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.