Government Spending in Cyprus increased to 798.80 EUR Million in the third quarter of 2018 from 791.60 EUR Million in the second quarter of 2018. Government Spending in Cyprus averaged 614.67 EUR Million from 1995 until 2018, reaching an all time high of 866.60 EUR Million in the fourth quarter of 2009 and a record low of 357.30 EUR Million in the first quarter of 1995.

Government Spending in Cyprus is expected to be 689.31 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Cyprus to stand at 821.68 in 12 months time. In the long-term, the Cyprus Government Spending is projected to trend around 737.69 EUR Million in 2020, according to our econometric models.

Cyprus Government Spending
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Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 97.50 106.60 107.50 44.70 percent [+]
Government Budget 1.80 0.30 3.20 -9.00 percent of GDP [+]
Government Budget Value -18.70 345.60 398.10 -1522.40 EUR Million [+]
Government Spending 798.80 791.60 866.60 357.30 EUR Million [+]
Government Spending to GDP 38.10 38.60 48.80 30.90 percent [+]
Government Revenues 1774.50 1853.90 2221.20 461.60 EUR Million [+]
Fiscal Expenditure 1793.20 1556.60 3097.40 475.10 EUR Million [+]
Military Expenditure 386.00 316.93 902.22 78.29 USD Million [+]
Credit Rating 36.25 [+]
Asylum Applications 500.00 395.00 635.00 65.00 persons [+]


Cyprus Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Cyprus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
798.80 791.60 866.60 357.30 1995 - 2018 EUR Million Quarterly
Constant Prices 2005, SA




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Argentina 97236.00 Jun/18
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Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
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Germany 142.29 Sep/18
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Spain 56107.00 Sep/18
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Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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