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
30th
of 30 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 30th out of 30 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.

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. 27 Estonia 2,500 Million euro compare
  2. 28 Latvia 2,481 Million euro compare
  3. 29 Malta 1,714 Million euro compare

See the full ranking of 34 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 30th out of 30 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.

Download this data

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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
34 places, 948 data points, 1990–2025
Last refreshed