Taxes less subsidies on products (current US$), annual growth rate in Cyprus
Cyprus: Taxes less subsidies on products (current US$), annual growth rate was 6.22 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Cyprus, 1996–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cyprus recorded 6.22 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2025.
The figure is down 7.9% on the previous year and up 145.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Cyprus peaked at 45.44 % change on previous year in 2003 and was at its lowest, -17.49 % change on previous year, in 2009.
That places Cyprus 127th out of 197 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Cyprus, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | -4.28 % change on previous year | — |
| 1997 | -10.78 % change on previous year | +151.7% |
| 1998 | -1.4 % change on previous year | -87.0% |
| 1999 | 6.04 % change on previous year | -530.5% |
| 2000 | 14.53 % change on previous year | +140.6% |
| 2001 | 10.28 % change on previous year | -29.2% |
| 2002 | 15.3 % change on previous year | +48.7% |
| 2003 | 45.44 % change on previous year | +197.0% |
| 2004 | 26.95 % change on previous year | -40.7% |
| 2005 | 11.8 % change on previous year | -56.2% |
| 2006 | 11.2 % change on previous year | -5.1% |
| 2007 | 26.62 % change on previous year | +137.7% |
| 2008 | 16.31 % change on previous year | -38.7% |
| 2009 | -17.49 % change on previous year | -207.2% |
| 2010 | -3.07 % change on previous year | -82.5% |
| 2011 | 0.8108 % change on previous year | -126.4% |
| 2012 | -8.01 % change on previous year | -1087.9% |
| 2013 | -5.97 % change on previous year | -25.5% |
| 2014 | 7.89 % change on previous year | -232.2% |
| 2015 | -13.8 % change on previous year | -274.9% |
| 2016 | 5.94 % change on previous year | -143.1% |
| 2017 | 10.88 % change on previous year | +83.1% |
| 2018 | 13.12 % change on previous year | +20.6% |
| 2019 | -2.94 % change on previous year | -122.4% |
| 2020 | -13.53 % change on previous year | +359.4% |
| 2021 | 23.63 % change on previous year | -274.6% |
| 2022 | 3.29 % change on previous year | -86.1% |
| 2023 | 12.42 % change on previous year | +277.6% |
| 2024 | 6.75 % change on previous year | -45.7% |
| 2025 | 6.22 % change on previous year | -7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.61 % change on previous year | -10.78 % change on previous year | 6.04 % change on previous year | 4 |
| 2000s | 16.09 % change on previous year | -17.49 % change on previous year | 45.44 % change on previous year | 10 |
| 2010s | 0.4851 % change on previous year | -13.8 % change on previous year | 13.12 % change on previous year | 10 |
| 2020s | 6.46 % change on previous year | -13.53 % change on previous year | 23.63 % change on previous year | 6 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate -4.63 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1506 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,529 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 7.83 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.9192 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 27,646 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 3.29 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.8135 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Cyprus?
- Taxes less subsidies on products (current us$), annual growth rate in Cyprus was 6.22 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Cyprus?
- The highest recorded value was 45.44 % change on previous year in 2003.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Cyprus?
- The lowest recorded value was -17.49 % change on previous year in 2009.
- How does Cyprus rank for taxes less subsidies on products (current us$), annual growth rate?
- Cyprus ranks 127th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Cyprus?
- Over the last ten years it is up 145.1%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.