Gross national expenditure in Cyprus
Cyprus: Gross national expenditure was 96.36 in 2024. ▼ Falling
Latest (2024)
96.36
Change on year
down 1.6%
World rank
44th
of 71 countries
All-time high
124.66
in 1978
All-time low
95.31
in 2021
Years of data
50
1975–2024
Gross national expenditure in Cyprus, 1975–2024
Source: UNICEF.
Analysis
Cyprus recorded 96.36 for gross national expenditure in 2024.
That represents a change of down 1.6% on the previous year and down 2.6% over ten years.
Over the whole period, gross national expenditure in Cyprus peaked at 124.66 in 1978 and was at its lowest, 95.31, in 2021.
That places Cyprus 44th out of 71 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Gross national expenditure in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 121.21 | — |
| 1976 | 118.57 | -2.2% |
| 1977 | 124.6 | +5.1% |
| 1978 | 124.66 | +0.0% |
| 1979 | 119.74 | -3.9% |
| 1980 | 118.35 | -1.2% |
| 1981 | 113.93 | -3.7% |
| 1982 | 112.71 | -1.1% |
| 1983 | 112.61 | -0.1% |
| 1984 | 111.37 | -1.1% |
| 1985 | 108.22 | -2.8% |
| 1986 | 101.2 | -6.5% |
| 1987 | 101.67 | +0.5% |
| 1988 | 104.75 | +3.0% |
| 1989 | 106.39 | +1.6% |
| 1990 | 105.61 | -0.7% |
| 1991 | 110.01 | +4.2% |
| 1992 | 111.18 | +1.1% |
| 1993 | 100.43 | -9.7% |
| 1994 | 100.4 | -0.0% |
| 1995 | 100.86 | +0.5% |
| 1996 | 100.43 | -0.4% |
| 1997 | 101.39 | +1.0% |
| 1998 | 97.51 | -3.8% |
| 1999 | 97.36 | -0.2% |
| 2000 | 97.57 | +0.2% |
| 2001 | 95.43 | -2.2% |
| 2002 | 98.83 | +3.6% |
| 2003 | 98.48 | -0.4% |
| 2004 | 100.12 | +1.7% |
| 2005 | 100.53 | +0.4% |
| 2006 | 102.94 | +2.4% |
| 2007 | 104.76 | +1.8% |
| 2008 | 112.76 | +7.6% |
| 2009 | 105.35 | -6.6% |
| 2010 | 108.23 | +2.7% |
| 2011 | 103.71 | -4.2% |
| 2012 | 101.79 | -1.9% |
| 2013 | 98.33 | -3.4% |
| 2014 | 98.94 | +0.6% |
| 2015 | 97.24 | -1.7% |
| 2016 | 98.05 | +0.8% |
| 2017 | 100.34 | +2.3% |
| 2018 | 98.6 | -1.7% |
| 2019 | 98.99 | +0.4% |
| 2020 | 101.37 | +2.4% |
| 2021 | 95.31 | -6.0% |
| 2022 | 96.42 | +1.2% |
| 2023 | 97.96 | +1.6% |
| 2024 | 96.36 | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 121.75 | 118.57 | 124.66 | 5 |
| 1980s | 109.12 | 101.2 | 118.35 | 10 |
| 1990s | 102.52 | 97.36 | 111.18 | 10 |
| 2000s | 101.68 | 95.43 | 112.76 | 10 |
| 2010s | 100.42 | 97.24 | 108.23 | 10 |
| 2020s | 97.49 | 95.31 | 101.37 | 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)
- Exports of goods and services (current LCU), annual growth rate 5.53 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.8635 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 25,970 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.8463 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 25,452 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 6.8 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2003 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Cyprus?
- Gross national expenditure in Cyprus was 96.36 in 2024, according to UNICEF.
- What is the highest gross national expenditure recorded in Cyprus?
- The highest recorded value was 124.66 in 1978.
- What is the lowest gross national expenditure recorded in Cyprus?
- The lowest recorded value was 95.31 in 2021.
- How does Cyprus rank for gross national expenditure?
- Cyprus ranks 44th out of 71 countries with data for 2024.
- Is gross national expenditure rising or falling in Cyprus?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from UNICEF, published as part of Gross national expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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