Name: Cyprus Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Cyprus,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Cyprus recorded a government budget surplus of 239.30 EUR Million in the first quarter of 2022. source: Statistical Service of the Republic of Cyprus

Government Budget Value in Cyprus averaged -109.12 EUR Million from 1995 until 2022, reaching an all time high of 417.30 EUR Million in the third quarter of 2019 and a record low of -1522.40 EUR Million in the first quarter of 2014. This page provides - Cyprus Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in Cyprus is expected to be 352.31 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Budget Value is projected to trend around 352.31 EUR Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget	-1.70	-5.80	percent of GDP	Dec 2021
Government Budget Value	239.30	37.70	EUR Million	Mar 2022
Government Spending	1186.30	1172.90	EUR Million	Mar 2022
Government Revenues	2451.90	3113.50	EUR Million	Mar 2022
Fiscal Expenditure	2212.60	3075.80	EUR Million	Mar 2022

Cyprus Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.