Government spending in Cyprus was last recorded at 38.3 percent of GDP in 2024 . Government Spending to GDP in Cyprus averaged 41.08 percent of GDP from 1995 until 2024, reaching an all time high of 54.60 percent of GDP in 2012 and a record low of 32.50 percent of GDP in 1995. source: EUROSTAT
Government Spending to GDP in Cyprus is expected to reach 40.00 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 Spending to GDP is projected to trend around 39.30 percent of GDP in 2027, according to our econometric models.