Cyprus recorded a government budget deficit of 18.70 EUR Million in the second quarter of 2018. Government Budget Value in Cyprus averaged -100.66 EUR Million from 1995 until 2018, reaching an all time high of 398.10 EUR Million in the third quarter of 2017 and a record low of -1522.40 EUR Million in the first quarter of 2014.
Government Budget Value in Cyprus is expected to be 159.01 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Cyprus to stand at 416.24 in 12 months time. In the long-term, the Cyprus Government Budget Value is projected to trend around 352.31 EUR Million in 2020, according to our econometric models.