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Cyprus Government Budget: Revenues and Spending

Cyprus Government Budget Data

Indicator Data Period
Government Budget Value -72.4 EUR Million | -0.086 B USD 3Q/20
Government Spending 1088 EUR Million | 1.299 B USD 3Q/20
Government Revenues 2216 EUR Million | 2.645 B USD 3Q/20
Government Budget to GDP 1.7 % 2019
Government Spending to GDP 39.5 % 2019


Latest data on Government Budget Value (EUR Million)

Government Budget Value
                     Cyprus - Historical Data (EUR Million)

How much is Cyprus Government Budget?

  • The deficit of government budget in Cyprus increased to 72.4 EUR Million (0.086 B USD) in the third quarter of 2020. The maximum surplus was 417 EUR Million and deficit was -1522 EUR Million.
  • Data published Quarterly by Statistical Service.

Historical Data (EUR Million) by years

Data
Period
Date
-72.4 3Q/20 09.02.2021
-277 4Q/19 06.05.2020
372 3Q/19 04.11.2019
449 1Q/19 29.10.2019
-1050 3Q/18 05.02.2019
-18.7 2Q/18 04.10.2018
297.3 1Q/18 19.06.2018
-130.5 4Q/17 26.04.2018


Historical Chart by presidents (EUR Million)

Government Budget Value in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 88.4000 297.3000 366.7000 -138.4000 236.31%


Latest data on Government Spending (EUR Million)

Government Spending
                     Cyprus - Historical Data (EUR Million)

What is current Cyprus Government Spending?

  • Government Spending in Cyprus increased to 1088 EUR Million (1.299 B USD) in the third quarter of 2020. The maximum volume was 1088 EUR Million and minimum was 415 EUR Million
  • Data published Quarterly by Statistical Service.

Historical Data (EUR Million) by years

Data
Period
Date
1088 3Q/20 05.12.2020
1068 2Q/20 31.08.2020
985 1Q/20 29.05.2020
927 4Q/19 03.03.2020
1008 3Q/19 14.12.2019
899 2Q/19 29.10.2019
854.6 1Q/19 09.06.2019
896.7 4Q/18 09.03.2019


Historical Chart by presidents (EUR Million)

Government Spending in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 634.8000 666.7000 666.7000 634.8000 5.03%


Latest data on Government Revenues (EUR Million)

Government Revenues
                     Cyprus - Historical Data (EUR Million)

How much is Cyprus Government Revenue?

  • Government Revenues in Cyprus increased to 2216 EUR Million (2.645 B USD) in the third quarter of 2020. The maximum volume was 2535 EUR Million and minimum was 462 EUR Million
  • Data published Quarterly by Statistical Service.

Historical Data (EUR Million) by years

Data
Period
Date
2216 3Q/20 28.11.2020
1416 2Q/20 05.09.2020
2083 1Q/20 16.05.2020
2535 4Q/19 02.05.2020
2436 3Q/19 04.11.2019
2127 2Q/19 29.10.2019
2092 1Q/19 29.06.2019
2374.1 4Q/18 27.04.2019


Historical Chart by presidents (EUR Million)

Government Revenues in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - 1853.9000 1853.9000 1853.9000 1853.9000 0.00%


Latest data on Government Budget to GDP (%)

Government Budget to GDP
                     Cyprus - Historical Data (%)

What is the deficit of Cyprus Government Budget?

  • The deficit of Current Account to GDP in Cyprus increased to 1.7 % in 2019. The maximum surplus was 3.2 % and deficit was -8.7 %.
  • Data published Yearly by Statistical Service.

Historical Data (%) by years

Data
Period
Date
1.7 2019 22.04.2020
-4.8 2018 04.07.2019


Historical Chart by presidents (%)

Government Budget to GDP in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Government Spending to GDP (%)

Government Spending to GDP
                     Cyprus - Historical Data (%)

What is Cyprus government spending ratio to GDP?

  • Government Spending to GDP in Cyprus decreased to 39.5 % in 2019. The maximum level was 49.4 % and minimum was 30.9 %.
  • Data published Yearly by Eurostat.

Historical Data (%) by years

Data
Period
Date
39.5 2019 22.04.2020
44.7 2018 04.07.2019


Historical Chart by presidents (%)

Government Spending to GDP in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other budget indicators in Cyprus

Index Updated Actual Previous
Government Debt to GDP 2019 95.5 % 101
Fiscal Expenditure  3Q/20 2.731 B USD 2.834
Military Expenditure 2018 0.36 B USD 0.357

Government Budget to GDP in other countries

Country Updated Actual Previous
Austria 2019 0.7 % 0.2
Ireland 2019 0.4 % 0.1
Luxembourg 2019 2.2 % 3.1
Spain 2019 -2.8 % -2.5
Iceland 2019 -1 % 0.8
Norway 2019 6.4 % 7.8
Belarus 2019 2.3 % 3.8
Belgium 2019 -1.9 % -0.8
Bulgaria 2019 2.1 % 2
Croatia 2019 0.4 % 0.2
Cyprus 2019 1.7 % -3.7
Czech Republic 2019 0.3 % 0.9
Denmark 2019 3.7 % 0.5
Estonia 2019 -0.3 % -0.6
Euro Area 2019 -0.6 % -0.5
Finland 2019 -1.1 % -0.9
France 2019 -3 % -2.3
Germany 2020 -4.8 % 1.5
Greece 2019 1.5 % 1
Hungary 2019 -2 % -2.1
Italy 2020 -9.5 % -1.6
Latvia 2019 -0.2 % -0.8
Lithuania 2019 0.3 % 0.6
Macedonia 2019 -2 % -1.7
Malta 2019 0.5 % 1.9
Moldova 2018 -1 % -0.8
Montenegro 2018 -2 % -2
Netherlands 2019 1.7 % 1.4
Poland 2019 -0.7 % -0.2
Portugal 2019 0.1 % -0.3
Romania 2019 -4.3 % -2.9
Russia 2019 1.8 % 2.9
Serbia 2019 0.2 % 0.6
Slovakia 2019 -1.3 % -1
Slovenia 2019 0.5 % 0.7
Sweden 2019 0.5 % 0.8
Switzerland 2019 1.5 % 1.4
Turkey 2019 -2.9 % -1.9
Ukraine 2019 -2.1 % -1.9
United Kingdom 2021 -16.9 % -2.6
Albania 2019 -1.9 % -1.6
Bosnia and Herzegovina 2019 2.6 % 2.2
Kosovo 2019 -0.3 % -2.5