus?
- Over the last ten years it is up 122.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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