Government spending in Cyprus was last recorded at 39.5 percent of GDP in 2019 .

Government Spending to GDP in Cyprus averaged 38.58 percent from 1995 until 2019, reaching an all time high of 49.40 percent in 2014 and a record low of 30.90 percent in 1995. This page provides the latest reported value for - Cyprus Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Government Spending to GDP - values, historical data and charts - was last updated on September of 2020.

Government Spending to GDP in Cyprus is expected to reach 50.00 percent by the end of 2020, 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 46.20 percent in 2021 and 42.00 percent in 2022, according to our econometric models.

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Cyprus Government Spending to GDP

Actual Previous Highest Lowest Dates Unit Frequency
39.50 43.40 49.40 30.90 1995 - 2019 percent Yearly

Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 95.50 100.60 109.20 45.60 percent [+]
Government Budget 1.70 -3.70 3.20 -8.70 percent of GDP [+]
Government Budget Value -277.40 417.30 417.30 -1522.40 EUR Million [+]
Government Spending 1071.40 1023.70 1071.40 414.40 EUR Million [+]
Government Spending to GDP 39.50 43.40 49.40 30.90 percent [+]
Government Revenues 1415.80 2082.60 2534.90 461.80 EUR Million [+]
Fiscal Expenditure 2374.50 1918.40 3445.80 475.10 EUR Million [+]
Military Expenditure 360.00 357.00 918.00 79.60 USD Million [+]
Credit Rating 50.00 [+]
Asylum Applications 790.00 1285.00 1340.00 65.00 persons [+]