Cyprus Government Revenue, Expenditure and Finance
CY: Expenditure
CY: Expenditure data was reported at 12,475.900 EUR mn in 2023. This records an increase from the previous number of 10,731.800 EUR mn for 2022. CY: Expenditure data is updated yearly, averaging 2,810.200 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 12,475.900 EUR mn in 2023 and a record low of 79.347 EUR mn in 1972. CY: Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 10,222.432 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure from 1972 to 2022 in the chart:
CY: Expenditure: % of GDP
CY: Expenditure: % of GDP data was reported at 39.808 % in 2023. This records an increase from the previous number of 36.483 % for 2022. CY: Expenditure: % of GDP data is updated yearly, averaging 33.246 % from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 52.643 % in 2012 and a record low of 22.501 % in 1979. CY: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 34.752 2022 | yearly | 1975 - 2022 |
View Cyprus's CY: Expenditure: % of GDP from 1975 to 2022 in the chart:
CY: Expenditure: Compensation of Employees
CY: Expenditure: Compensation of Employees data was reported at 3,396.000 EUR mn in 2023. This records an increase from the previous number of 2,984.300 EUR mn for 2022. CY: Expenditure: Compensation of Employees data is updated yearly, averaging 1,034.350 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 3,396.000 EUR mn in 2023 and a record low of 35.590 EUR mn in 1972. CY: Expenditure: Compensation of Employees data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2,949.290 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Compensation of Employees from 1972 to 2022 in the chart:
CY: Expenditure: Compensation of Employees: % of Expenditure
CY: Expenditure: Compensation of Employees: % of Expenditure data was reported at 27.220 % in 2023. This records a decrease from the previous number of 27.808 % for 2022. CY: Expenditure: Compensation of Employees: % of Expenditure data is updated yearly, averaging 33.763 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 44.854 % in 1972 and a record low of 24.461 % in 2014. CY: Expenditure: Compensation of Employees: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 28.851 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Compensation of Employees: % of Expenditure from 1972 to 2022 in the chart:
CY: Expenditure: Goods and Services Expenditure
CY: Expenditure: Goods and Services Expenditure data was reported at 1,089.300 EUR mn in 2023. This records an increase from the previous number of 1,075.100 EUR mn for 2022. CY: Expenditure: Goods and Services Expenditure data is updated yearly, averaging 246.200 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 1,089.300 EUR mn in 2023 and a record low of 16.744 EUR mn in 1972. CY: Expenditure: Goods and Services Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,071.845 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Goods and Services Expenditure from 1972 to 2022 in the chart:
CY: Expenditure: Goods and Services Expenditure: % of Expenditure
CY: Expenditure: Goods and Services Expenditure: % of Expenditure data was reported at 8.731 % in 2023. This records a decrease from the previous number of 10.018 % for 2022. CY: Expenditure: Goods and Services Expenditure: % of Expenditure data is updated yearly, averaging 9.555 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 23.709 % in 1975 and a record low of 3.207 % in 1996. CY: Expenditure: Goods and Services Expenditure: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 10.485 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Goods and Services Expenditure: % of Expenditure from 1972 to 2022 in the chart:
CY: Expenditure: Interest Payments
CY: Expenditure: Interest Payments data was reported at 391.400 EUR mn in 2023. This records an increase from the previous number of 377.200 EUR mn for 2022. CY: Expenditure: Interest Payments data is updated yearly, averaging 274.287 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 628.100 EUR mn in 2012 and a record low of 3.810 EUR mn in 1972. CY: Expenditure: Interest Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 401.400 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Interest Payments from 1972 to 2022 in the chart:
CY: Expenditure: Interest Payments: % of Expenditure
CY: Expenditure: Interest Payments: % of Expenditure data was reported at 3.137 % in 2023. This records a decrease from the previous number of 3.515 % for 2022. CY: Expenditure: Interest Payments: % of Expenditure data is updated yearly, averaging 7.374 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 17.033 % in 1994 and a record low of 3.137 % in 2023. CY: Expenditure: Interest Payments: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 3.927 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Interest Payments: % of Expenditure from 1972 to 2022 in the chart:
