Cyprus: Government spending, in dollars

The latest value from 2023 is 6.17 billion U.S. dollars, an increase from 5.43 billion U.S. dollars in 2022. In comparison, the world average is 69.63 billion U.S. dollars, based on data from 131 countries. Historically, the average for Cyprus from 1975 to 2023 is 2.27 billion U.S. dollars. The minimum value, 0.09 billion U.S. dollars, was reached in 1975 while the maximum of 6.17 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.