Total Expenditure (central government) — Value Standard Local Currency in Cyprus
Cyprus: Total Expenditure (central government) — Value Standard Local Currency was 10,780 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Cyprus, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Cyprus is 10,780 million SLC, measured in 2024.
The figure is down 0.2% on the previous year and up 55.4% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Cyprus peaked at 10,804 million SLC in 2023 and was at its lowest, 3,552 million SLC, in 2001.
Cyprus ranks 143rd of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Cyprus, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 3,552 million SLC | — |
| 2002 | 3,824 million SLC | +7.6% |
| 2003 | 4,533 million SLC | +18.5% |
| 2004 | 4,599 million SLC | +1.5% |
| 2005 | 4,940 million SLC | +7.4% |
| 2006 | 5,243 million SLC | +6.1% |
| 2007 | 5,646 million SLC | +7.7% |
| 2008 | 6,359 million SLC | +12.6% |
| 2009 | 6,640 million SLC | +4.4% |
| 2010 | 6,762 million SLC | +1.8% |
| 2011 | 6,922 million SLC | +2.4% |
| 2012 | 6,633 million SLC | -4.2% |
| 2013 | 5,980 million SLC | -9.8% |
| 2014 | 6,939 million SLC | +16.0% |
| 2015 | 5,575 million SLC | -19.7% |
| 2016 | 5,414 million SLC | -2.9% |
| 2017 | 5,695 million SLC | +5.2% |
| 2018 | 7,624 million SLC | +33.9% |
| 2019 | 7,018 million SLC | -8.0% |
| 2020 | 8,018 million SLC | +14.3% |
| 2021 | 8,535 million SLC | +6.4% |
| 2022 | 8,674 million SLC | +1.6% |
| 2023 | 10,804 million SLC | +24.5% |
| 2024 | 10,780 million SLC | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,037 million SLC | 3,552 million SLC | 6,640 million SLC | 9 |
| 2010s | 6,456 million SLC | 5,414 million SLC | 7,624 million SLC | 10 |
| 2020s | 9,362 million SLC | 8,018 million SLC | 10,804 million SLC | 5 |
Countries ranked near Cyprus
- 140 Latvia 11,537 million SLC compare
- 141 Seychelles 11,264 million SLC compare
- 142 Jordan 11,004 million SLC compare
- 144 El Salvador 9,392 million SLC compare
- 145 Malta 8,562 million SLC compare
- 146 Bosnia and Herzegovina 6,958 million SLC 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)
- GDP (current US$), annual growth rate 9.54 % change on previous year (2025)
- GDP (current US$), per capita 30,075 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.93 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 0.885 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 26,616 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.77 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8024 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 24,132 constant 2015 US$ per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Cyprus?
- Total expenditure (central government) — value standard local currency in Cyprus was 10,780 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Cyprus?
- The highest recorded value was 10,804 million SLC in 2023.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Cyprus?
- The lowest recorded value was 3,552 million SLC in 2001.
- How does Cyprus rank for total expenditure (central government) — value standard local currency?
- Cyprus ranks 143rd out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Cyprus?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.