Cyprus recorded a Government Budget surplus equal to 1.70 percent of the country's Gross Domestic Product in 2019.
Government Budget in Cyprus averaged -2.80 percent of GDP from 1995 until 2019, reaching an all time high of 3.20 percent of GDP in 2007 and a record low of -8.70 percent of GDP in 2014. This page provides - Cyprus Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Budget - values, historical data and charts - was last updated on August of 2020.
Government Budget in Cyprus is expected to reach -7.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Budget is projected to trend around -8.60 percent of GDP in 2021 and -6.40 percent of GDP in 2022, according to our econometric models.