Government Spending in Cyprus decreased to 854.60 EUR Million in the first quarter of 2019 from 896.70 EUR Million in the fourth quarter of 2018. Government Spending in Cyprus averaged 620.06 EUR Million from 1995 until 2019, reaching an all time high of 896.70 EUR Million in the fourth quarter of 2018 and a record low of 357.30 EUR Million in the first quarter of 1995.

Government Spending in Cyprus is expected to be 802.68 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 928.08 in 12 months time. In the long-term, the Cyprus Government Spending is projected to trend around 990.34 EUR Million in 2020, according to our econometric models.

Cyprus Government Spending
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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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Cyprus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Spending - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
854.60 896.70 896.70 357.30 1995 - 2019 EUR Million Quarterly
Constant Prices 2005, SA




Country Last Previous
Argentina 90795.00 Mar/19
Australia 90142.00 Mar/19
Brazil 105533.40 May/19
Canada 422881.00 Mar/19
China 220906.00 Dec/18
Euro Area 546.04 Mar/19
France 136607.00 Mar/19
Germany 143.22 Mar/19
India 3686.66 Mar/19
Indonesia 153652.73 Mar/19
Italy 78566.20 Mar/19
Japan 107734.40 Mar/19
Mexico 2143950.00 Mar/19
Netherlands 45186.00 Mar/19
Russia 4035.60 Mar/19
Saudi Arabia 151611.00 Mar/19
Singapore 12422.70 Mar/19
South Africa 645563.00 Mar/19
South Korea 74118.60 Mar/19
Spain 56967.00 Mar/19
Switzerland 19991.24 Mar/19
Turkey 57997834.60 Mar/19
United Kingdom 93644.00 Mar/19
United States 3211.03 Mar/19


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