Gross and net expenditure on social benefits by function in Cyprus

Cyprus: Gross and net expenditure on social benefits by function was 6,096 in 2023. ▲ Rising

Latest (2023)
6,096
Change on year
up 3.4%
World rank
33rd
of 35 countries
All-time high
6,096
in 2023
All-time low
2,823
in 2007
Years of data
17
2007–2023

Gross and net expenditure on social benefits by function in Cyprus, 2007–2023

02.0k4.0k6.0k2007201520232007: 2.8k2008: 3.2k2009: 3.5k2010: 3.6k2011: 3.8k2012: 3.9k2013: 3.8k2014: 3.4k2015: 3.5k2016: 3.6k2017: 3.6k2018: 3.7k2019: 4.2k2020: 5.3k2021: 5.4k2022: 5.9k2023: 6.1k

Source: Eurostat.

Analysis

In 2023, gross and net expenditure on social benefits by function in Cyprus stood at 6,096. That is the highest value across all 17 years on record.

That represents a change of up 3.4% on the previous year and up 62.1% over ten years.

Over the whole period, gross and net expenditure on social benefits by function in Cyprus peaked at 6,096 in 2023 and was at its lowest, 2,823, in 2007.

That places Cyprus 33rd out of 35 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 3,170 2,823 3,503 3
2010s 3,704 3,438 4,208 10
2020s 5,683 5,297 6,096 4

Countries ranked near Cyprus

  1. 30 Bosnia and Herzegovina 9,950 compare
  2. 31 Latvia 6,991 compare
  3. 32 Estonia 6,484 compare
  4. 34 Malta 2,740 compare
  5. 35 Montenegro 1,236 compare

See the full ranking of 35 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is gross and net expenditure on social benefits by function in Cyprus?
Gross and net expenditure on social benefits by function in Cyprus was 6,096 in 2023, according to Eurostat.
What is the highest gross and net expenditure on social benefits by function recorded in Cyprus?
The highest recorded value was 6,096 in 2023.
What is the lowest gross and net expenditure on social benefits by function recorded in Cyprus?
The lowest recorded value was 2,823 in 2007.
How does Cyprus rank for gross and net expenditure on social benefits by function?
Cyprus ranks 33rd out of 35 countries with data for 2023.
Is gross and net expenditure on social benefits by function rising or falling in Cyprus?
Over the last ten years it is up 62.1%. 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 Gross and net expenditure on social benefits by function. Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross and net expenditure on social benefits by function
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
35 places, 572 data points, 2007–2023
Last refreshed