Fiscal Expenditure in Cyprus increased to 2563.80 EUR Million in the second quarter of 2021 from 2258.60 EUR Million in the first quarter of 2021. source: Statistical Service of the Republic of Cyprus

Fiscal Expenditure in Cyprus averaged 1555.13 EUR Million from 1995 until 2021, reaching an all time high of 3445.80 EUR Million in the third quarter of 2018 and a record low of 475.10 EUR Million in the first quarter of 1995. This page provides - Cyprus Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Fiscal Expenditure - values, historical data and charts - was last updated on December of 2021.

Fiscal Expenditure in Cyprus is expected to be 1809.71 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Fiscal Expenditure is projected to trend around 1957.93 EUR Million in 2022 and 1910.42 EUR Million in 2023, according to our econometric models.

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Cyprus Fiscal Expenditure

Related Last Previous Unit Reference
Government Budget -5.70 1.50 percent of GDP Dec/20
Government Budget Value -601.70 -187.90 EUR Million Jun/21
Government Spending 1198.40 1154.70 EUR Million Jun/21
Government Revenues 1962.10 2070.70 EUR Million Jun/21
Fiscal Expenditure 2563.80 2258.60 EUR Million Jun/21
Cyprus Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.