Cyprus Public Consumption: % of GDP
1995 - 2023 | Quarterly | % | CEIC Data
Key information about Cyprus Public Consumption: % of GDP
- Cyprus Public Consumption accounted for 22.2 % of its Nominal GDP in Dec 2023, compared with a share of 17.0 % in the previous quarter.
- Cyprus Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 1995 to Dec 2023, with an average number of 16.0 %.
- The data reached an all-time high of 26.4 % in Dec 2009 and a record low of 9.9 % in Sep 1995.
CEIC calculates Government Consumption as % of Nominal GDP from quarterly Government Consumption Expenditure and quarterly Nominal GDP. The Statistical Service of Cyprus provides Government Consumption Expenditure in EUR and Nominal GDP in EUR.
Related information about Cyprus Public Consumption: % of GDP
- In the latest reports, Cyprus GDP expanded 3.4 % YoY in Mar 2023.
- Cyprus Nominal GDP reached 7.6 USD bn in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 5.5 % in Mar 2023.
- Cyprus GDP Per Capita reached 31,115.0 USD in Dec 2022.
- Its Gross Savings Rate was measured at 17.9 % in Dec 2023.
- For Nominal GDP contributions, Investment accounted for 18.1 % in Dec 2023.
- Private Consumption accounted for 59.9 % in Dec 2023.
View Cyprus's Public Consumption: % of GDP from Mar 1995 to Dec 2023 in the chart:
What was Cyprus's Public Consumption: % of GDP in Dec 2023?
Cyprus Public Consumption accounted for 22.2 % of its Nominal GDP in Dec 2023, compared with a share of 17.0 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 22.2 Dec 2023 | 17.0 Sep 2023 | 9.9 Sep 1995 | 26.4 Dec 2009 | % | quarterly | Mar 1995 - Dec 2023 |
Public Consumption: % of GDP by Country Comparison
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Includes Public Consumption: % of GDP on 115 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 9.4 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Algeria (%) | 2.3 2022 | yearly | 1950 - 2022 |
| Argentina (%) | 15.7 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Armenia (%) | 16.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Australia (%) | 20.4 Dec 2022 | quarterly | Sep 1959 - Dec 2022 |
| Austria (%) | 20.7 Jun 2023 | quarterly | Mar 1988 - Jun 2023 |
| Azerbaijan (%) | 16.4 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Bahrain (%) | 15.8 2021 | yearly | 1975 - 2021 |
| Bangladesh (%) | 5.7 2023 | yearly | 1973 - 2023 |
| Belarus (%) | 18.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Belgium (%) | 24.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Bolivia (%) | 20.7 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Bosnia and Herzegovina (%) | 20.0 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Botswana (%) | 31.8 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Brazil (%) | 21.0 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Brunei (%) | 17.6 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (%) | 20.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (%) | 7.4 2022 | yearly | 1993 - 2022 |
| Canada (%) | 21.2 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Chile (%) | 15.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| China (%) | 15.9 2021 | yearly | 1952 - 2021 |
| Colombia (%) | 18.2 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Croatia (%) | 24.3 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Cyprus (%) | 22.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Czech Republic (%) | 22.6 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (%) | 22.8 Dec 2023 | quarterly | Mar 1990 - Dec 2023 |
| Ecuador (%) | 13.3 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Egypt (%) | 6.0 Dec 2023 | quarterly | Sep 2001 - Dec 2023 |
| Estonia (%) | 23.5 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| European Union (%) | 22.0 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Finland (%) | 23.8 Dec 2022 | quarterly | Mar 1975 - Dec 2022 |
| France (%) | 23.5 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Georgia (%) | 12.7 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Germany (%) | 22.6 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ghana (%) | 5.9 2023 | yearly | 2006 - 2023 |
| Greece (%) | 21.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Hong Kong SAR, China (%) | 13.7 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (%) | 19.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Iceland (%) | 27.5 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| India (%) | 8.5 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Indonesia (%) | 9.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (%) | 10.7 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
| Ireland (%) | 11.2 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Israel (%) | 26.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Italy (%) | 19.6 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Ivory Coast (%) | 9.6 2023 | yearly | 1960 - 2023 |
| Japan (%) | 20.4 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Jordan (%) | 18.4 2022 | yearly | 1963 - 2022 |
| Kazakhstan (%) | 8.7 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Kenya (%) | 12.3 2022 | yearly | 1960 - 2022 |
| South Korea (%) | 17.6 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Kosovo (%) | 13.0 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Kuwait (%) | 24.8 2019 | yearly | 1962 - 2019 |
| Kyrgyzstan (%) | 17.9 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Laos (%) | 14.0 2016 | yearly | 2000 - 2016 |
| Latvia (%) | 19.5 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Lebanon (%) | 15.7 2020 | yearly | 1990 - 2020 |
| Lithuania (%) | 20.0 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Luxembourg (%) | 22.4 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (%) | 14.6 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| North Macedonia (%) | 17.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Malawi (%) | 13.9 2019 | yearly | 1960 - 2019 |
| Malaysia (%) | 14.5 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Malta (%) | 18.8 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Mauritius (%) | 12.5 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Mexico (%) | 10.9 Sep 2023 | quarterly | Mar 1993 - Sep 2023 |
| Moldova (%) | 18.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Mongolia (%) | 20.1 Dec 2022 | quarterly | Mar 2010 - Dec 2022 |
| Montenegro (%) | 13.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (%) | 18.4 Dec 2023 | quarterly | Mar 2007 - Dec 2023 |
| Mozambique (%) | 16.7 2022 | yearly | 1963 - 2022 |
| Nepal (%) | 5.4 2023 | yearly | 1975 - 2023 |
| Netherlands (%) | 24.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| New Zealand (%) | 20.7 Dec 2023 | quarterly | Jun 1987 - Dec 2023 |
| Nigeria (%) | 4.4 2022 | yearly | 1981 - 2022 |
| Norway (%) | 21.4 Dec 2023 | quarterly | Mar 1978 - Dec 2023 |
