Taxes on goods and services gdp in Cyprus
Cyprus: Taxes on goods and services gdp was 13.18 in 2023. ▲ Rising
Latest (2023)
13.18
Change on year
up 2.7%
World rank
26th
of 186 countries
All-time high
14.02
in 2007
All-time low
4.29
in 1981
Years of data
44
1980–2023
Taxes on goods and services gdp in Cyprus, 1980–2023
Source: Our World in Data.
Analysis
Cyprus recorded 13.18 for taxes on goods and services gdp in 2023.
The figure is up 2.7% on the previous year and up 7.5% over ten years.
Over the whole period, taxes on goods and services gdp in Cyprus peaked at 14.02 in 2007 and was at its lowest, 4.29, in 1981.
That places Cyprus 26th out of 186 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.73 | 4.29 | 5 | 10 |
| 1990s | 7.16 | 4.59 | 8.51 | 10 |
| 2000s | 12.22 | 9.66 | 14.02 | 10 |
| 2010s | 12.81 | 11.89 | 13.53 | 10 |
| 2020s | 12.47 | 11.73 | 13.18 | 4 |
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)
- Taxes less subsidies on products (current US$), annual growth rate 6.22 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1089 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 3,276 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 1.74 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0964 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 2,899 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 1.59 (2007)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 0.6286 (2007)
Frequently asked questions
- What is taxes on goods and services gdp in Cyprus?
- Taxes on goods and services gdp in Cyprus was 13.18 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Cyprus?
- The highest recorded value was 14.02 in 2007.
- What is the lowest taxes on goods and services gdp recorded in Cyprus?
- The lowest recorded value was 4.29 in 1981.
- How does Cyprus rank for taxes on goods and services gdp?
- Cyprus ranks 26th out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Cyprus?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).