Military spending in Cyprus
Cyprus: Military spending was 662.13 million constant 2022 US$ in 2023. ◆ Volatile
Military spending in Cyprus, 1960–2023
Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.
Analysis
In 2023, military spending in Cyprus stood at 662.13 million constant 2022 US$.
That represents a change of up 4.1% on the previous year and up 33.4% over ten years.
Over the whole period, military spending in Cyprus peaked at 761.07 million constant 2022 US$ in 1997 and was at its lowest, 30.99 million constant 2022 US$, in 1963.
Cyprus ranks 98th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.69 million constant 2022 US$ | 30.99 million constant 2022 US$ | 61.22 million constant 2022 US$ | 10 |
| 1970s | 64.33 million constant 2022 US$ | 45.73 million constant 2022 US$ | 77.93 million constant 2022 US$ | 10 |
| 1980s | 180.95 million constant 2022 US$ | 72.66 million constant 2022 US$ | 362.37 million constant 2022 US$ | 10 |
| 1990s | 633.64 million constant 2022 US$ | 474.16 million constant 2022 US$ | 761.07 million constant 2022 US$ | 10 |
| 2000s | 461.61 million constant 2022 US$ | 385.10 million constant 2022 US$ | 586.51 million constant 2022 US$ | 10 |
| 2010s | 489.08 million constant 2022 US$ | 408.76 million constant 2022 US$ | 567.00 million constant 2022 US$ | 10 |
| 2020s | 622.63 million constant 2022 US$ | 588.70 million constant 2022 US$ | 662.13 million constant 2022 US$ | 4 |
Countries ranked near Cyprus
- 95 Cote d'Ivoire 800.77 million constant 2022 US$ compare
- 96 Burkina Faso 793.65 million constant 2022 US$ compare
- 97 Bolivia 713.62 million constant 2022 US$ compare
- 100 Democratic Republic of Congo 640.30 million constant 2022 US$ compare
- 101 Botswana 639.15 million constant 2022 US$ compare
More reference data data for Cyprus
- Spring temperature anomalies -0.8809 °C (2026)
- Summer temperature anomalies -0.3996 °C (2026)
- Temperature anomalies by month 0.2713 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.1512 °C (2025)
- Winter temperature anomalies 0.8299 °C (2025)
- Consumer price index 119.37 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military spending in Cyprus?
- Military spending in Cyprus was 662.13 million constant 2022 US$ in 2023, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Cyprus?
- The highest recorded value was 761.07 million constant 2022 US$ in 1997.
- What is the lowest military spending recorded in Cyprus?
- The lowest recorded value was 30.99 million constant 2022 US$ in 1963.
- How does Cyprus rank for military spending?
- Cyprus ranks 98th out of 172 countries with data for 2023.
- Is military spending rising or falling in Cyprus?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
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About this data
This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.