Total Expenditure (central government) — Value US$ in Cyprus
Cyprus: Total Expenditure (central government) — Value US$ was 11,668 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$ in Cyprus, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) — value us$ in Cyprus stood at 11,668 million USD.
Compared with earlier readings it is down 0.1% on the previous year and up 26.6% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Cyprus peaked at 11,682 million USD in 2023 and was at its lowest, 3,233 million USD, in 2001.
That places Cyprus 84th out of 173 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$ in Cyprus, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 3,233 million USD | — |
| 2002 | 3,665 million USD | +13.4% |
| 2003 | 5,127 million USD | +39.9% |
| 2004 | 5,744 million USD | +12.0% |
| 2005 | 6,231 million USD | +8.5% |
| 2006 | 6,687 million USD | +7.3% |
| 2007 | 7,755 million USD | +16.0% |
| 2008 | 9,353 million USD | +20.6% |
| 2009 | 9,261 million USD | -1.0% |
| 2010 | 8,964 million USD | -3.2% |
| 2011 | 9,636 million USD | +7.5% |
| 2012 | 8,522 million USD | -11.6% |
| 2013 | 7,943 million USD | -6.8% |
| 2014 | 9,218 million USD | +16.1% |
| 2015 | 6,185 million USD | -32.9% |
| 2016 | 5,993 million USD | -3.1% |
| 2017 | 6,433 million USD | +7.3% |
| 2018 | 9,004 million USD | +40.0% |
| 2019 | 7,856 million USD | -12.7% |
| 2020 | 9,158 million USD | +16.6% |
| 2021 | 10,094 million USD | +10.2% |
| 2022 | 9,135 million USD | -9.5% |
| 2023 | 11,682 million USD | +27.9% |
| 2024 | 11,668 million USD | -0.1% |
Cyprus compared with similar countries
- Cyprus's 11,668 million USD is below the median for high income countries, which is 42,775 million USD, 27% of the median. (56 countries reporting)
- Cyprus's 11,668 million USD is below the median for Europe & Central Asia, which is 31,198 million USD, 37% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,339 million USD | 3,233 million USD | 9,353 million USD | 9 |
| 2010s | 7,975 million USD | 5,993 million USD | 9,636 million USD | 10 |
| 2020s | 10,348 million USD | 9,135 million USD | 11,682 million USD | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Cyprus?
- Total expenditure (central government) — value us$ in Cyprus was 11,668 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Cyprus?
- The highest recorded value was 11,682 million USD in 2023.
- What is the lowest total expenditure (central government) — value us$ recorded in Cyprus?
- The lowest recorded value was 3,233 million USD in 2001.
- How does Cyprus rank for total expenditure (central government) — value us$?
- Cyprus ranks 84th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in Cyprus?
- Over the last ten years it is up 26.6%. 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 US$. 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.