Military spending, per unit of GDP in Cyprus

Cyprus: Military spending, per unit of GDP was 0.0153 constant 2024 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.0153 constant 2024 US$ per US$ of GDP
Change on year
down 3.3%
World rank
86th
of 160 countries
All-time high
0.1515 constant 2024 US$ per US$ of GDP
in 1992
All-time low
0.0144 constant 2024 US$ per US$ of GDP
in 2014
Years of data
41
1985–2025

Military spending, per unit of GDP in Cyprus, 1985–2025

00.050.10.151985200520251985: 0.037 constant 2024 US$ per US$ of GDP1986: 0.039 constant 2024 US$ per US$ of GDP1987: 0.12 constant 2024 US$ per US$ of GDP1988: 0.119 constant 2024 US$ per US$ of GDP1989: 0.115 constant 2024 US$ per US$ of GDP1990: 0.139 constant 2024 US$ per US$ of GDP1991: 0.133 constant 2024 US$ per US$ of GDP1992: 0.152 constant 2024 US$ per US$ of GDP1993: 0.071 constant 2024 US$ per US$ of GDP1994: 0.067 constant 2024 US$ per US$ of GDP1995: 0.045 constant 2024 US$ per US$ of GDP1996: 0.067 constant 2024 US$ per US$ of GDP1997: 0.088 constant 2024 US$ per US$ of GDP1998: 0.074 constant 2024 US$ per US$ of GDP1999: 0.044 constant 2024 US$ per US$ of GDP2000: 0.05 constant 2024 US$ per US$ of GDP2001: 0.056 constant 2024 US$ per US$ of GDP2002: 0.035 constant 2024 US$ per US$ of GDP2003: 0.027 constant 2024 US$ per US$ of GDP2004: 0.023 constant 2024 US$ per US$ of GDP2005: 0.024 constant 2024 US$ per US$ of GDP2006: 0.022 constant 2024 US$ per US$ of GDP2007: 0.017 constant 2024 US$ per US$ of GDP2008: 0.015 constant 2024 US$ per US$ of GDP2009: 0.017 constant 2024 US$ per US$ of GDP2010: 0.018 constant 2024 US$ per US$ of GDP2011: 0.016 constant 2024 US$ per US$ of GDP2012: 0.016 constant 2024 US$ per US$ of GDP2013: 0.015 constant 2024 US$ per US$ of GDP2014: 0.014 constant 2024 US$ per US$ of GDP2015: 0.019 constant 2024 US$ per US$ of GDP2016: 0.016 constant 2024 US$ per US$ of GDP2017: 0.018 constant 2024 US$ per US$ of GDP2018: 0.019 constant 2024 US$ per US$ of GDP2019: 0.02 constant 2024 US$ per US$ of GDP2020: 0.021 constant 2024 US$ per US$ of GDP2021: 0.019 constant 2024 US$ per US$ of GDP2022: 0.018 constant 2024 US$ per US$ of GDP2023: 0.016 constant 2024 US$ per US$ of GDP2024: 0.016 constant 2024 US$ per US$ of GDP2025: 0.015 constant 2024 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2024 US$ per US$ of GDP.

Analysis

The most recent figure for military spending, per unit of gdp in Cyprus is 0.0153 constant 2024 US$ per US$ of GDP, measured in 2025.

Compared with earlier readings it is down 3.3% on the previous year and down 18.6% over ten years.

Over the whole period, military spending, per unit of gdp in Cyprus peaked at 0.1515 constant 2024 US$ per US$ of GDP in 1992 and was at its lowest, 0.0144 constant 2024 US$ per US$ of GDP, in 2014.

Cyprus ranks 86th of 160 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.

