Taxes less subsidies on products (constant LCU), per unit of GDP in Cyprus
Cyprus: Taxes less subsidies on products (constant LCU), per unit of GDP was 0.0907 constant LCU per US$ of GDP in 2025. ▼ Falling
Taxes less subsidies on products (constant LCU), per unit of GDP in Cyprus, 1995–2025
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in Cyprus is 0.0907 constant LCU per US$ of GDP, measured in 2025.
That represents a change of down 5.3% on the previous year and down 21.3% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in Cyprus peaked at 0.1779 constant LCU per US$ of GDP in 2000 and was at its lowest, 0.0883 constant LCU per US$ of GDP, in 2008.
Cyprus ranks 137th of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes less subsidies on products (constant LCU), per unit of GDP in Cyprus, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.1458 constant LCU per US$ of GDP | — |
| 1996 | 0.1464 constant LCU per US$ of GDP | +0.5% |
| 1997 | 0.1576 constant LCU per US$ of GDP | +7.6% |
| 1998 | 0.1558 constant LCU per US$ of GDP | -1.1% |
| 1999 | 0.1597 constant LCU per US$ of GDP | +2.5% |
| 2000 | 0.1779 constant LCU per US$ of GDP | +11.4% |
| 2001 | 0.1776 constant LCU per US$ of GDP | -0.2% |
| 2002 | 0.1677 constant LCU per US$ of GDP | -5.6% |
| 2003 | 0.1351 constant LCU per US$ of GDP | -19.4% |
| 2004 | 0.1192 constant LCU per US$ of GDP | -11.8% |
| 2005 | 0.1174 constant LCU per US$ of GDP | -1.5% |
| 2006 | 0.1129 constant LCU per US$ of GDP | -3.8% |
| 2007 | 0.0994 constant LCU per US$ of GDP | -12.0% |
| 2008 | 0.0883 constant LCU per US$ of GDP | -11.1% |
| 2009 | 0.0929 constant LCU per US$ of GDP | +5.2% |
| 2010 | 0.0957 constant LCU per US$ of GDP | +3.0% |
| 2011 | 0.0897 constant LCU per US$ of GDP | -6.3% |
| 2012 | 0.0955 constant LCU per US$ of GDP | +6.6% |
| 2013 | 0.0933 constant LCU per US$ of GDP | -2.3% |
| 2014 | 0.0945 constant LCU per US$ of GDP | +1.3% |
| 2015 | 0.1153 constant LCU per US$ of GDP | +22.0% |
| 2016 | 0.1162 constant LCU per US$ of GDP | +0.8% |
| 2017 | 0.1126 constant LCU per US$ of GDP | -3.1% |
| 2018 | 0.1058 constant LCU per US$ of GDP | -6.0% |
| 2019 | 0.1088 constant LCU per US$ of GDP | +2.8% |
| 2020 | 0.1072 constant LCU per US$ of GDP | -1.4% |
| 2021 | 0.1006 constant LCU per US$ of GDP | -6.2% |
| 2022 | 0.1072 constant LCU per US$ of GDP | +6.6% |
| 2023 | 0.0989 constant LCU per US$ of GDP | -7.8% |
| 2024 | 0.0958 constant LCU per US$ of GDP | -3.1% |
| 2025 | 0.0907 constant LCU per US$ of GDP | -5.3% |
Cyprus compared with similar countries
- Cyprus's 0.0907 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 1.0× the median. (66 countries reporting)
- Cyprus's 0.0907 constant LCU per US$ of GDP is below the median for Europe & Central Asia, which is 0.0947 constant LCU per US$ of GDP, 96% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1531 constant LCU per US$ of GDP | 0.1458 constant LCU per US$ of GDP | 0.1597 constant LCU per US$ of GDP | 5 |
| 2000s | 0.1289 constant LCU per US$ of GDP | 0.0883 constant LCU per US$ of GDP | 0.1779 constant LCU per US$ of GDP | 10 |
| 2010s | 0.1027 constant LCU per US$ of GDP | 0.0897 constant LCU per US$ of GDP | 0.1162 constant LCU per US$ of GDP | 10 |
| 2020s | 0.1001 constant LCU per US$ of GDP | 0.0907 constant LCU per US$ of GDP | 0.1072 constant LCU per US$ of GDP | 6 |
Countries ranked near Cyprus
- 134 Portugal 0.0944 constant LCU per US$ of GDP compare
- 135 Bahamas 0.094 constant LCU per US$ of GDP compare
- 136 El Salvador 0.0925 constant LCU per US$ of GDP compare
- 138 Palau 0.0876 constant LCU per US$ of GDP compare
- 139 Latvia 0.0854 constant LCU per US$ of GDP compare
- 140 Slovenia 0.0837 constant LCU per US$ of GDP 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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per unit of gdp in Cyprus?
- Taxes less subsidies on products (constant lcu), per unit of gdp in Cyprus was 0.0907 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Cyprus?
- The highest recorded value was 0.1779 constant LCU per US$ of GDP in 2000.
- What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in Cyprus?
- The lowest recorded value was 0.0883 constant LCU per US$ of GDP in 2008.
- How does Cyprus rank for taxes less subsidies on products (constant lcu), per unit of gdp?
- Cyprus ranks 137th out of 189 countries with data for 2025.
- Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in Cyprus?
- Over the last ten years it is down 21.3%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.