Government Budget in Cyprus averaged -2.92 percent of GDP from 1995 until 2020, reaching an all time high of 3.20 percent of GDP in 2007 and a record low of -8.80 percent of GDP in 2014. This page provides - Cyprus Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Budget - values, historical data and charts - was last updated on March of 2023.
Government Budget in Cyprus is expected to reach 1.30 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Budget is projected to trend around 1.50 percent of GDP in 2024 and 1.60 percent of GDP in 2025, according to our econometric models.