Revenue from corporate income taxes as a share of GDP in Cyprus
Cyprus: Revenue from corporate income taxes as a share of GDP was 5.7% in 2017. ◆ Volatile
Revenue from corporate income taxes as a share of GDP in Cyprus, 1980–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
In 2017, revenue from corporate income taxes as a share of gdp in Cyprus stood at 5.7%.
That represents a change of down 0.1% on the previous year and down 7.9% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Cyprus peaked at 6.5% in 2013 and was at its lowest, 0.4%, in 1986.
Cyprus ranks 13th of 163 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue from corporate income taxes as a share of GDP in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 0.5% | — |
| 1981 | 0.5% | +15.3% |
| 1982 | 0.5% | -14.5% |
| 1983 | 0.6% | +24.0% |
| 1984 | 0.5% | -7.7% |
| 1985 | 0.5% | -2.6% |
| 1986 | 0.4% | -24.3% |
| 1987 | 0.4% | +7.1% |
| 1988 | 0.6% | +43.1% |
| 1989 | 0.7% | +24.0% |
| 1990 | 1.3% | +75.1% |
| 1991 | 1.2% | -6.1% |
| 1992 | 1.3% | +6.3% |
| 1993 | 1.3% | +2.2% |
| 1994 | 1.6% | +19.3% |
| 1995 | 3.7% | +131.8% |
| 1996 | 4.1% | +11.2% |
| 1997 | 4.1% | -0.7% |
| 1998 | 4.6% | +11.7% |
| 1999 | 5.5% | +21.4% |
| 2000 | 5.8% | +3.9% |
| 2001 | 5.8% | +0.4% |
| 2002 | 5.5% | -4.1% |
| 2003 | 3.9% | -28.9% |
| 2004 | 3.4% | -14.3% |
| 2005 | 4.2% | +24.8% |
| 2006 | 4.9% | +17.1% |
| 2007 | 6.1% | +24.3% |
| 2008 | 6.4% | +4.4% |
| 2009 | 5.9% | -8.4% |
| 2010 | 5.6% | -5.1% |
| 2011 | 6.2% | +11.7% |
| 2012 | 5.7% | -8.2% |
| 2013 | 6.5% | +13.0% |
| 2014 | 6.3% | -2.2% |
| 2015 | 5.9% | -6.7% |
| 2016 | 5.7% | -3.9% |
| 2017 | 5.7% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5% | 0.4% | 0.7% | 10 |
| 1990s | 2.9% | 1.2% | 5.5% | 10 |
| 2000s | 5.2% | 3.4% | 6.4% | 10 |
| 2010s | 5.9% | 5.6% | 6.5% | 8 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 3.7 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 0.5009 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 15,066 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.484 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 14,556 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.68 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7509 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue from corporate income taxes as a share of gdp in Cyprus?
- Revenue from corporate income taxes as a share of gdp in Cyprus was 5.7% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Cyprus?
- The highest recorded value was 6.5% in 2013.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Cyprus?
- The lowest recorded value was 0.4% in 1986.
- How does Cyprus rank for revenue from corporate income taxes as a share of gdp?
- Cyprus ranks 13th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Cyprus?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.