Gross national expenditure (constant 2015 US$) in Cyprus
Cyprus: Gross national expenditure (constant 2015 US$) was 31.44 billion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
31.44 billion constant 2015 US$
Change on year
up 1.4%
World rank
95th
of 163 countries
All-time high
31.44 billion constant 2015 US$
in 2025
All-time low
3.26 billion constant 2015 US$
in 1975
Years of data
51
1975–2025
Gross national expenditure in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Cyprus stood at 31.44 billion constant 2015 US$. That is the highest value across all 51 years on record.
That represents a change of up 1.4% on the previous year and up 62.4% over ten years.
Over the whole period, gross national expenditure in Cyprus peaked at 31.44 billion constant 2015 US$ in 2025 and was at its lowest, 3.26 billion constant 2015 US$, in 1975.
That places Cyprus 95th out of 163 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Gross national expenditure (constant 2015 US$) in Cyprus, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 3.26 billion constant 2015 US$ | — |
| 1976 | 4.13 billion constant 2015 US$ | +26.7% |
| 1977 | 5.17 billion constant 2015 US$ | +25.3% |
| 1978 | 5.53 billion constant 2015 US$ | +6.9% |
| 1979 | 6.12 billion constant 2015 US$ | +10.7% |
| 1980 | 6.42 billion constant 2015 US$ | +4.9% |
| 1981 | 6.14 billion constant 2015 US$ | -4.3% |
| 1982 | 6.55 billion constant 2015 US$ | +6.6% |
| 1983 | 6.88 billion constant 2015 US$ | +5.2% |
| 1984 | 7.70 billion constant 2015 US$ | +11.8% |
| 1985 | 7.88 billion constant 2015 US$ | +2.3% |
| 1986 | 7.51 billion constant 2015 US$ | -4.7% |
| 1987 | 8.24 billion constant 2015 US$ | +9.8% |
| 1988 | 9.32 billion constant 2015 US$ | +13.1% |
| 1989 | 10.47 billion constant 2015 US$ | +12.3% |
| 1990 | 10.81 billion constant 2015 US$ | +3.3% |
| 1991 | 10.93 billion constant 2015 US$ | +1.1% |
| 1992 | 12.57 billion constant 2015 US$ | +15.0% |
| 1993 | 10.59 billion constant 2015 US$ | -15.7% |
| 1994 | 11.31 billion constant 2015 US$ | +6.8% |
| 1995 | 12.51 billion constant 2015 US$ | +10.6% |
| 1996 | 12.62 billion constant 2015 US$ | +0.9% |
| 1997 | 13.05 billion constant 2015 US$ | +3.4% |
| 1998 | 13.40 billion constant 2015 US$ | +2.7% |
| 1999 | 14.13 billion constant 2015 US$ | +5.4% |
| 2000 | 15.01 billion constant 2015 US$ | +6.3% |
| 2001 | 15.47 billion constant 2015 US$ | +3.0% |
| 2002 | 16.35 billion constant 2015 US$ | +5.7% |
| 2003 | 17.04 billion constant 2015 US$ | +4.2% |
| 2004 | 18.30 billion constant 2015 US$ | +7.4% |
| 2005 | 18.97 billion constant 2015 US$ | +3.7% |
| 2006 | 20.21 billion constant 2015 US$ | +6.5% |
| 2007 | 21.72 billion constant 2015 US$ | +7.5% |
| 2008 | 24.08 billion constant 2015 US$ | +10.8% |
| 2009 | 22.14 billion constant 2015 US$ | -8.0% |
| 2010 | 23.19 billion constant 2015 US$ | +4.8% |
| 2011 | 22.22 billion constant 2015 US$ | -4.2% |
| 2012 | 21.09 billion constant 2015 US$ | -5.1% |
| 2013 | 19.03 billion constant 2015 US$ | -9.8% |
| 2014 | 18.83 billion constant 2015 US$ | -1.0% |
| 2015 | 19.36 billion constant 2015 US$ | +2.8% |
| 2016 | 21.02 billion constant 2015 US$ | +8.6% |
| 2017 | 22.69 billion constant 2015 US$ | +7.9% |
| 2018 | 23.63 billion constant 2015 US$ | +4.2% |
| 2019 | 25.14 billion constant 2015 US$ | +6.4% |
| 2020 | 24.63 billion constant 2015 US$ | -2.0% |
| 2021 | 26.00 billion constant 2015 US$ | +5.6% |
| 2022 | 28.27 billion constant 2015 US$ | +8.7% |
| 2023 | 30.14 billion constant 2015 US$ | +6.6% |
| 2024 | 31.01 billion constant 2015 US$ | +2.9% |
| 2025 | 31.44 billion constant 2015 US$ | +1.4% |
Cyprus compared with similar countries
- Cyprus's 31.44 billion constant 2015 US$ is below the median for high income countries, which is 222.30 billion constant 2015 US$, 14% of the median. (58 countries reporting)
- Cyprus's 31.44 billion constant 2015 US$ is below the median for Europe & Central Asia, which is 101.50 billion constant 2015 US$, 31% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.84 billion constant 2015 US$ | 3.26 billion constant 2015 US$ | 6.12 billion constant 2015 US$ | 5 |
| 1980s | 7.71 billion constant 2015 US$ | 6.14 billion constant 2015 US$ | 10.47 billion constant 2015 US$ | 10 |
| 1990s | 12.19 billion constant 2015 US$ | 10.59 billion constant 2015 US$ | 14.13 billion constant 2015 US$ | 10 |
| 2000s | 18.93 billion constant 2015 US$ | 15.01 billion constant 2015 US$ | 24.08 billion constant 2015 US$ | 10 |
| 2010s | 21.62 billion constant 2015 US$ | 18.83 billion constant 2015 US$ | 25.14 billion constant 2015 US$ | 10 |
| 2020s | 28.58 billion constant 2015 US$ | 24.63 billion constant 2015 US$ | 31.44 billion constant 2015 US$ | 6 |
Countries ranked near Cyprus
- 92 El Salvador 36.52 billion constant 2015 US$ compare
- 93 Latvia 35.22 billion constant 2015 US$ compare
- 94 Senegal 33.80 billion constant 2015 US$ compare
- 96 Venezuela 30.69 billion constant 2015 US$ compare
- 97 Georgia 30.02 billion constant 2015 US$ compare
- 98 Estonia 28.20 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0073 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Cyprus?
- Gross national expenditure in Cyprus was 31.44 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Cyprus?
- The highest recorded value was 31.44 billion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Cyprus?
- The lowest recorded value was 3.26 billion constant 2015 US$ in 1975.
- How does Cyprus rank for gross national expenditure?
- Cyprus ranks 95th out of 163 countries with data for 2025.
- Is gross national expenditure rising or falling in Cyprus?
- Over the last ten years it is up 62.4%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.