Cyprus Government Budget

3.0% −1.15 pt

Dec 2025 · Annual

Cyprus's budget balance as a share of GDP stood at 2.99% in 2025, down from 4.14% in the prior year. The reading is below the all-time high of 4.14% recorded in 2024 and remains well above the series low of -8.80% in 2014. Data are available from 1995.

Cyprus Government Budget, 1995–2025
ActualPreviousHighestLowestDatesFrequency
3.0%4.1%4.1%Dec 2024-8.8%Dec 20141995 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP55.3%62.8%113.6%44.1%Dec 2025Annual
Tax Revenue to GDP23.9%23.3%28.4%12.1%Dec 2024Annual

About this series

Government Budget in Cyprus averaged -2.1% from 1995 until 2025, reaching an all-time high of 4.1% in Dec 2024 and a record low of -8.8% in Dec 2014. The series is reported yearly with history from 1995.

The budget balance measures the difference between government revenue and expenditure as a percentage of Cyprus's gross domestic product. It is reported annually by the International Monetary Fund. The series spans from 1995 to the present.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Cyprus Government Budget FAQ