Government Spending in Cyprus increased to 984.80 EUR Million in the first quarter of 2020 from 913.90 EUR Million in the fourth quarter of 2019.
Government Spending in Cyprus averaged 734.26 EUR Million from 1995 until 2020, reaching an all time high of 1008.80 EUR Million in the fourth quarter of 2009 and a record low of 402.40 EUR Million in the second quarter of 1995. This page provides - Cyprus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Spending - values, historical data and charts - was last updated on August of 2020.
Government Spending in Cyprus is expected to be 994.83 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Cyprus to stand at 1009.42 in 12 months time. In the long-term, the Cyprus Government Spending is projected to trend around 919.26 EUR Million in 2021 and 945.00 EUR Million in 2022, according to our econometric models.