CY: Expenditure: Interest Payments: % of Revenue
CY: Expenditure: Interest Payments: % of Revenue data was reported at 2.940 % in 2023. This records a decrease from the previous number of 3.277 % for 2022. CY: Expenditure: Interest Payments: % of Revenue data is updated yearly, averaging 7.886 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 17.875 % in 1991 and a record low of 2.940 % in 2023. CY: Expenditure: Interest Payments: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 3.630 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Expenditure: Interest Payments: % of Revenue from 1972 to 2022 in the chart:
CY: Expenditure: Other Expenditure
CY: Expenditure: Other Expenditure data was reported at 1,633.500 EUR mn in 2023. This records an increase from the previous number of 591.500 EUR mn for 2022. CY: Expenditure: Other Expenditure data is updated yearly, averaging 277.800 EUR mn from Dec 1990 (Median) to 2023, with 33 observations. The data reached an all-time high of 1,633.500 EUR mn in 2023 and a record low of 7.962 EUR mn in 1992. CY: Expenditure: Other Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,078.742 2022 | yearly | 1990 - 2022 |
View Cyprus's CY: Expenditure: Other Expenditure from 1990 to 2022 in the chart:
CY: Expenditure: Other Expenditure: % of GDP
CY: Expenditure: Other Expenditure: % of GDP data was reported at 13.093 % in 2023. This records an increase from the previous number of 5.512 % for 2022. CY: Expenditure: Other Expenditure: % of GDP data is updated yearly, averaging 4.425 % from Dec 1990 (Median) to 2023, with 33 observations. The data reached an all-time high of 13.093 % in 2023 and a record low of 0.506 % in 1992. CY: Expenditure: Other Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 10.553 2022 | yearly | 1990 - 2022 |
View Cyprus's CY: Expenditure: Other Expenditure: % of GDP from 1990 to 2022 in the chart:
CY: Expenditure: Subsidies and Other Transfers
CY: Expenditure: Subsidies and Other Transfers data was reported at 5,965.700 EUR mn in 2023. This records an increase from the previous number of 4,745.700 EUR mn for 2022. CY: Expenditure: Subsidies and Other Transfers data is updated yearly, averaging 1,369.500 EUR mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 5,965.700 EUR mn in 2023 and a record low of 29.525 EUR mn in 1980. CY: Expenditure: Subsidies and Other Transfers data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 4,721.154 2022 | yearly | 1980 - 2022 |
View Cyprus's CY: Expenditure: Subsidies and Other Transfers from 1980 to 2022 in the chart:
CY: Expenditure: Subsidies and Other Transfers: % of Expenditure
CY: Expenditure: Subsidies and Other Transfers: % of Expenditure data was reported at 47.818 % in 2023. This records an increase from the previous number of 44.221 % for 2022. CY: Expenditure: Subsidies and Other Transfers: % of Expenditure data is updated yearly, averaging 34.102 % from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 47.818 % in 2023 and a record low of 3.852 % in 1987. CY: Expenditure: Subsidies and Other Transfers: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organizations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 46.184 2022 | yearly | 1980 - 2022 |
View Cyprus's CY: Expenditure: Subsidies and Other Transfers: % of Expenditure from 1980 to 2022 in the chart:
CY: Net Investment in Nonfinancial Assets
CY: Net Investment in Nonfinancial Assets data was reported at 378.500 EUR mn in 2016. This records an increase from the previous number of 292.400 EUR mn for 2015. CY: Net Investment in Nonfinancial Assets data is updated yearly, averaging 156.713 EUR mn from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 687.400 EUR mn in 2010 and a record low of 9.739 EUR mn in 1974. CY: Net Investment in Nonfinancial Assets data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 378.500 2016 | yearly | 1972 - 2016 |
View Cyprus's CY: Net Investment in Nonfinancial Assets from 1972 to 2016 in the chart:
CY: Net Investment in Nonfinancial Assets: % of GDP
CY: Net Investment in Nonfinancial Assets: % of GDP data was reported at 1.991 % in 2016. This records an increase from the previous number of 1.630 % for 2015. CY: Net Investment in Nonfinancial Assets: % of GDP data is updated yearly, averaging 3.148 % from Dec 1975 (Median) to 2016, with 42 observations. The data reached an all-time high of 4.946 % in 1979 and a record low of 0.685 % in 2013. CY: Net Investment in Nonfinancial Assets: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.991 2016 | yearly | 1975 - 2016 |
View Cyprus's CY: Net Investment in Nonfinancial Assets: % of GDP from 1975 to 2016 in the chart:
CY: Net Lending (+) / Net Borrowing (-)
