Expenditure on old age function by type of benefit and means-testing in Cyprus
Cyprus: Expenditure on old age function by type of benefit and means-testing was 2,483 in 2024. ▲ Rising
Latest (2024)
2,483
Change on year
down 1.7%
World rank
41st
of 46 countries
All-time high
2,525
in 2023
All-time low
600.07
in 2000
Years of data
25
2000–2024
Expenditure on old age function by type of benefit and means-testing in Cyprus, 2000–2024
Source: Eurostat.
Analysis
The most recent figure for expenditure on old age function by type of benefit and means-testing in Cyprus is 2,483, measured in 2024.
That represents a change of down 1.7% on the previous year and up 47.2% over ten years.
Over the whole period, expenditure on old age function by type of benefit and means-testing in Cyprus peaked at 2,525 in 2023 and was at its lowest, 600.07, in 2000.
That places Cyprus 41st out of 46 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Expenditure on old age function by type of benefit and means-testing in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 600.07 | — |
| 2001 | 623.78 | +4.0% |
| 2002 | 734.12 | +17.7% |
| 2003 | 840.4 | +14.5% |
| 2004 | 926.25 | +10.2% |
| 2005 | 976.99 | +5.5% |
| 2006 | 1,056 | +8.1% |
| 2007 | 1,141 | +8.0% |
| 2008 | 1,252 | +9.7% |
| 2009 | 1,361 | +8.7% |
| 2010 | 1,442 | +6.0% |
| 2011 | 1,584 | +9.8% |
| 2012 | 1,729 | +9.2% |
| 2013 | 1,742 | +0.7% |
| 2014 | 1,687 | -3.2% |
| 2015 | 1,728 | +2.4% |
| 2016 | 1,716 | -0.7% |
| 2017 | 1,763 | +2.8% |
| 2018 | 1,777 | +0.8% |
| 2019 | 1,978 | +11.3% |
| 2020 | 2,135 | +7.9% |
| 2021 | 2,171 | +1.7% |
| 2022 | 2,392 | +10.2% |
| 2023 | 2,525 | +5.6% |
| 2024 | 2,483 | -1.7% |
Cyprus compared with similar countries
- Cyprus's 2,483 is below the median for Europe & Central Asia, which is 28,935, 9% of the median. (34 countries reporting)
- Cyprus's 2,483 is below the median for high income countries, which is 30,823, 8% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 951.14 | 600.07 | 1,361 | 10 |
| 2010s | 1,715 | 1,442 | 1,978 | 10 |
| 2020s | 2,341 | 2,135 | 2,525 | 5 |
Countries ranked near Cyprus
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is expenditure on old age function by type of benefit and means-testing in Cyprus?
- Expenditure on old age function by type of benefit and means-testing in Cyprus was 2,483 in 2024, according to Eurostat.
- What is the highest expenditure on old age function by type of benefit and means-testing recorded in Cyprus?
- The highest recorded value was 2,525 in 2023.
- What is the lowest expenditure on old age function by type of benefit and means-testing recorded in Cyprus?
- The lowest recorded value was 600.07 in 2000.
- How does Cyprus rank for expenditure on old age function by type of benefit and means-testing?
- Cyprus ranks 41st out of 46 countries with data for 2024.
- Is expenditure on old age function by type of benefit and means-testing rising or falling in Cyprus?
- Over the last ten years it is up 47.2%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Expenditure on old age function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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