VAT rate by COICOP consumption purpose - experimental statistics in Cyprus
Cyprus: VAT rate by COICOP consumption purpose - experimental statistics was 5.0% in 2021. ▼ Falling
Latest (2021)
5.0%
Change on year
unchanged
World rank
16th
of 37 countries
All-time high
5.4%
in 2008
All-time low
5.0%
in 2013
Years of data
14
2008–2021
VAT rate by COICOP consumption purpose - experimental statistics in Cyprus, 2008–2021
Source: Eurostat. Measured in Percentage.
Analysis
In 2021, vat rate by coicop consumption purpose - experimental statistics in Cyprus stood at 5.0%. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 7.4% over ten years.
Over the whole period, vat rate by coicop consumption purpose - experimental statistics in Cyprus peaked at 5.4% in 2008 and was at its lowest, 5.0%, in 2013.
Cyprus ranks 16th of 37 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
VAT rate by COICOP consumption purpose - experimental statistics in Cyprus, year by year
| Year | Percentage | Change |
|---|---|---|
| 2008 | 5.4% | — |
| 2009 | 5.4% | +0.0% |
| 2010 | 5.4% | +0.0% |
| 2011 | 5.4% | +0.0% |
| 2012 | 5.4% | +0.0% |
| 2013 | 5.0% | -7.4% |
| 2014 | 5.0% | +0.0% |
| 2015 | 5.0% | +0.0% |
| 2016 | 5.0% | +0.0% |
| 2017 | 5.0% | +0.0% |
| 2018 | 5.0% | +0.0% |
| 2019 | 5.0% | +0.0% |
| 2020 | 5.0% | +0.0% |
| 2021 | 5.0% | +0.0% |
Cyprus compared with similar countries
- Cyprus's 5.0% is above the median for Europe & Central Asia, which is 5.0%, 1.0× the median. (27 countries reporting)
- Cyprus's 5.0% is above the median for high income countries, which is 5.0%, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 5.4% | 5.4% | 2 |
| 2010s | 5.1% | 5.0% | 5.4% | 10 |
| 2020s | 5.0% | 5.0% | 5.0% | 2 |
Countries ranked near Cyprus
- 14 Sweden 8.8% compare
- 15 Portugal 6.0% compare
- 16 Austria 5.0% compare
- 16 Croatia 5.0% compare
- 16 Hungary 5.0% compare
- 16 Latvia 5.0% compare
- 16 Poland 5.0% compare
- 16 Romania 5.0% compare
- 16 Slovenia 5.0% compare
- 16 Croatia 5.0% compare
- 16 Latvia 5.0% compare
- 16 Poland 5.0% compare
- 16 Slovenia 5.0% 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 vat rate by coicop consumption purpose - experimental statistics in Cyprus?
- Vat rate by coicop consumption purpose - experimental statistics in Cyprus was 5.0% in 2021, according to Eurostat.
- What is the highest vat rate by coicop consumption purpose - experimental statistics recorded in Cyprus?
- The highest recorded value was 5.4% in 2008.
- What is the lowest vat rate by coicop consumption purpose - experimental statistics recorded in Cyprus?
- The lowest recorded value was 5.0% in 2013.
- How does Cyprus rank for vat rate by coicop consumption purpose - experimental statistics?
- Cyprus ranks 16th out of 37 countries with data for 2021.
- Is vat rate by coicop consumption purpose - experimental statistics rising or falling in Cyprus?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of VAT rate by COICOP consumption purpose - experimental statistics. Statizoid updates them automatically from the source API.
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