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.