Taxes less subsidies on products (current US$), per unit of GDP (unit) in Cyprus
Cyprus: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.1089 current US$ per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current US$), per unit of GDP in Cyprus, 1995–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, taxes less subsidies on products (current us$), per unit of gdp in Cyprus stood at 0.1089 current US$ per US$ of GDP.
The figure is down 3.0% on the previous year and down 12.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Cyprus peaked at 0.1368 current US$ per US$ of GDP in 2007 and was at its lowest, 0.0713 current US$ per US$ of GDP, in 1998.
That places Cyprus 62nd out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Cyprus, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0873 current US$ per US$ of GDP | — |
| 1996 | 0.083 current US$ per US$ of GDP | -5.0% |
| 1997 | 0.0776 current US$ per US$ of GDP | -6.4% |
| 1998 | 0.0713 current US$ per US$ of GDP | -8.1% |
| 1999 | 0.0738 current US$ per US$ of GDP | +3.5% |
| 2000 | 0.0888 current US$ per US$ of GDP | +20.4% |
| 2001 | 0.0941 current US$ per US$ of GDP | +5.9% |
| 2002 | 0.0988 current US$ per US$ of GDP | +5.0% |
| 2003 | 0.1128 current US$ per US$ of GDP | +14.2% |
| 2004 | 0.1203 current US$ per US$ of GDP | +6.6% |
| 2005 | 0.1263 current US$ per US$ of GDP | +5.1% |
| 2006 | 0.129 current US$ per US$ of GDP | +2.1% |
| 2007 | 0.1368 current US$ per US$ of GDP | +6.0% |
| 2008 | 0.1364 current US$ per US$ of GDP | -0.3% |
| 2009 | 0.1208 current US$ per US$ of GDP | -11.4% |
| 2010 | 0.1182 current US$ per US$ of GDP | -2.1% |
| 2011 | 0.1112 current US$ per US$ of GDP | -5.9% |
| 2012 | 0.1129 current US$ per US$ of GDP | +1.5% |
| 2013 | 0.111 current US$ per US$ of GDP | -1.7% |
| 2014 | 0.1235 current US$ per US$ of GDP | +11.3% |
| 2015 | 0.1242 current US$ per US$ of GDP | +0.6% |
| 2016 | 0.1245 current US$ per US$ of GDP | +0.2% |
| 2017 | 0.1266 current US$ per US$ of GDP | +1.7% |
| 2018 | 0.1276 current US$ per US$ of GDP | +0.8% |
| 2019 | 0.1218 current US$ per US$ of GDP | -4.6% |
| 2020 | 0.1079 current US$ per US$ of GDP | -11.4% |
| 2021 | 0.1123 current US$ per US$ of GDP | +4.0% |
| 2022 | 0.1128 current US$ per US$ of GDP | +0.5% |
| 2023 | 0.1129 current US$ per US$ of GDP | +0.1% |
| 2024 | 0.1123 current US$ per US$ of GDP | -0.5% |
| 2025 | 0.1089 current US$ per US$ of GDP | -3.0% |
Cyprus compared with similar countries
- Cyprus's 0.1089 current US$ per US$ of GDP is above the median for high income countries, which is 0.0948 current US$ per US$ of GDP, 1.1× the median. (74 countries reporting)
- Cyprus's 0.1089 current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.1078 current US$ per US$ of GDP, 1.0× the median. (55 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0786 current US$ per US$ of GDP | 0.0713 current US$ per US$ of GDP | 0.0873 current US$ per US$ of GDP | 5 |
| 2000s | 0.1164 current US$ per US$ of GDP | 0.0888 current US$ per US$ of GDP | 0.1368 current US$ per US$ of GDP | 10 |
| 2010s | 0.1202 current US$ per US$ of GDP | 0.111 current US$ per US$ of GDP | 0.1276 current US$ per US$ of GDP | 10 |
| 2020s | 0.1112 current US$ per US$ of GDP | 0.1079 current US$ per US$ of GDP | 0.1129 current US$ per US$ of GDP | 6 |
Countries ranked near Cyprus
- 59 Denmark 0.1133 current US$ per US$ of GDP compare
- 60 Nicaragua 0.1107 current US$ per US$ of GDP compare
- 61 France 0.1097 current US$ per US$ of GDP compare
- 63 Lithuania 0.1078 current US$ per US$ of GDP compare
- 64 Italy 0.1078 current US$ per US$ of GDP compare
- 65 Austria 0.1071 current US$ per US$ of GDP compare
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Cyprus?
- Taxes less subsidies on products (current us$), per unit of gdp in Cyprus was 0.1089 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Cyprus?
- The highest recorded value was 0.1368 current US$ per US$ of GDP in 2007.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Cyprus?
- The lowest recorded value was 0.0713 current US$ per US$ of GDP in 1998.
- How does Cyprus rank for taxes less subsidies on products (current us$), per unit of gdp?
- Cyprus ranks 62nd out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Cyprus?
- Over the last ten years it is down 12.3%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.