General government expenditure by function in Cyprus

Cyprus: General government expenditure by function was 1,476 Million euro in 2024. ▲ Rising

Latest (2024)
1,476 Million euro
Change on year
up 8.1%
World rank
38th
of 38 countries
All-time high
1,476 Million euro
in 2024
All-time low
97.6 Million euro
in 1995
Years of data
30
1995–2024

General government expenditure by function in Cyprus, 1995–2024

05001.0k1.5k1995200920241995: 97.6 Million euro1996: 98.2 Million euro1997: 209 Million euro1998: 383.8 Million euro1999: 425.1 Million euro2000: 363 Million euro2001: 522.7 Million euro2002: 598.7 Million euro2003: 619.7 Million euro2004: 534 Million euro2005: 597.8 Million euro2006: 713 Million euro2007: 770.7 Million euro2008: 850.3 Million euro2009: 934.1 Million euro2010: 885.3 Million euro2011: 902.7 Million euro2012: 835.1 Million euro2013: 746.8 Million euro2014: 651.4 Million euro2015: 698.8 Million euro2016: 681.3 Million euro2017: 737.8 Million euro2018: 824.7 Million euro2019: 1.0k Million euro2020: 939.3 Million euro2021: 1.1k Million euro2022: 1.3k Million euro2023: 1.4k Million euro2024: 1.5k Million euro

Source: Eurostat. Measured in Million euro.

Analysis

Cyprus recorded 1,476 Million euro for general government expenditure by function in 2024. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 8.1% on the previous year and up 126.5% over ten years.

Over the whole period, general government expenditure by function in Cyprus peaked at 1,476 Million euro in 2024 and was at its lowest, 97.6 Million euro, in 1995.

That places Cyprus 38th out of 38 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 30 years of available data.

General government expenditure by function in Cyprus, year by year

Annual values for General government expenditure by function (COFOG) in Cyprus, 1995 to 2024.
Year Million euro Change
1995 97.6 Million euro —
1996 98.2 Million euro +0.6%
1997 209 Million euro +112.8%
1998 383.8 Million euro +83.6%
1999 425.1 Million euro +10.8%
2000 363 Million euro -14.6%
2001 522.7 Million euro +44.0%
2002 598.7 Million euro +14.5%
2003 619.7 Million euro +3.5%
2004 534 Million euro -13.8%
2005 597.8 Million euro +11.9%
2006 713 Million euro +19.3%
2007 770.7 Million euro +8.1%
2008 850.3 Million euro +10.3%
2009 934.1 Million euro +9.9%
2010 885.3 Million euro -5.2%
2011 902.7 Million euro +2.0%
2012 835.1 Million euro -7.5%
2013 746.8 Million euro -10.6%
2014 651.4 Million euro -12.8%
2015 698.8 Million euro +7.3%
2016 681.3 Million euro -2.5%
2017 737.8 Million euro +8.3%
2018 824.7 Million euro +11.8%
2019 1,024 Million euro +24.2%
2020 939.3 Million euro -8.3%
2021 1,104 Million euro +17.5%
2022 1,298 Million euro +17.6%
2023 1,366 Million euro +5.2%
2024 1,476 Million euro +8.1%

Cyprus compared with similar countries

  • Cyprus's 1,476 Million euro is below the median for Europe & Central Asia, which is 20,187 Million euro, 7% of the median. (29 countries reporting)
  • Cyprus's 1,476 Million euro is below the median for high income countries, which is 19,434 Million euro, 8% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where General government expenditure by function in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +112.8% 98.2 Million euro 209 Million euro

Averages by decade

DecadeAverage LowestHighest Years
1990s 242.74 Million euro 97.6 Million euro 425.1 Million euro 5
2000s 650.4 Million euro 363 Million euro 934.1 Million euro 10
2010s 798.78 Million euro 651.4 Million euro 1,024 Million euro 10
2020s 1,236 Million euro 939.3 Million euro 1,476 Million euro 5

Countries ranked near Cyprus

  1. 35 Latvia 2,481 Million euro compare
  2. 35 Latvia 2,481 Million euro compare
  3. 37 Malta 1,714 Million euro compare

See the full ranking of 42 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is general government expenditure by function in Cyprus?
General government expenditure by function in Cyprus was 1,476 Million euro in 2024, according to Eurostat.
What is the highest general government expenditure by function recorded in Cyprus?
The highest recorded value was 1,476 Million euro in 2024.
What is the lowest general government expenditure by function recorded in Cyprus?
The lowest recorded value was 97.6 Million euro in 1995.
How does Cyprus rank for general government expenditure by function?
Cyprus ranks 38th out of 38 countries with data for 2024.
Is general government expenditure by function rising or falling in Cyprus?
Over the last ten years it is up 126.5%. 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 General government expenditure by function (COFOG). Statizoid updates them automatically from the source API.

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General government expenditure by function in Cyprus. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/general-government-expenditure-by-function-cofog/cyprus/

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About this data

Indicator
General government expenditure by function (COFOG)
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
42 places, 1,173 data points, 1990–2025
Last refreshed