Total Expenditure (general government) — Value US$, 2015 prices in Cyprus
Cyprus: Total Expenditure (general government) — Value US$, 2015 prices was 12,401 million USD in 2024. ▲ Rising
Total Expenditure (general government) — Value US$, 2015 prices in Cyprus, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (general government) — value us$, 2015 prices in Cyprus stood at 12,401 million USD.
Compared with earlier readings it is down 1.3% on the previous year and up 31.1% over ten years.
Over the whole period, total expenditure (general government) — value us$, 2015 prices in Cyprus peaked at 12,562 million USD in 2023 and was at its lowest, 5,581 million USD, in 2001.
Cyprus ranks 72nd of 114 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (general government) — Value US$, 2015 prices in Cyprus, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 5,581 million USD | — |
| 2002 | 6,053 million USD | +8.4% |
| 2003 | 6,915 million USD | +14.2% |
| 2004 | 6,888 million USD | -0.4% |
| 2005 | 7,291 million USD | +5.9% |
| 2006 | 7,509 million USD | +3.0% |
| 2007 | 7,757 million USD | +3.3% |
| 2008 | 8,252 million USD | +6.4% |
| 2009 | 8,862 million USD | +7.4% |
| 2010 | 8,975 million USD | +1.3% |
| 2011 | 9,093 million USD | +1.3% |
| 2012 | 8,770 million USD | -3.6% |
| 2013 | 8,251 million USD | -5.9% |
| 2014 | 9,461 million USD | +14.7% |
| 2015 | 8,036 million USD | -15.1% |
| 2016 | 7,911 million USD | -1.5% |
| 2017 | 8,170 million USD | +3.3% |
| 2018 | 10,099 million USD | +23.6% |
| 2019 | 9,623 million USD | -4.7% |
| 2020 | 11,225 million USD | +16.6% |
| 2021 | 11,602 million USD | +3.4% |
| 2022 | 11,086 million USD | -4.5% |
| 2023 | 12,562 million USD | +13.3% |
| 2024 | 12,401 million USD | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,234 million USD | 5,581 million USD | 8,862 million USD | 9 |
| 2010s | 8,839 million USD | 7,911 million USD | 10,099 million USD | 10 |
| 2020s | 11,775 million USD | 11,086 million USD | 12,562 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)
- Net primary income (Net income from abroad) (current LCU), annual -8.14 % change on previous year (2025)
- 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)
Frequently asked questions
- What is total expenditure (general government) — value us$, 2015 prices in Cyprus?
- Total expenditure (general government) — value us$, 2015 prices in Cyprus was 12,401 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (general government) — value us$, 2015 prices recorded in Cyprus?
- The highest recorded value was 12,562 million USD in 2023.
- What is the lowest total expenditure (general government) — value us$, 2015 prices recorded in Cyprus?
- The lowest recorded value was 5,581 million USD in 2001.
- How does Cyprus rank for total expenditure (general government) — value us$, 2015 prices?
- Cyprus ranks 72nd out of 114 countries with data for 2024.
- Is total expenditure (general government) — value us$, 2015 prices rising or falling in Cyprus?
- Over the last ten years it is up 31.1%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.