Public budgets

Cyprus: public budget

What Cyprus's government raised and what it spent it on, from the figures its own budget laws or a statistics office publish. Solon places every figure on the same international classification, so it can be compared with any other place.

General government, 2024

Outturn: what came in and was spent

General government: central, state and local government and social security funds together, consolidated so that money passed between them is counted once, as Eurostat's government finance statistics (ESA 2010) count it.

Amounts in USD, converted from EUR at 2024's average rate (Eurostat).

Revenue
$15.97B · 42.5% of GDP
Spending
$14.41B · 38.3% of GDP
Surplus (+) or deficit (−)
$1.56B · 4.2% of GDP

What the money is spent on

Cyprus, 2024: spending by function, as a share of all spending
Cyprus, 2024: spending by function, as a share of all spending
RowValue (%)ShareNote
Social protection32.3$4.65B
Health16$2.3B
General public services13.7$1.98B
Education13.2$1.9B
Economic affairs7.4$1.07B
Housing and community amenities5.4$776.62M
Defence4.7$678.23M
Public order and safety4.4$634.72M
Environmental protection1.5$211.07M
Recreation, culture and religion1.4$205.22M
Social protection$4.65B
Social protection, in detail, as a share of it
Social protection, in detail, as a share of it
RowValue (%)ShareNote
Old age62.4$2.9B
Family and children14.9$691.11M
Survivors10.7$499.2M
Sickness and disability4.3$201.87M
Social exclusion n.e.c.3.4$158.79M
Unemployment2.8$131.4M
Social protection n.e.c.1.1$51.96M
Housing0.3$11.8M
R&D Social protection0$0
Health$2.3B
Health, in detail, as a share of it
Health, in detail, as a share of it
RowValue (%)ShareNote
Hospital services55.9$1.29B
Outpatient services27.6$636.45M
Medical products, appliances and equipment14.1$323.85M
Public health services1.6$35.94M
Health n.e.c.0.5$10.93M
R&D Health0.3$8.01M
General public services$1.98B
General public services, in detail, as a share of it
General public services, in detail, as a share of it
RowValue (%)ShareNote
Executive and legislative organs, financial and fiscal affairs, external affairs46.3$917.44M
Public debt transactions23.7$469.76M
General services20.1$398.97M
Basic research8$159M
General public services n.e.c.1.3$25.87M
Foreign economic aid0.4$7.9M
R&D General public services0.1$2.06M
Transfers of a general character between different levels of government0$0
Education$1.9B
Education, in detail, as a share of it
Education, in detail, as a share of it
RowValue (%)ShareNote
Pre-primary and primary education35.1$666.11M
Secondary education33.7$639.05M
Tertiary education18.4$348.21M
Subsidiary services to education6.2$117.22M
Education not definable by level5.9$111.6M
Education n.e.c.0.7$13.75M
Post-secondary non-tertiary education0$432.96K
R&D Education0$0
Economic affairs$1.07B
Economic affairs, in detail, as a share of it
Economic affairs, in detail, as a share of it
RowValue (%)ShareNote
Transport29.7$318.55M
Agriculture, forestry, fishing and hunting19.6$209.99M
General economic, commercial and labour affairs17.5$187.9M
Fuel and energy13.3$142.77M
Other industries13.2$141.36M
Communication3.8$40.91M
R&D Economic affairs2.5$27.17M
Mining, manufacturing and construction0.4$4.44M
Economic affairs n.e.c.0$0
Housing and community amenities$776.62M
Housing and community amenities, in detail, as a share of it
Housing and community amenities, in detail, as a share of it
RowValue (%)ShareNote
Community development44.2$343.23M
Water supply37.3$289.33M
Housing development11.3$87.78M
Street lighting6$46.54M
Housing and community amenities n.e.c.1.3$9.74M
R&D Housing and community amenities0$0
Defence$678.23M
Defence, in detail, as a share of it
Defence, in detail, as a share of it
RowValue (%)ShareNote
Military defence95.9$650.74M
Foreign military aid2.8$18.94M
Civil defence1.3$8.55M
R&D Defence0$0
Defence n.e.c.0$0
Public order and safety$634.72M
Public order and safety, in detail, as a share of it
Public order and safety, in detail, as a share of it
RowValue (%)ShareNote
Police services76.8$487.73M
Fire-protection services8.9$56.72M
Law courts8.6$54.34M
Prisons5.2$33.12M
Public order and safety n.e.c.0.4$2.81M
R&D Public order and safety0$0
Environmental protection$211.07M
Environmental protection, in detail, as a share of it
Environmental protection, in detail, as a share of it
RowValue (%)ShareNote
Waste water management46$97.09M
Waste management41.4$87.46M
Pollution abatement6.4$13.42M
Protection of biodiversity and landscape5$10.61M
Environmental protection n.e.c.1.2$2.49M
R&D Environmental protection0$0
Recreation, culture and religion$205.22M
Recreation, culture and religion, in detail, as a share of it
Recreation, culture and religion, in detail, as a share of it
RowValue (%)ShareNote
Cultural services32.1$65.92M
Broadcasting and publishing services27.6$56.72M
Recreational and sporting services26.3$53.9M
Religious and other community services13.4$27.6M
R&D Recreation, culture and religion0.5$1.08M
Recreation, culture and religion n.e.c.0$0

