Government expenditure on tertiary education, constant US$ in Cyprus

Cyprus: Government expenditure on tertiary education, constant US$ was 262.79 millions in 2017. ◆ Volatile

Latest (2017)
262.79 millions
Change on year
down 5.4%
World rank
84th
of 153 countries
All-time high
402.41 millions
in 2009
All-time low
4.54 millions
in 1976
Years of data
38
1975–2017

Government expenditure on tertiary education, constant US$ in Cyprus, 1975–2017

01002003004001975199620171975: 4.9 millions1976: 4.5 millions1977: 5.4 millions1978: 8.8 millions1979: 8.5 millions1980: 7.9 millions1981: 8.3 millions1982: 8.7 millions1984: 10.5 millions1985: 11.4 millions1986: 11.3 millions1987: 12.7 millions1988: 12.3 millions1989: 12.4 millions1990: 13 millions1991: 14.1 millions1992: 26.8 millions1993: 26.9 millions1994: 31.2 millions1995: 34.7 millions1999: 105.7 millions2000: 136 millions2001: 108.6 millions2002: 138.2 millions2003: 249.8 millions2004: 249.1 millions2005: 278.7 millions2006: 302.4 millions2007: 312.5 millions2008: 371.6 millions2009: 402.4 millions2010: 296 millions2011: 296.8 millions2013: 290.9 millions2014: 263.8 millions2015: 267 millions2016: 277.9 millions2017: 262.8 millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, constant us$ in Cyprus is 262.79 millions, measured in 2017.

That represents a change of down 5.4% on the previous year and down 15.9% over ten years.

Over the whole period, government expenditure on tertiary education, constant us$ in Cyprus peaked at 402.41 millions in 2009 and was at its lowest, 4.54 millions, in 1976.

That places Cyprus 84th out of 153 countries with data for 2017, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Government expenditure on tertiary education, constant US$ in Cyprus, year by year

Annual values for Government expenditure on tertiary education, constant US$ (millions) in Cyprus, 1975 to 2017.
Year millions Change
1975 4.93 millions —
1976 4.54 millions -7.9%
1977 5.35 millions +18.0%
1978 8.81 millions +64.5%
1979 8.52 millions -3.3%
1980 7.9 millions -7.3%
1981 8.33 millions +5.6%
1982 8.7 millions +4.4%
1984 10.54 millions +21.2%
1985 11.41 millions +8.3%
1986 11.3 millions -1.0%
1987 12.67 millions +12.1%
1988 12.28 millions -3.1%
1989 12.38 millions +0.8%
1990 12.98 millions +4.9%
1991 14.14 millions +8.9%
1992 26.83 millions +89.7%
1993 26.86 millions +0.1%
1994 31.17 millions +16.0%
1995 34.68 millions +11.3%
1999 105.75 millions +204.9%
2000 136.03 millions +28.6%
2001 108.57 millions -20.2%
2002 138.25 millions +27.3%
2003 249.77 millions +80.7%
2004 249.15 millions -0.2%
2005 278.73 millions +11.9%
2006 302.45 millions +8.5%
2007 312.55 millions +3.3%
2008 371.6 millions +18.9%
2009 402.41 millions +8.3%
2010 295.96 millions -26.5%
2011 296.82 millions +0.3%
2013 290.94 millions -2.0%
2014 263.77 millions -9.3%
2015 267.02 millions +1.2%
2016 277.87 millions +4.1%
2017 262.79 millions -5.4%

Cyprus compared with similar countries

  • Cyprus's 262.79 millions is below the median for high income countries, which is 1,521 millions, 17% of the median. (59 countries reporting)
  • Cyprus's 262.79 millions is below the median for Europe & Central Asia, which is 942.05 millions, 28% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Government expenditure on tertiary education, constant US$ 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
1999 +204.9% 34.68 millions 105.75 millions
1992 +89.7% 14.14 millions 26.83 millions
2003 +80.7% 138.25 millions 249.77 millions

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.43 millions 4.54 millions 8.81 millions 5
1980s 10.61 millions 7.9 millions 12.67 millions 9
1990s 36.06 millions 12.98 millions 105.75 millions 7
2000s 254.95 millions 108.57 millions 402.41 millions 10
2010s 279.31 millions 262.79 millions 296.82 millions 7

Countries ranked near Cyprus

  1. 81 Paraguay 298.08 millions compare
  2. 82 Tanzania 297.74 millions compare
  3. 83 Luxembourg 295.31 millions compare
  4. 85 Cote d'Ivoire 251.63 millions compare
  5. 86 Zimbabwe 212.09 millions compare
  6. 87 Latvia 210.34 millions compare

See the full ranking of 153 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is government expenditure on tertiary education, constant us$ in Cyprus?
Government expenditure on tertiary education, constant us$ in Cyprus was 262.79 millions in 2017, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, constant us$ recorded in Cyprus?
The highest recorded value was 402.41 millions in 2009.
What is the lowest government expenditure on tertiary education, constant us$ recorded in Cyprus?
The lowest recorded value was 4.54 millions in 1976.
How does Cyprus rank for government expenditure on tertiary education, constant us$?
Cyprus ranks 84th out of 153 countries with data for 2017.
Is government expenditure on tertiary education, constant us$ rising or falling in Cyprus?
Over the last ten years it is down 15.9%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, constant US$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, constant US$ in Cyprus. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/government-expenditure-on-tertiary-education-constant-us-millions/cyprus/

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About this data

Indicator
Government expenditure on tertiary education, constant US$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,093 data points, 1970–2019
Last refreshed

Total general (local, regional and central) government expenditure on tertiary education (current, capital, and transfers) in millions US$ in constant value (taking into account inflation). It includes expenditure funded by transfers from international sources to government. Total government expenditure for a given level of education (e.g. primary, secondary, or all levels combined) in national currency is converted to US$, and where it is expressed in constant value, uses a GDP deflator to account for inflation. The constant prices base year is normally three years before the year of the data release. For example, in the July 2017 data release, constant US$ values are expressed in 2014 prices. Limitations: In some instances data on total government expenditure on education refers only to the Ministry of Education, excluding other ministries which may also spend a part of their budget on educational activities. For more information, consult the UNESCO Institute of Statistics website: http://www.uis.unesco.org/Education/