CY: Net Lending (+) / Net Borrowing (-) data was reported at 607.800 EUR mn in 2023. This records a decrease from the previous number of 747.500 EUR mn for 2022. CY: Net Lending (+) / Net Borrowing (-) data is updated yearly, averaging -146.231 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 747.500 EUR mn in 2022 and a record low of -2,903.000 EUR mn in 2012. CY: Net Lending (+) / Net Borrowing (-) data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 659.300 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Net Lending (+) / Net Borrowing (-) from 1972 to 2022 in the chart:
CY: Net Lending (+) / Net Borrowing (-): % of GDP
CY: Net Lending (+) / Net Borrowing (-): % of GDP data was reported at 1.939 % in 2023. This records a decrease from the previous number of 2.541 % for 2022. CY: Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -4.078 % from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 3.343 % in 2007 and a record low of -14.891 % in 2012. CY: Net Lending (+) / Net Borrowing (-): % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.241 2022 | yearly | 1975 - 2022 |
View Cyprus's CY: Net Lending (+) / Net Borrowing (-): % of GDP from 1975 to 2022 in the chart:
CY: Revenue Excluding Grants
CY: Revenue Excluding Grants data was reported at 12,930.600 EUR mn in 2023. This records an increase from the previous number of 11,288.300 EUR mn for 2022. CY: Revenue Excluding Grants data is updated yearly, averaging 2,649.600 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 12,930.600 EUR mn in 2023 and a record low of 89.274 EUR mn in 1972. CY: Revenue Excluding Grants data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 11,057.832 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue Excluding Grants from 1972 to 2022 in the chart:
CY: Revenue Excluding Grants: % of GDP
CY: Revenue Excluding Grants: % of GDP data was reported at 41.259 % in 2023. This records an increase from the previous number of 38.375 % for 2022. CY: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 31.229 % from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 41.619 % in 2007 and a record low of 19.233 % in 1976. CY: Revenue Excluding Grants: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 37.592 2022 | yearly | 1975 - 2022 |
View Cyprus's CY: Revenue Excluding Grants: % of GDP from 1975 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Customs and Other Import Duties
CY: Revenue and Grants: Revenue: Customs and Other Import Duties data was reported at 14.900 EUR mn in 2019. This records an increase from the previous number of 4.500 EUR mn for 2018. CY: Revenue and Grants: Revenue: Customs and Other Import Duties data is updated yearly, averaging 50.139 EUR mn from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 210.466 EUR mn in 1992 and a record low of -1.300 EUR mn in 2016. CY: Revenue and Grants: Revenue: Customs and Other Import Duties data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2.200 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Customs and Other Import Duties from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue
CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data was reported at 0.276 % in 2019. This records an increase from the previous number of 0.087 % for 2018. CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data is updated yearly, averaging 11.832 % from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 40.300 % in 1972 and a record low of -0.029 % in 2016. CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 0.032 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Other Taxes
CY: Revenue and Grants: Revenue: Other Taxes data was reported at 443.400 EUR mn in 2023. This records an increase from the previous number of 401.300 EUR mn for 2022. CY: Revenue and Grants: Revenue: Other Taxes data is updated yearly, averaging 106.113 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 512.800 EUR mn in 2007 and a record low of 1.538 EUR mn in 1975. CY: Revenue and Grants: Revenue: Other Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 462.201 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Other Taxes from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue
CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data was reported at 3.331 % in 2023. This records a decrease from the previous number of 3.487 % for 2022. CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data is updated yearly, averaging 3.701 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 10.080 % in 1993 and a record low of 1.347 % in 1975. CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 4.180 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Tax Revenue
CY: Revenue and Grants: Revenue: Tax Revenue data was reported at 7,547.394 EUR mn in 2023. This records an increase from the previous number of 6,804.643 EUR mn for 2022. CY: Revenue and Grants: Revenue: Tax Revenue data is updated yearly, averaging 1,546.350 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 7,547.394 EUR mn in 2023 and a record low of 58.793 EUR mn in 1975. CY: Revenue and Grants: Revenue: Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 6,863.944 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Tax Revenue from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP
CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP data was reported at 24.082 % in 2023. This records an increase from the previous number of 23.133 % for 2022. CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 20.797 % from Dec 1975 (Median) to 2023, with 49 observations. The data reached an all-time high of 28.423 % in 2007 and a record low of 12.120 % in 1976. CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 23.334 2022 | yearly | 1975 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP from 1975 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Exports
CY: Revenue and Grants: Revenue: Taxes on Exports data was reported at 0.068 EUR mn in 1976. This stayed constant from the previous number of 0.068 EUR mn for 1975. CY: Revenue and Grants: Revenue: Taxes on Exports data is updated yearly, averaging 0.051 EUR mn from Dec 1972 (Median) to 1976, with 5 observations. The data reached an all-time high of 0.068 EUR mn in 1976 and a record low of 0.051 EUR mn in 1974. CY: Revenue and Grants: Revenue: Taxes on Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 1972 - 2021 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Exports from 1972 to 2021 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue
CY: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data was reported at 0.099 % in 1976. This records a decrease from the previous number of 0.116 % for 1975. CY: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data is updated yearly, averaging 0.085 % from Dec 1972 (Median) to 1976, with 5 observations. The data reached an all-time high of 0.116 % in 1975 and a record low of 0.068 % in 1973. CY: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on exports are all levies on goods being transported out of the country or services being delivered to nonresidents by residents. Rebates on exported goods that are repayments of previously paid general consumption taxes, excise taxes, or import duties are deducted from the gross amounts receivable from these taxes, not from amounts receivable from export taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 0.000 2021 | yearly | 1972 - 2021 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Exports: % of Tax Revenue from 1972 to 2021 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Goods and Services
CY: Revenue and Grants: Revenue: Taxes on Goods and Services data was reported at 3,927.792 EUR mn in 2023. This records an increase from the previous number of 3,566.463 EUR mn for 2022. CY: Revenue and Grants: Revenue: Taxes on Goods and Services data is updated yearly, averaging 711.800 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 3,927.792 EUR mn in 2023 and a record low of 21.358 EUR mn in 1972. CY: Revenue and Grants: Revenue: Taxes on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 3,562.663 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services
CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data was reported at 14.382 % in 2023. This records an increase from the previous number of 13.864 % for 2022. CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 14.292 % from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 16.629 % in 2007 and a record low of 8.823 % in 1997. CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD value added estimates.;;
| Last | Frequency | Range |
|---|---|---|
| 13.849 2022 | yearly | 1995 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services from 1995 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue
CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data was reported at 29.507 % in 2023. This records a decrease from the previous number of 30.987 % for 2022. CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data is updated yearly, averaging 27.648 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 36.343 % in 2004 and a record low of 16.651 % in 1977. CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 32.218 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data was reported at 3,176.202 EUR mn in 2023. This records an increase from the previous number of 2,836.879 EUR mn for 2022. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data is updated yearly, averaging 668.550 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 3,176.202 EUR mn in 2023 and a record low of 12.336 EUR mn in 1972. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2,836.879 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data was reported at 23.861 % in 2023. This records a decrease from the previous number of 24.648 % for 2022. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data is updated yearly, averaging 21.840 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 29.135 % in 1999 and a record low of 13.315 % in 1977. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 25.655 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes
CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data was reported at 42.083 % in 2023. This records an increase from the previous number of 41.690 % for 2022. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data is updated yearly, averaging 35.946 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 47.238 % in 1999 and a record low of 20.447 % in 1972. CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 41.330 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on International Trade
CY: Revenue and Grants: Revenue: Taxes on International Trade data was reported at 14.900 EUR mn in 2019. This records an increase from the previous number of 4.500 EUR mn for 2018. CY: Revenue and Grants: Revenue: Taxes on International Trade data is updated yearly, averaging 50.139 EUR mn from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 210.466 EUR mn in 1992 and a record low of -1.300 EUR mn in 2016. CY: Revenue and Grants: Revenue: Taxes on International Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2.200 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on International Trade from 1972 to 2022 in the chart:
CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue
CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data was reported at 0.161 % in 2019. This records an increase from the previous number of 0.053 % for 2018. CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data is updated yearly, averaging 7.033 % from Dec 1972 (Median) to 2019, with 48 observations. The data reached an all-time high of 27.392 % in 1973 and a record low of -0.018 % in 2016. CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 0.020 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue from 1972 to 2022 in the chart:
CY: Social Contributions
CY: Social Contributions data was reported at 4,380.500 EUR mn in 2023. This records an increase from the previous number of 3,519.800 EUR mn for 2022. CY: Social Contributions data is updated yearly, averaging 682.150 EUR mn from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 4,380.500 EUR mn in 2023 and a record low of 6.322 EUR mn in 1972. CY: Social Contributions data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;;
| Last | Frequency | Range |
|---|---|---|
| 3,122.000 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Social Contributions from 1972 to 2022 in the chart:
CY: Social Contributions: % of Revenue
CY: Social Contributions: % of Revenue data was reported at 32.908 % in 2023. This records an increase from the previous number of 30.581 % for 2022. CY: Social Contributions: % of Revenue data is updated yearly, averaging 23.168 % from Dec 1972 (Median) to 2023, with 52 observations. The data reached an all-time high of 32.908 % in 2023 and a record low of 6.213 % in 1977. CY: Social Contributions: % of Revenue data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Social contributions include social security contributions by employees, employers, and self-employed individuals, and other contributions whose source cannot be determined. They also include actual or imputed contributions to social insurance schemes operated by governments.;International Monetary Fund, Government Finance Statistics Yearbook and data files.;Median;
| Last | Frequency | Range |
|---|---|---|
| 28.233 2022 | yearly | 1972 - 2022 |
View Cyprus's CY: Social Contributions: % of Revenue from 1972 to 2022 in the chart:
Primary Government Expenditures as % of Original Approved Budget
Primary Government Expenditures as % of Original Approved Budget data was reported at 107.643 % in 2022. This records an increase from the previous number of 107.356 % for 2021. Primary Government Expenditures as % of Original Approved Budget data is updated yearly, averaging 107.499 % from Dec 2017 (Median) to 2022, with 6 observations. The data reached an all-time high of 123.782 % in 2018 and a record low of 104.293 % in 2017. Primary Government Expenditures as % of Original Approved Budget data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Government Revenue, Expenditure and Finance. Primary government expenditures as a proportion of original approved budget measures the extent to which aggregate budget expenditure outturn reflects the amount originally approved, as defined in government budget documentation and fiscal reports. The coverage is budgetary central government (BCG) and the time period covered is the last three completed fiscal years.;Public Expenditure and Financial Accountability (PEFA). Ministry of Finance (MoF).;;
| Last | Frequency | Range |
|---|---|---|
| 107.643 2022 | yearly | 2017 - 2022 |