Cyprus recorded a government budget deficit of 1050 EUR Million in the third quarter of 2018. Government Budget Value in Cyprus averaged -110.65 EUR Million from 1995 until 2018, reaching an all time high of 398.10 EUR Million in the third quarter of 2017 and a record low of -1522.40 EUR Million in the first quarter of 2014.

Cyprus Government Budget Value
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Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 102.50 95.80 108.00 45.60 percent [+]
Government Budget -4.80 1.80 3.20 -9.00 percent of GDP [+]
Government Budget Value -1050.00 -18.70 398.10 -1522.40 EUR Million [+]
Government Spending 854.60 896.70 896.70 357.30 EUR Million [+]
Government Spending to GDP 44.70 37.40 48.80 30.90 percent [+]
Government Revenues 2092.00 2374.10 2374.10 461.80 EUR Million [+]
Fiscal Expenditure 1639.60 2485.90 3097.40 475.10 EUR Million [+]
Military Expenditure 360.00 357.00 918.00 79.60 USD Million [+]
Credit Rating 36.25 [+]
Asylum Applications 805.00 1085.00 1085.00 65.00 persons [+]


Cyprus Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Cyprus Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Budget Value - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1050.00 -18.70 398.10 -1522.40 1995 - 2018 EUR Million Quarterly
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