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
32nd
of 36 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

1.0k2.0k3.0k4.0k5.0k6.0k2000201220242000: 1.5k Million euro2001: 1.6k Million euro2002: 1.8k Million euro2003: 2.1k Million euro2004: 2.2k Million euro2005: 2.4k Million euro2006: 2.7k Million euro2007: 2.8k Million euro2008: 3.2k Million euro2009: 3.5k Million euro2010: 3.6k Million euro2011: 3.8k Million euro2012: 3.9k Million euro2013: 3.8k Million euro2014: 3.4k Million euro2015: 3.5k Million euro2016: 3.6k Million euro2017: 3.6k Million euro2018: 3.7k Million euro2019: 4.2k Million euro2020: 5.3k Million euro2021: 5.4k Million euro2022: 5.9k Million euro2023: 6.1k Million euro2024: 6.3k Million euro

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 32nd of 36 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 29 Iceland 8,268 Million euro compare
  2. 30 Latvia 7,553 Million euro compare
  3. 31 Estonia 7,098 Million euro compare
  4. 33 Bosnia and Herzegovina 5,661 Million euro compare
  5. 34 Malta 3,069 Million euro compare
  6. 35 Albania 2,742 Million euro compare

See the full ranking of 45 places →

More reference data data for Cyprus

All data for Cyprus →

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 32nd out of 36 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.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Eurostat).

About this data

Indicator
Expenditure on social benefits by function
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
45 places, 1,202 data points, 1990–2024
Last refreshed