Taxes less subsidies on products (current LCU), per unit of GDP in Cyprus
Cyprus: Taxes less subsidies on products (current LCU), per unit of GDP was 0.0964 current LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Cyprus, 1995–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current lcu), per unit of gdp in Cyprus stood at 0.0964 current LCU per US$ of GDP.
That represents a change of down 7.1% on the previous year and down 13.9% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Cyprus peaked at 0.1125 current LCU per US$ of GDP in 2016 and was at its lowest, 0.063 current LCU per US$ of GDP, in 1998.
Cyprus ranks 157th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP in Cyprus, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0675 current LCU per US$ of GDP | — |
| 1996 | 0.0661 current LCU per US$ of GDP | -2.1% |
| 1997 | 0.0681 current LCU per US$ of GDP | +2.9% |
| 1998 | 0.063 current LCU per US$ of GDP | -7.4% |
| 1999 | 0.0684 current LCU per US$ of GDP | +8.6% |
| 2000 | 0.0943 current LCU per US$ of GDP | +37.8% |
| 2001 | 0.1033 current LCU per US$ of GDP | +9.6% |
| 2002 | 0.1027 current LCU per US$ of GDP | -0.6% |
| 2003 | 0.0996 current LCU per US$ of GDP | -3.1% |
| 2004 | 0.0962 current LCU per US$ of GDP | -3.4% |
| 2005 | 0.1016 current LCU per US$ of GDP | +5.6% |
| 2006 | 0.1028 current LCU per US$ of GDP | +1.2% |
| 2007 | 0.0999 current LCU per US$ of GDP | -2.8% |
| 2008 | 0.0927 current LCU per US$ of GDP | -7.2% |
| 2009 | 0.0866 current LCU per US$ of GDP | -6.6% |
| 2010 | 0.0892 current LCU per US$ of GDP | +3.0% |
| 2011 | 0.0799 current LCU per US$ of GDP | -10.4% |
| 2012 | 0.0879 current LCU per US$ of GDP | +10.0% |
| 2013 | 0.0836 current LCU per US$ of GDP | -4.9% |
| 2014 | 0.093 current LCU per US$ of GDP | +11.3% |
| 2015 | 0.112 current LCU per US$ of GDP | +20.4% |
| 2016 | 0.1125 current LCU per US$ of GDP | +0.5% |
| 2017 | 0.1121 current LCU per US$ of GDP | -0.4% |
| 2018 | 0.1081 current LCU per US$ of GDP | -3.6% |
| 2019 | 0.1088 current LCU per US$ of GDP | +0.7% |
| 2020 | 0.0945 current LCU per US$ of GDP | -13.1% |
| 2021 | 0.0949 current LCU per US$ of GDP | +0.5% |
| 2022 | 0.1071 current LCU per US$ of GDP | +12.9% |
| 2023 | 0.1044 current LCU per US$ of GDP | -2.6% |
| 2024 | 0.1038 current LCU per US$ of GDP | -0.6% |
| 2025 | 0.0964 current LCU per US$ of GDP | -7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0666 current LCU per US$ of GDP | 0.063 current LCU per US$ of GDP | 0.0684 current LCU per US$ of GDP | 5 |
| 2000s | 0.098 current LCU per US$ of GDP | 0.0866 current LCU per US$ of GDP | 0.1033 current LCU per US$ of GDP | 10 |
| 2010s | 0.0987 current LCU per US$ of GDP | 0.0799 current LCU per US$ of GDP | 0.1125 current LCU per US$ of GDP | 10 |
| 2020s | 0.1002 current LCU per US$ of GDP | 0.0945 current LCU per US$ of GDP | 0.1071 current LCU per US$ of GDP | 6 |
Countries ranked near Cyprus
- 154 Slovenia 0.1008 current LCU per US$ of GDP compare
- 155 Australia 0.0989 current LCU per US$ of GDP compare
- 156 France 0.0971 current LCU per US$ of GDP compare
- 158 Lithuania 0.0954 current LCU per US$ of GDP compare
- 159 Italy 0.0954 current LCU per US$ of GDP compare
- 160 Austria 0.0948 current 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)
- Total reserves minus gold (current US$), annual growth rate 8.53 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.0242 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 729.18 current US$ per person (2025)
- General government final consumption expenditure (current US$) 10 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1848 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 5,559 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.36 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 0.1636 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Cyprus?
- Taxes less subsidies on products (current lcu), per unit of gdp in Cyprus was 0.0964 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Cyprus?
- The highest recorded value was 0.1125 current LCU per US$ of GDP in 2016.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Cyprus?
- The lowest recorded value was 0.063 current LCU per US$ of GDP in 1998.
- How does Cyprus rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Cyprus ranks 157th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Cyprus?
- Over the last ten years it is down 13.9%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 31 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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 (current 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.