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 January of 2022.
Government Budget in Cyprus is expected to reach -3.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Budget is projected to trend around -1.00 percent of GDP in 2022 and -0.60 percent of GDP in 2023, according to our econometric models.