Total Expenditure (general government) — Value Standard Local Currency in Cyprus
Cyprus: Total Expenditure (general government) — Value Standard Local Currency was 13,420 million SLC in 2024. ▲ Rising
Total Expenditure (general government) — Value Standard Local Currency in Cyprus, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Cyprus recorded 13,420 million SLC for total expenditure (general government) — value standard local currency in 2024. That is the highest value across all 24 years on record.
The figure is up 2.2% on the previous year and up 56.2% over ten years.
Over the whole period, total expenditure (general government) — value standard local currency in Cyprus peaked at 13,420 million SLC in 2024 and was at its lowest, 4,010 million SLC, in 2001.
That places Cyprus 97th out of 114 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (general government) — Value Standard Local Currency in Cyprus, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 4,010 million SLC | — |
| 2002 | 4,366 million SLC | +8.9% |
| 2003 | 5,178 million SLC | +18.6% |
| 2004 | 5,318 million SLC | +2.7% |
| 2005 | 5,792 million SLC | +8.9% |
| 2006 | 6,161 million SLC | +6.4% |
| 2007 | 6,550 million SLC | +6.3% |
| 2008 | 7,265 million SLC | +10.9% |
| 2009 | 7,823 million SLC | +7.7% |
| 2010 | 8,071 million SLC | +3.2% |
| 2011 | 8,310 million SLC | +3.0% |
| 2012 | 8,148 million SLC | -1.9% |
| 2013 | 7,595 million SLC | -6.8% |
| 2014 | 8,592 million SLC | +13.1% |
| 2015 | 7,243 million SLC | -15.7% |
| 2016 | 7,090 million SLC | -2.1% |
| 2017 | 7,396 million SLC | +4.3% |
| 2018 | 9,236 million SLC | +24.9% |
| 2019 | 8,919 million SLC | -3.4% |
| 2020 | 10,278 million SLC | +15.2% |
| 2021 | 10,948 million SLC | +6.5% |
| 2022 | 11,160 million SLC | +1.9% |
| 2023 | 13,130 million SLC | +17.7% |
| 2024 | 13,420 million SLC | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,829 million SLC | 4,010 million SLC | 7,823 million SLC | 9 |
| 2010s | 8,060 million SLC | 7,090 million SLC | 9,236 million SLC | 10 |
| 2020s | 11,787 million SLC | 10,278 million SLC | 13,420 million SLC | 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)
- 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)
- GDP (constant LCU), annual growth rate 3.77 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7437 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 22,368 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 12.23 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2491 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total expenditure (general government) — value standard local currency in Cyprus?
- Total expenditure (general government) — value standard local currency in Cyprus was 13,420 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value standard local currency recorded in Cyprus?
- The highest recorded value was 13,420 million SLC in 2024.
- What is the lowest total expenditure (general government) — value standard local currency recorded in Cyprus?
- The lowest recorded value was 4,010 million SLC in 2001.
- How does Cyprus rank for total expenditure (general government) — value standard local currency?
- Cyprus ranks 97th out of 114 countries with data for 2024.
- Is total expenditure (general government) — value standard local currency rising or falling in Cyprus?
- Over the last ten years it is up 56.2%. 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 (general 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.