Table of taxes less subsidies on product in Cyprus

Cyprus: Table of taxes less subsidies on product was 864.63 Million euro in 2022. ▲ Rising

Latest (2022)
864.63 Million euro
Change on year
up 14.7%
World rank
19th
of 22 countries
All-time high
864.63 Million euro
in 2022
All-time low
531.87 Million euro
in 2015
Years of data
13
2010–2022

Table of taxes less subsidies on product in Cyprus, 2010–2022

02004006008002010201620222010: 554.4 Million euro2011: 558.7 Million euro2012: 560.1 Million euro2013: 554.6 Million euro2014: 596.3 Million euro2015: 531.9 Million euro2016: 554 Million euro2017: 582.3 Million euro2018: 680.2 Million euro2019: 700.2 Million euro2020: 607 Million euro2021: 753.6 Million euro2022: 864.6 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2022, table of taxes less subsidies on product in Cyprus stood at 864.63 Million euro. That is the highest value across all 13 years on record.

The figure is up 14.7% on the previous year and up 54.4% over ten years.

Over the whole period, table of taxes less subsidies on product in Cyprus peaked at 864.63 Million euro in 2022 and was at its lowest, 531.87 Million euro, in 2015.

Cyprus ranks 19th of 22 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 13 years of available data.

Table of taxes less subsidies on product in Cyprus, year by year

Annual values for Table of taxes less subsidies on product in Cyprus, 2010 to 2022.
Year Million euro Change
2010 554.44 Million euro —
2011 558.68 Million euro +0.8%
2012 560.12 Million euro +0.3%
2013 554.62 Million euro -1.0%
2014 596.28 Million euro +7.5%
2015 531.87 Million euro -10.8%
2016 554.03 Million euro +4.2%
2017 582.27 Million euro +5.1%
2018 680.19 Million euro +16.8%
2019 700.19 Million euro +2.9%
2020 607.05 Million euro -13.3%
2021 753.57 Million euro +24.1%
2022 864.63 Million euro +14.7%

Cyprus compared with similar countries

  • Cyprus's 864.63 Million euro is below the median for Europe & Central Asia, which is 8,312 Million euro, 10% of the median. (17 countries reporting)
  • Cyprus's 864.63 Million euro is below the median for high income countries, which is 8,247 Million euro, 10% of the median. (18 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 587.27 Million euro 531.87 Million euro 700.19 Million euro 10
2020s 741.75 Million euro 607.05 Million euro 864.63 Million euro 3

Countries ranked near Cyprus

  1. 17 Estonia 963.4 Million euro compare
  2. 17 Estonia 963.4 Million euro compare
  3. 20 Lithuania 678.59 Million euro compare
  4. 20 Lithuania 678.59 Million euro compare
  5. 22 Malta 359.75 Million euro compare

See the full ranking of 22 places →

More reference data data for Cyprus

All data for Cyprus →

Frequently asked questions

What is table of taxes less subsidies on product in Cyprus?
Table of taxes less subsidies on product in Cyprus was 864.63 Million euro in 2022, according to Eurostat.
What is the highest table of taxes less subsidies on product recorded in Cyprus?
The highest recorded value was 864.63 Million euro in 2022.
What is the lowest table of taxes less subsidies on product recorded in Cyprus?
The lowest recorded value was 531.87 Million euro in 2015.
How does Cyprus rank for table of taxes less subsidies on product?
Cyprus ranks 19th out of 22 countries with data for 2022.
Is table of taxes less subsidies on product rising or falling in Cyprus?
Over the last ten years it is up 54.4%. 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 Table of taxes less subsidies on product. Statizoid updates them automatically from the source API.

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Table of taxes less subsidies on product in Cyprus. Statizoid, drawing on Eurostat. Retrieved 25 September 2026, from https://reference.statizoid.com/stat/table-of-taxes-less-subsidies-on-product/cyprus/

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About this data

Indicator
Table of taxes less subsidies on product
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
22 places, 274 data points, 1991–2024
Last refreshed