Military spending, per unit of GDP in Cyprus, year by year

Annual values for Military spending, per unit of GDP in Cyprus, 1985 to 2025.
Year constant 2024 US$ per US$ of GDP Change
1985 0.0374 constant 2024 US$ per US$ of GDP
1986 0.039 constant 2024 US$ per US$ of GDP +4.2%
1987 0.1202 constant 2024 US$ per US$ of GDP +208.5%
1988 0.1192 constant 2024 US$ per US$ of GDP -0.8%
1989 0.1148 constant 2024 US$ per US$ of GDP -3.8%
1990 0.1394 constant 2024 US$ per US$ of GDP +21.5%
1991 0.1326 constant 2024 US$ per US$ of GDP -4.9%
1992 0.1515 constant 2024 US$ per US$ of GDP +14.3%
1993 0.0714 constant 2024 US$ per US$ of GDP -52.9%
1994 0.0666 constant 2024 US$ per US$ of GDP -6.7%
1995 0.0447 constant 2024 US$ per US$ of GDP -33.0%
1996 0.0665 constant 2024 US$ per US$ of GDP +48.9%
1997 0.0884 constant 2024 US$ per US$ of GDP +33.0%
1998 0.0735 constant 2024 US$ per US$ of GDP -16.8%
1999 0.0444 constant 2024 US$ per US$ of GDP -39.6%
2000 0.0498 constant 2024 US$ per US$ of GDP +12.2%
2001 0.0565 constant 2024 US$ per US$ of GDP +13.4%
2002 0.0352 constant 2024 US$ per US$ of GDP -37.8%
2003 0.0267 constant 2024 US$ per US$ of GDP -24.0%
2004 0.0233 constant 2024 US$ per US$ of GDP -12.7%
2005 0.0238 constant 2024 US$ per US$ of GDP +2.1%
2006 0.0215 constant 2024 US$ per US$ of GDP -9.6%
2007 0.0171 constant 2024 US$ per US$ of GDP -20.6%
2008 0.0147 constant 2024 US$ per US$ of GDP -14.0%
2009 0.0172 constant 2024 US$ per US$ of GDP +17.2%
2010 0.018 constant 2024 US$ per US$ of GDP +4.8%
2011 0.0156 constant 2024 US$ per US$ of GDP -13.5%
2012 0.0157 constant 2024 US$ per US$ of GDP +0.8%
2013 0.0148 constant 2024 US$ per US$ of GDP -5.7%
2014 0.0144 constant 2024 US$ per US$ of GDP -2.7%
2015 0.0188 constant 2024 US$ per US$ of GDP +30.6%
2016 0.0163 constant 2024 US$ per US$ of GDP -13.3%
2017 0.0178 constant 2024 US$ per US$ of GDP +8.8%
2018 0.0187 constant 2024 US$ per US$ of GDP +5.2%
2019 0.0199 constant 2024 US$ per US$ of GDP +6.4%
2020 0.021 constant 2024 US$ per US$ of GDP +5.7%
2021 0.0186 constant 2024 US$ per US$ of GDP -11.3%
2022 0.0185 constant 2024 US$ per US$ of GDP -0.8%
2023 0.0162 constant 2024 US$ per US$ of GDP -12.2%
2024 0.0158 constant 2024 US$ per US$ of GDP -2.5%
2025 0.0153 constant 2024 US$ per US$ of GDP -3.3%

Cyprus compared with similar countries

  • Cyprus's 0.0153 constant 2024 US$ per US$ of GDP is below the median for high income countries, which is 0.0197 constant 2024 US$ per US$ of GDP, 78% of the median. (54 countries reporting)
  • Cyprus's 0.0153 constant 2024 US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.019 constant 2024 US$ per US$ of GDP, 81% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Military spending, per unit of GDP 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
1987 +208.5% 0.039 constant 2024 US$ per US$ of GDP 0.1202 constant 2024 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0861 constant 2024 US$ per US$ of GDP 0.0374 constant 2024 US$ per US$ of GDP 0.1202 constant 2024 US$ per US$ of GDP 5
1990s 0.0879 constant 2024 US$ per US$ of GDP 0.0444 constant 2024 US$ per US$ of GDP 0.1515 constant 2024 US$ per US$ of GDP 10
2000s 0.0286 constant 2024 US$ per US$ of GDP 0.0147 constant 2024 US$ per US$ of GDP 0.0565 constant 2024 US$ per US$ of GDP 10
2010s 0.017 constant 2024 US$ per US$ of GDP 0.0144 constant 2024 US$ per US$ of GDP 0.0199 constant 2024 US$ per US$ of GDP 10
2020s 0.0176 constant 2024 US$ per US$ of GDP 0.0153 constant 2024 US$ per US$ of GDP 0.021 constant 2024 US$ per US$ of GDP 6

Countries ranked near Cyprus

  1. 83 Togo 0.0161 constant 2024 US$ per US$ of GDP compare
  2. 84 Portugal 0.0159 constant 2024 US$ per US$ of GDP compare
  3. 85 Gabon 0.0157 constant 2024 US$ per US$ of GDP compare
  4. 87 Somalia 0.0148 constant 2024 US$ per US$ of GDP compare
  5. 88 Honduras 0.0147 constant 2024 US$ per US$ of GDP compare
  6. 89 Lesotho 0.0145 constant 2024 US$ per US$ of GDP compare

See the full ranking of 160 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is military spending, per unit of gdp in Cyprus?
Military spending, per unit of gdp in Cyprus was 0.0153 constant 2024 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest military spending, per unit of gdp recorded in Cyprus?
The highest recorded value was 0.1515 constant 2024 US$ per US$ of GDP in 1992.
What is the lowest military spending, per unit of gdp recorded in Cyprus?
The lowest recorded value was 0.0144 constant 2024 US$ per US$ of GDP in 2014.
How does Cyprus rank for military spending, per unit of gdp?
Cyprus ranks 86th out of 160 countries with data for 2025.
Is military spending, per unit of gdp rising or falling in Cyprus?
Over the last ten years it is down 18.6%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Statizoid (derived), published as part of Military spending, per unit of GDP. Statizoid updates them automatically from the source API.

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Military spending, per unit of GDP in Cyprus. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-per-unit-of-gdp/cyprus/

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How this figure is calculated

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military spending ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.