Effective tax rates for expenditure based tax incentives - Corporate in Cyprus
Cyprus: Effective tax rates for expenditure based tax incentives - Corporate was -1.46 Percentage of taxable income in 2025. ◆ Volatile
Effective tax rates for expenditure based tax incentives - Corporate in Cyprus, 2019–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of taxable income.
Analysis
In 2025, effective tax rates for expenditure based tax incentives - corporate in Cyprus stood at -1.46 Percentage of taxable income. That is the lowest value across all 7 years on record.
That places Cyprus 14th out of 50 countries with data for 2025, putting it in the middle of the range.
Effective tax rates for expenditure based tax incentives - Corporate in Cyprus, year by year
| Year | Percentage of taxable income | Change |
|---|---|---|
| 2019 | 0 Percentage of taxable income | — |
| 2020 | 0 Percentage of taxable income | — |
| 2021 | 0 Percentage of taxable income | — |
| 2022 | -1.46 Percentage of taxable income | — |
| 2023 | -1.46 Percentage of taxable income | -0.0% |
| 2024 | -1.46 Percentage of taxable income | -0.0% |
| 2025 | -1.46 Percentage of taxable income | -0.0% |
Cyprus compared with similar countries
- Cyprus's -1.46 Percentage of taxable income is above the median for high income countries, which is -7.82 Percentage of taxable income, 19% of the median. (40 countries reporting)
- Cyprus's -1.46 Percentage of taxable income is above the median for Europe & Central Asia, which is -8.4 Percentage of taxable income, 17% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0 Percentage of taxable income | 0 Percentage of taxable income | 0 Percentage of taxable income | 1 |
| 2020s | -0.9733 Percentage of taxable income | -1.46 Percentage of taxable income | 0 Percentage of taxable income | 6 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is effective tax rates for expenditure based tax incentives - corporate in Cyprus?
- Effective tax rates for expenditure based tax incentives - corporate in Cyprus was -1.46 Percentage of taxable income in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest effective tax rates for expenditure based tax incentives - corporate recorded in Cyprus?
- The highest recorded value was 0 Percentage of taxable income in 2019.
- What is the lowest effective tax rates for expenditure based tax incentives - corporate recorded in Cyprus?
- The lowest recorded value was -1.46 Percentage of taxable income in 2022.
- How does Cyprus rank for effective tax rates for expenditure based tax incentives - corporate?
- Cyprus ranks 14th out of 50 countries with data for 2025.
- Where does this Cyprus data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Effective tax rates for expenditure based tax incentives - Corporate tax statistics — Implicit subsidy (EATR). Statizoid updates them automatically from the source API.
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About this data
This table reports synthetic tax policy indicators that capture the effect of expenditure-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.