Cyprus Government Revenue, Expenditure and Finance
CY: Expenditure: % of GDP
CY: Expenditure: % of GDP data was reported at 38.459 % in 2023. This records an increase from the previous number of 36.201 % for 2022. CY: Expenditure: % of GDP data is updated yearly, averaging 32.786 % 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 a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 38.459 2023 | yearly | 1975 - 2023 |
View Cyprus's CY: Expenditure: % of GDP from 1975 to 2023 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 1,003.200 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 is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 3,396.000 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Compensation of Employees from 1972 to 2023 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 38.460 % 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 is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 27.220 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Compensation of Employees: % of Expenditure from 1972 to 2023 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 178.400 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. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 1,089.300 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Goods and Services Expenditure from 1972 to 2023 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 189.100 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 391.400 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Interest Payments from 1972 to 2023 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 7.250 % 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. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 3.137 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Interest Payments: % of Expenditure from 1972 to 2023 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 7.556 % 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. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 2.940 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Expenditure: Interest Payments: % of Revenue from 1972 to 2023 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 283.200 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 1,633.500 2023 | yearly | 1990 - 2023 |
View Cyprus's CY: Expenditure: Other Expenditure from 1990 to 2023 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 1,302.800 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 are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 5,965.700 2023 | yearly | 1980 - 2023 |
View Cyprus's CY: Expenditure: Subsidies and Other Transfers from 1980 to 2023 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 33.628 % 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 are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 47.818 2023 | yearly | 1980 - 2023 |
View Cyprus's CY: Expenditure: Subsidies and Other Transfers: % of Expenditure from 1980 to 2023 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 4.061 % 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);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 (-): % of GDP
CY: Net Lending (+) / Net Borrowing (-): % of GDP data was reported at 1.874 % in 2023. This records a decrease from the previous number of 2.521 % for 2022. CY: Net Lending (+) / Net Borrowing (-): % of GDP data is updated yearly, averaging -3.813 % 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.874 2023 | yearly | 1975 - 2023 |
View Cyprus's CY: Net Lending (+) / Net Borrowing (-): % of GDP from 1975 to 2023 in the chart:
CY: Revenue Excluding Grants: % of GDP
CY: Revenue Excluding Grants: % of GDP data was reported at 39.861 % in 2023. This records an increase from the previous number of 38.078 % for 2022. CY: Revenue Excluding Grants: % of GDP data is updated yearly, averaging 30.557 % 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 an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 39.861 2023 | yearly | 1975 - 2023 |
View Cyprus's CY: Revenue Excluding Grants: % of GDP from 1975 to 2023 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 172.600 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. Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 14.900 2019 | yearly | 1972 - 2019 |
View Cyprus's CY: Revenue and Grants: Revenue: Customs and Other Import Duties from 1972 to 2019 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 12.194 % 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. Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 0.276 2019 | yearly | 1972 - 2019 |
View Cyprus's CY: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue from 1972 to 2019 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 35.900 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 443.400 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Other Taxes from 1972 to 2023 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 1.435 % 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. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 3.331 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Other Taxes: % of Revenue from 1972 to 2023 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 1,433.300 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. Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 7,547.394 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Tax Revenue from 1972 to 2023 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 23.266 % in 2023. This records an increase from the previous number of 22.953 % for 2022. CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP data is updated yearly, averaging 18.847 % 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. Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 23.266 2023 | yearly | 1975 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Tax Revenue: % of GDP from 1975 to 2023 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. Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| 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 652.500 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. General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 3,927.792 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services from 1972 to 2023 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 13.829 % in 2023. This records an increase from the previous number of 13.744 % for 2022. CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services data is updated yearly, averaging 14.454 % 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. General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 13.829 2023 | yearly | 1995 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services from 1995 to 2023 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 26.073 % 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. General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 29.507 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue from 1972 to 2023 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 24.419 % 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 taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 23.861 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue from 1972 to 2023 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 42.636 % 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 taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 42.083 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes from 1972 to 2023 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 172.600 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 are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 14.900 2019 | yearly | 1972 - 2019 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on International Trade from 1972 to 2019 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 7.341 % 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 are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 0.161 2019 | yearly | 1972 - 2019 |
View Cyprus's CY: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue from 1972 to 2019 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 25.929 % 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 are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);Median;
| Last | Frequency | Range |
|---|---|---|
| 32.908 2023 | yearly | 1972 - 2023 |
View Cyprus's CY: Social Contributions: % of Revenue from 1972 to 2023 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 |