Government spending vs. GDP in Cyprus
Cyprus: Government spending vs. GDP was 5.27 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
5.27 billion constant 2015 US$
Change on year
up 2.0%
World rank
93rd
of 166 countries
All-time high
5.27 billion constant 2015 US$
in 2025
All-time low
626.64 million constant 2015 US$
in 1975
Years of data
51
1975–2025
Government spending vs. GDP in Cyprus, 1975–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
Cyprus recorded 5.27 billion constant 2015 US$ for government spending vs. gdp in 2025. That is the highest value across all 51 years on record.
The figure is up 2.0% on the previous year and up 59.4% over ten years.
Over the whole period, government spending vs. gdp in Cyprus peaked at 5.27 billion constant 2015 US$ in 2025 and was at its lowest, 626.64 million constant 2015 US$, in 1975.
That places Cyprus 93rd out of 166 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 626.64 million constant 2015 US$ | — |
| 1976 | 726.71 million constant 2015 US$ | +16.0% |
| 1977 | 734.79 million constant 2015 US$ | +1.1% |
| 1978 | 727.72 million constant 2015 US$ | -1.0% |
| 1979 | 759.55 million constant 2015 US$ | +4.4% |
| 1980 | 824.24 million constant 2015 US$ | +8.5% |
| 1981 | 885.39 million constant 2015 US$ | +7.4% |
| 1982 | 920.26 million constant 2015 US$ | +3.9% |
| 1983 | 977.36 million constant 2015 US$ | +6.2% |
| 1984 | 1.01 billion constant 2015 US$ | +3.8% |
| 1985 | 1.05 billion constant 2015 US$ | +3.8% |
| 1986 | 1.09 billion constant 2015 US$ | +3.6% |
| 1987 | 1.40 billion constant 2015 US$ | +28.0% |
| 1988 | 1.52 billion constant 2015 US$ | +8.5% |
| 1989 | 1.56 billion constant 2015 US$ | +3.1% |
| 1990 | 1.83 billion constant 2015 US$ | +17.2% |
| 1991 | 1.88 billion constant 2015 US$ | +2.9% |
| 1992 | 2.15 billion constant 2015 US$ | +13.9% |
| 1993 | 1.84 billion constant 2015 US$ | -14.4% |
| 1994 | 1.92 billion constant 2015 US$ | +4.4% |
| 1995 | 1.74 billion constant 2015 US$ | -9.2% |
| 1996 | 1.87 billion constant 2015 US$ | +7.2% |
| 1997 | 2.07 billion constant 2015 US$ | +11.0% |
| 1998 | 2.37 billion constant 2015 US$ | +14.5% |
| 1999 | 2.47 billion constant 2015 US$ | +4.1% |
| 2000 | 2.40 billion constant 2015 US$ | -3.0% |
| 2001 | 2.58 billion constant 2015 US$ | +7.7% |
| 2002 | 2.71 billion constant 2015 US$ | +5.1% |
| 2003 | 2.92 billion constant 2015 US$ | +7.7% |
| 2004 | 2.88 billion constant 2015 US$ | -1.5% |
| 2005 | 2.95 billion constant 2015 US$ | +2.5% |
| 2006 | 3.17 billion constant 2015 US$ | +7.5% |
| 2007 | 3.28 billion constant 2015 US$ | +3.5% |
| 2008 | 3.49 billion constant 2015 US$ | +6.3% |
| 2009 | 3.71 billion constant 2015 US$ | +6.3% |
| 2010 | 3.72 billion constant 2015 US$ | +0.3% |
| 2011 | 3.78 billion constant 2015 US$ | +1.8% |
| 2012 | 3.70 billion constant 2015 US$ | -2.3% |
| 2013 | 3.52 billion constant 2015 US$ | -4.8% |
| 2014 | 3.26 billion constant 2015 US$ | -7.3% |
| 2015 | 3.31 billion constant 2015 US$ | +1.3% |
| 2016 | 3.32 billion constant 2015 US$ | +0.4% |
| 2017 | 3.37 billion constant 2015 US$ | +1.6% |
| 2018 | 3.50 billion constant 2015 US$ | +3.7% |
| 2019 | 3.88 billion constant 2015 US$ | +11.0% |
| 2020 | 4.30 billion constant 2015 US$ | +11.0% |
| 2021 | 4.69 billion constant 2015 US$ | +8.9% |
| 2022 | 4.94 billion constant 2015 US$ | +5.5% |
| 2023 | 5.08 billion constant 2015 US$ | +2.9% |
| 2024 | 5.17 billion constant 2015 US$ | +1.6% |
| 2025 | 5.27 billion constant 2015 US$ | +2.0% |
Cyprus compared with similar countries
- Cyprus's 5.27 billion constant 2015 US$ is below the median for high income countries, which is 41.36 billion constant 2015 US$, 13% of the median. (60 countries reporting)
- Cyprus's 5.27 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 20.68 billion constant 2015 US$, 25% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 715.08 million constant 2015 US$ | 626.64 million constant 2015 US$ | 759.55 million constant 2015 US$ | 5 |
| 1980s | 1.12 billion constant 2015 US$ | 824.24 million constant 2015 US$ | 1.56 billion constant 2015 US$ | 10 |
| 1990s | 2.01 billion constant 2015 US$ | 1.74 billion constant 2015 US$ | 2.47 billion constant 2015 US$ | 10 |
| 2000s | 3.01 billion constant 2015 US$ | 2.40 billion constant 2015 US$ | 3.71 billion constant 2015 US$ | 10 |
| 2010s | 3.54 billion constant 2015 US$ | 3.26 billion constant 2015 US$ | 3.88 billion constant 2015 US$ | 10 |
| 2020s | 4.91 billion constant 2015 US$ | 4.30 billion constant 2015 US$ | 5.27 billion constant 2015 US$ | 6 |
Countries ranked near Cyprus
- 90 Iceland 5.47 billion constant 2015 US$ compare
- 91 Estonia 5.46 billion constant 2015 US$ compare
- 92 Ethiopia 5.43 billion constant 2015 US$ compare
- 94 Paraguay 5.25 billion constant 2015 US$ compare
- 95 Macao 5.14 billion constant 2015 US$ compare
- 96 Cameroon 5.05 billion constant 2015 US$ 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)
- 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is government spending vs. gdp in Cyprus?
- Government spending vs. gdp in Cyprus was 5.27 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Cyprus?
- The highest recorded value was 5.27 billion constant 2015 US$ in 2025.
- What is the lowest government spending vs. gdp recorded in Cyprus?
- The lowest recorded value was 626.64 million constant 2015 US$ in 1975.
- How does Cyprus rank for government spending vs. gdp?
- Cyprus ranks 93rd out of 166 countries with data for 2025.
- Is government spending vs. gdp rising or falling in Cyprus?
- Over the last ten years it is up 59.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
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About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.