Expenditure on social benefits by function in Cyprus
Cyprus: Expenditure on social benefits by function was 6,275 Million euro in 2024. ▲ Rising
Latest (2024)
6,275 Million euro
Change on year
up 2.9%
World rank
41st
of 45 countries
All-time high
6,275 Million euro
in 2024
All-time low
1,454 Million euro
in 2000
Years of data
25
2000–2024
Expenditure on social benefits by function in Cyprus, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
The most recent figure for expenditure on social benefits by function in Cyprus is 6,275 Million euro, measured in 2024. That is the highest value across all 25 years on record.
That represents a change of up 2.9% on the previous year and up 82.5% over ten years.
Over the whole period, expenditure on social benefits by function in Cyprus peaked at 6,275 Million euro in 2024 and was at its lowest, 1,454 Million euro, in 2000.
Cyprus ranks 41st of 45 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Expenditure on social benefits by function in Cyprus, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 1,454 Million euro | — |
| 2001 | 1,574 Million euro | +8.3% |
| 2002 | 1,768 Million euro | +12.3% |
| 2003 | 2,102 Million euro | +18.9% |
| 2004 | 2,237 Million euro | +6.4% |
| 2005 | 2,443 Million euro | +9.2% |
| 2006 | 2,666 Million euro | +9.1% |
| 2007 | 2,835 Million euro | +6.4% |
| 2008 | 3,185 Million euro | +12.3% |
| 2009 | 3,503 Million euro | +10.0% |
| 2010 | 3,561 Million euro | +1.7% |
| 2011 | 3,783 Million euro | +6.2% |
| 2012 | 3,850 Million euro | +1.8% |
| 2013 | 3,762 Million euro | -2.3% |
| 2014 | 3,438 Million euro | -8.6% |
| 2015 | 3,484 Million euro | +1.3% |
| 2016 | 3,589 Million euro | +3.0% |
| 2017 | 3,636 Million euro | +1.3% |
| 2018 | 3,725 Million euro | +2.5% |
| 2019 | 4,208 Million euro | +12.9% |
| 2020 | 5,297 Million euro | +25.9% |
| 2021 | 5,444 Million euro | +2.8% |
| 2022 | 5,897 Million euro | +8.3% |
| 2023 | 6,096 Million euro | +3.4% |
| 2024 | 6,275 Million euro | +2.9% |
Cyprus compared with similar countries
- Cyprus's 6,275 Million euro is below the median for Europe & Central Asia, which is 62,182 Million euro, 10% of the median. (34 countries reporting)
- Cyprus's 6,275 Million euro is below the median for high income countries, which is 67,117 Million euro, 9% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2,377 Million euro | 1,454 Million euro | 3,503 Million euro | 10 |
| 2010s | 3,704 Million euro | 3,438 Million euro | 4,208 Million euro | 10 |
| 2020s | 5,802 Million euro | 5,297 Million euro | 6,275 Million euro | 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 social benefits by function in Cyprus?
- Expenditure on social benefits by function in Cyprus was 6,275 Million euro in 2024, according to Eurostat.
- What is the highest expenditure on social benefits by function recorded in Cyprus?
- The highest recorded value was 6,275 Million euro in 2024.
- What is the lowest expenditure on social benefits by function recorded in Cyprus?
- The lowest recorded value was 1,454 Million euro in 2000.
- How does Cyprus rank for expenditure on social benefits by function?
- Cyprus ranks 41st out of 45 countries with data for 2024.
- Is expenditure on social benefits by function rising or falling in Cyprus?
- Over the last ten years it is up 82.5%. 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 social benefits by function. Statizoid updates them automatically from the source API.
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