Military spending in Cyprus
Cyprus: Military spending was 631.51 million constant 2024 US$ in 2025. ▼ Falling
Latest (2025)
631.51 million constant 2024 US$
Change on year
up 6.0%
World rank
97th
of 162 countries
All-time high
1.05 billion constant 2024 US$
in 1992
All-time low
90.87 million constant 2024 US$
in 1985
Years of data
41
1985–2025
Military spending in Cyprus, 1985–2025
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.
Analysis
Cyprus recorded 631.51 million constant 2024 US$ for military spending in 2025.
That represents a change of up 6.0% on the previous year and up 68.5% over ten years.
Over the whole period, military spending in Cyprus peaked at 1.05 billion constant 2024 US$ in 1992 and was at its lowest, 90.87 million constant 2024 US$, in 1985.
Cyprus ranks 97th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Military spending in Cyprus, year by year
| Year | constant 2024 US$ | Change |
|---|---|---|
| 1985 | 90.87 million constant 2024 US$ | — |
| 1986 | 120.39 million constant 2024 US$ | +32.5% |
| 1987 | 445.20 million constant 2024 US$ | +269.8% |
| 1988 | 510.23 million constant 2024 US$ | +14.6% |
| 1989 | 523.74 million constant 2024 US$ | +2.6% |
| 1990 | 779.42 million constant 2024 US$ | +48.8% |
| 1991 | 765.10 million constant 2024 US$ | -1.8% |
| 1992 | 1.05 billion constant 2024 US$ | +36.9% |
| 1993 | 470.48 million constant 2024 US$ | -55.1% |
| 1994 | 494.69 million constant 2024 US$ | +5.1% |
| 1995 | 443.67 million constant 2024 US$ | -10.3% |
| 1996 | 665.84 million constant 2024 US$ | +50.1% |
| 1997 | 844.29 million constant 2024 US$ | +26.8% |
| 1998 | 753.69 million constant 2024 US$ | -10.7% |
| 1999 | 466.10 million constant 2024 US$ | -38.2% |
| 2000 | 497.48 million constant 2024 US$ | +6.7% |
| 2001 | 587.38 million constant 2024 US$ | +18.1% |
| 2002 | 401.55 million constant 2024 US$ | -31.6% |
| 2003 | 388.64 million constant 2024 US$ | -3.2% |
| 2004 | 403.79 million constant 2024 US$ | +3.9% |
| 2005 | 438.75 million constant 2024 US$ | +8.7% |
| 2006 | 431.70 million constant 2024 US$ | -1.6% |
| 2007 | 409.21 million constant 2024 US$ | -5.2% |
| 2008 | 410.57 million constant 2024 US$ | +0.3% |
| 2009 | 448.21 million constant 2024 US$ | +9.2% |
| 2010 | 465.05 million constant 2024 US$ | +3.8% |
| 2011 | 430.88 million constant 2024 US$ | -7.3% |
| 2012 | 393.39 million constant 2024 US$ | -8.7% |
| 2013 | 354.94 million constant 2024 US$ | -9.8% |
| 2014 | 334.72 million constant 2024 US$ | -5.7% |
| 2015 | 374.82 million constant 2024 US$ | +12.0% |
| 2016 | 343.47 million constant 2024 US$ | -8.4% |
| 2017 | 407.49 million constant 2024 US$ | +18.6% |
| 2018 | 481.27 million constant 2024 US$ | +18.1% |
| 2019 | 520.96 million constant 2024 US$ | +8.2% |
| 2020 | 536.97 million constant 2024 US$ | +3.1% |
| 2021 | 566.23 million constant 2024 US$ | +5.4% |
| 2022 | 577.27 million constant 2024 US$ | +2.0% |
| 2023 | 569.64 million constant 2024 US$ | -1.3% |
| 2024 | 596.02 million constant 2024 US$ | +4.6% |
| 2025 | 631.51 million constant 2024 US$ | +6.0% |
Cyprus compared with similar countries
- Cyprus's 631.51 million constant 2024 US$ is below the median for high income countries, which is 6.82 billion constant 2024 US$, 9% of the median. (54 countries reporting)
- Cyprus's 631.51 million constant 2024 US$ is below the median for Europe & Central Asia, which is 2.80 billion constant 2024 US$, 23% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Military spending in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +269.8% | 120.39 million constant 2024 US$ | 445.20 million constant 2024 US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 338.08 million constant 2024 US$ | 90.87 million constant 2024 US$ | 523.74 million constant 2024 US$ | 5 |
| 1990s | 673.05 million constant 2024 US$ | 443.67 million constant 2024 US$ | 1.05 billion constant 2024 US$ | 10 |
| 2000s | 441.73 million constant 2024 US$ | 388.64 million constant 2024 US$ | 587.38 million constant 2024 US$ | 10 |
| 2010s | 410.70 million constant 2024 US$ | 334.72 million constant 2024 US$ | 520.96 million constant 2024 US$ | 10 |
| 2020s | 579.61 million constant 2024 US$ | 536.97 million constant 2024 US$ | 631.51 million constant 2024 US$ | 6 |
Countries ranked near Cyprus
- 94 Cote d'Ivoire 721.09 million constant 2024 US$ compare
- 95 Cambodia 716.30 million constant 2024 US$ compare
- 96 Georgia 637.21 million constant 2024 US$ compare
- 98 Guatemala 616.47 million constant 2024 US$ compare
- 99 Chad 598.32 million constant 2024 US$ compare
- 100 Botswana 594.86 million constant 2024 US$ compare
More reference data data for Cyprus
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)
Frequently asked questions
- What is military spending in Cyprus?
- Military spending in Cyprus was 631.51 million constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
- What is the highest military spending recorded in Cyprus?
- The highest recorded value was 1.05 billion constant 2024 US$ in 1992.
- What is the lowest military spending recorded in Cyprus?
- The lowest recorded value was 90.87 million constant 2024 US$ in 1985.
- How does Cyprus rank for military spending?
- Cyprus ranks 97th out of 162 countries with data for 2025.
- Is military spending rising or falling in Cyprus?
- Over the last ten years it is up 68.5%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.