Cyprus: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 1.61 billion Euro as of Q3 2025, a decline compared to the previous value of 1.62 billion Euro. Historically, the average for Cyprus from Q1 1995 to Q3 2025 is 0.78 billion Euro. The minimum of 0.2 billion Euro was recorded in Q1 1995, while the maximum of 1.95 billion Euro was reached in Q4 2024.
Click on the following link to see the values of: Government expenditure around the world.
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* indicates monthly or quarterly data series
- Measure: billion Euro
- Source: Eurostat
| Recent values | Cyprus: Government expenditure, billion currency units |
|---|---|
| 2025 Q3 | 1.61 |
| 2025 Q2 | 1.62 |
| 2025 Q1 | 1.47 |
| 2024 Q4 | 1.95 |
| 2024 Q3 | 1.53 |
| 2024 Q2 | 1.49 |
| 2024 Q1 | 1.43 |
| 2023 Q4 | 1.89 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 18.59 | 2024 | percent |
| Government spending, in dollars | 6.76 | 2024 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 4.28 | 2024 | percent |
| Primary budget balance | 5.49 | 2024 | percent |
| Government expenditure | 1.61 | Q3/2025 | billion |
| Tax revenue | 24.08 | 2023 | percent |
| Commercial tax rate | 22.40 | 2019 | percent |
| Tax preparation time | 120 | 2019 | hours |
| Taxes on goods and services | 29.51 | 2023 | percent |
| Taxes on international trade | 0.16 | 2019 | percent |
| Income and profits taxes | 23.86 | 2023 | percent |
| Foreign aid | 22.58 | 1996 | million U.S. dollars |
| Government debt | 65.09 | 2024 | percent |
| Sovereign debt average maturity | 6.33 | 2024 | percent |
| Short-term government debt | 4.35 | 2024 | percent |