| Oman (%) | 17.9 2022 | yearly | 1980 - 2022 |
| Pakistan (%) | 9.7 2023 | yearly | 1960 - 2023 |
| Palestinian Territory (%) | 20.1 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Panama (%) | 13.7 2021 | yearly | 1996 - 2021 |
| Paraguay (%) | 13.6 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Peru (%) | 14.9 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Philippines (%) | 13.8 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (%) | 20.1 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Portugal (%) | 20.4 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Qatar (%) | 13.1 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| Romania (%) | 16.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Russia (%) | 17.5 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (%) | 27.6 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Serbia (%) | 16.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Singapore (%) | 10.2 2023 | yearly | 1960 - 2023 |
| Slovakia (%) | 24.6 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Slovenia (%) | 19.8 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| South Africa (%) | 19.8 Dec 2023 | quarterly | Mar 1960 - Dec 2023 |
| Spain (%) | 19.2 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Sri Lanka (%) | 5.9 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Sudan (%) | 17.9 2022 | yearly | 1960 - 2022 |
| Sweden (%) | 25.8 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
| Switzerland (%) | 11.4 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Syria (%) | 10.9 2021 | yearly | 1963 - 2021 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.500 2028 | yearly | 2001 - 2028 |
| Trade Balance (USD mn) | -617.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
| Total Exports (USD mn) | 306.9 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Exports Growth (%) | -10.7 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Aluminum: Exports (USD th) | 6,478.826 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 392,658.586 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,615.719 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 924.3 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Imports Growth (%) | -51.1 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Imports: Medicament (USD th) | 374,947.813 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 95,568.267 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 5.794 Dec 2023 | monthly | Nov 1969 - Dec 2023 |
| Total Imports from USA (USD mn) | 9.771 Jan 2024 | monthly | Apr 1964 - Jan 2024 |
| Total Exports to China (USD mn) | 1.139 Dec 2023 | monthly | Nov 1999 - Dec 2023 |
| Total Imports from China (USD mn) | 42.308 Dec 2023 | monthly | Sep 1974 - Dec 2023 |
| Exports (EUR th) | 281,549.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Imports (EUR th) | 848,084.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 4,503.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 50,102.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 9,002.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 23,721.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: HS: Mineral Products (EUR th) | 69,317.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Exports: Re-Export (EUR mn) | 2,530.000 2022 | yearly | 1985 - 2022 |
| Exports: EU: United Kingdom (EUR th) | 17,404.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: Middle East: Lebanon (EUR th) | 41,413.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: EU: Greece (EUR th) | 21,694.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: North America: United States (EUR th) | 4,727.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 80,515.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 132,390.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 35,624.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Mineral Products (EUR th) | 201,953.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 99,660.000 Jan 2024 | monthly | May 2003 - Jan 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 7.9 Dec 2023 | monthly | Dec 2014 - Dec 2023 |
| Household Debt: % of GDP (%) | 88.2 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 2,129.840 Oct 2023 | monthly | Dec 2014 - Oct 2023 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 229.7 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.554 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Gold Reserves (USD mn) | 986.388 Mar 2024 | monthly | Mar 1968 - Mar 2024 |
| Total Deposits (USD mn) | 56,168.779 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Deposits Growth (%) | 0.1 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Domestic Credit (USD mn) | 22,353.8 Jan 2024 | monthly | Nov 2005 - Jan 2024 |
| Domestic Credit Growth (%) | -6.1 Jan 2024 | monthly | Nov 2006 - Jan 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 27,055.506 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Loans Growth (%) | -0.27 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 65.80 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Reserve Assets (EUR mn) | 1,754.589 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 212.857 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 914.084 Mar 2024 | monthly | Jan 2013 - Mar 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 8.339 Oct 2023 | monthly | Dec 2014 - Oct 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -11.3 Mar 2024 | monthly | May 2003 - Mar 2024 |
More Indicators for Cyprus
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National Accounts
ESA 1995: GDP Growth Rate (Discontinued)
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Annual
ESA 2010: GDP: by Expenditure: Current Price
ESA 2010: GDP: by Expenditure: Current Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Industry: Current Price
ESA 2010: GDP: by Industry: Current Price: Seasonally and Working Day Adjusted
ESA 2010: Main Aggregates: Current Price
Funds by Sector: ESA 2010: Households: Stock
Funds by Sector: ESA 2010: Total Economy: Flow
GDP Deflator: Seasonally and Working Day Adjusted
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: by Expenditure: Quarterly
Gross Domestic Product: Deflator and Volume Index: Quarterly
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP
Contribution to GDP
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price
ESA 2010: GDP: by Expenditure: Chain Linked 2005 Price: Seasonally and Working Day Adjusted
ESA 2010: GDP: by Expenditure: Current Price: Annual
ESA 2010: GDP: by Industry: Chain Linked 2005 Price: Annual
ESA 2010: GDP: by Industry: Current Price: Annual
ESA 2010: GDP Growth Rate
Funds by Sector: ESA 2010: Financial Corporations: Stock
Funds by Sector: ESA 2010: Non Financial Corporations: Stock
Funds by Sector: ESA 2010: Total Economy: Stock
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real