Cyprus recorded a Government Debt to GDP of 55 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Cyprus averaged 73.62 percent of GDP from 1995 until 2025, reaching an all time high of 113.60 percent of GDP in 2020 and a record low of 47.10 percent of GDP in 2008. source: EUROSTAT

Government Debt to GDP in Cyprus is expected to reach 50.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Debt to GDP is projected to trend around 48.00 percent of GDP in 2027 and 47.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Asylum Applications 140.00 130.00 persons Jan 2026
Credit Rating 71.00 Apr 2026
Fiscal Expenditure 3445.30 3564.60 EUR Million Sep 2025
Government Budget 3.40 4.10 percent of GDP Dec 2025
Government Budget Value 653.60 -101.40 EUR Million Sep 2025
Government Debt to GDP 55.00 62.70 percent of GDP Dec 2025
Government Revenues 4099.00 3463.20 EUR Million Sep 2025
Government Spending 1325.70 1300.00 EUR Million Dec 2025
Government Spending to GDP 40.20 38.30 percent of GDP Dec 2025
Holidays
Military Expenditure 598.20 558.90 USD Million Dec 2024


Cyprus Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
55.00 62.70 113.60 47.10 1995 - 2025 percent of GDP Yearly