Where the money comes from

Cyprus, 2024: revenue by kind, as a share of all revenue
Cyprus, 2024: revenue by kind, as a share of all revenue
RowValue (%)ShareNote
Taxes on sales, production and imports31.7$5.07B
Social contributions30.6$4.89B
Taxes on income and wealth25.8$4.12B
Sales, fees and charges6.1$968.1M
Other transfers received2.7$428.09M
Capital transfers and taxes received2.3$364.66M
Income from property (interest, dividends, rent)0.8$131.08M
Subsidies received0$0
Taxes on sales, production and imports$5.07B
Taxes on sales, production and imports, in detail, as a share of it
Taxes on sales, production and imports, in detail, as a share of it
RowValue (%)ShareNote
Value added tax67.7$3.43B
Not broken down, or fitting no category32.3$1.64B

Over the years

32.2 % of GDPRevenue · 1,99532 % of GDPRevenue · 1,99631.5 % of GDPRevenue · 1,99732.7 % of GDPRevenue · 1,99832.4 % of GDPRevenue · 1,99934.6 % of GDPRevenue · 2,00035.4 % of GDPRevenue · 2,00135.1 % of GDPRevenue · 2,00237.2 % of GDPRevenue · 2,00337.3 % of GDPRevenue · 2,00439.4 % of GDPRevenue · 2,00540 % of GDPRevenue · 2,00643.3 % of GDPRevenue · 2,00741.5 % of GDPRevenue · 2,00839.3 % of GDPRevenue · 2,00939.4 % of GDPRevenue · 2,01039 % of GDPRevenue · 2,01139.4 % of GDPRevenue · 2,01240.7 % of GDPRevenue · 2,01343.3 % of GDPRevenue · 2,01442.3 % of GDPRevenue · 2,01540.1 % of GDPRevenue · 2,01640.6 % of GDPRevenue · 2,01740.9 % of GDPRevenue · 2,01841.3 % of GDPRevenue · 2,01940.3 % of GDPRevenue · 2,02041.1 % of GDPRevenue · 2,02140.4 % of GDPRevenue · 2,02242.3 % of GDPRevenue · 2,02342.5 % of GDPRevenue · 2,02441.5 % of GDPRevenue · 2,02532.5 % of GDPSpending · 1,99534.4 % of GDPSpending · 1,99635.9 % of GDPSpending · 1,99735.9 % of GDPSpending · 1,99835.9 % of GDPSpending · 1,99936.4 % of GDPSpending · 2,00037.1 % of GDPSpending · 2,00138.9 % of GDPSpending · 2,00242.9 % of GDPSpending · 2,00340.9 % of GDPSpending · 2,00441.5 % of GDPSpending · 2,00541 % of GDPSpending · 2,00640.1 % of GDPSpending · 2,00740.8 % of GDPSpending · 2,00844.9 % of GDPSpending · 2,00944.5 % of GDPSpending · 2,01044.9 % of GDPSpending · 2,01154.6 % of GDPSpending · 2,01246.3 % of GDPSpending · 2,01352.1 % of GDPSpending · 2,01443.1 % of GDPSpending · 2,01539.6 % of GDPSpending · 2,01638.5 % of GDPSpending · 2,01744.3 % of GDPSpending · 2,01840.3 % of GDPSpending · 2,01945.9 % of GDPSpending · 2,02042.7 % of GDPSpending · 2,02137.7 % of GDPSpending · 2,02240.6 % of GDPSpending · 2,02338.3 % of GDPSpending · 2,024
Cyprus: revenue and spending, 1995–2025
Cyprus: revenue and spending, 1995–2025
PeriodRevenue (% of GDP)Spending (% of GDP)
1,99532.232.5
1,9963234.4
1,99731.535.9
1,99832.735.9
1,99932.435.9
2,00034.636.4
2,00135.437.1
2,00235.138.9
2,00337.242.9
2,00437.340.9
2,00539.441.5
2,0064041
2,00743.340.1
2,00841.540.8
2,00939.344.9
2,01039.444.5
2,0113944.9
2,01239.454.6
2,01340.746.3
2,01443.352.1
2,01542.343.1
2,01640.139.6
2,01740.638.5
2,01840.944.3
2,01941.340.3
2,02040.345.9
2,02141.142.7
2,02240.437.7
2,02342.340.6
2,02442.538.3
2,02541.5
Where these figures come from

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