Cyprus recorded a Government Debt to GDP of 118.20 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT

Government Debt to GDP in Cyprus averaged 72.09 percent from 1995 until 2020, reaching an all time high of 118.20 percent in 2020 and a record low of 45.50 percent in 2008. This page provides - Cyprus Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Debt to GDP - values, historical data and charts - was last updated on May of 2021.

Government Debt to GDP in Cyprus is expected to reach 107.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Debt to GDP is projected to trend around 108.00 percent in 2022, according to our econometric models.

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Cyprus Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
118.20 94.00 118.20 45.50 1995 - 2020 percent Yearly

Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 118.20 94.00 118.20 45.50 percent [+]
Government Budget -5.70 1.50 3.20 -8.80 percent of GDP [+]
Government Budget Value -72.40 -795.10 417.30 -1522.40 EUR Million [+]
Government Spending 1102.20 1087.90 1102.20 414.70 EUR Million [+]
Government Spending to GDP 39.50 43.40 49.40 30.90 percent [+]
Government Revenues 2216.00 1415.80 2534.90 461.80 EUR Million [+]
Fiscal Expenditure 2288.40 2374.50 3445.80 475.10 EUR Million [+]
Credit Rating 50.00 [+]
Military Expenditure 420.00 445.00 980.00 85.00 USD Million [+]
Asylum Applications 790.00 30.00 1340.00 30.00 persons [+]


Cyprus Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.