Cyprus Tax Revenue to GDP

23.9% +0.64 pt

Dec 2024 · Annual

Tax Revenue to GDP in Cyprus rose to 23.9% in Dec 2024 from 23.3% in Dec 2023.

Cyprus Tax Revenue to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
23.9%23.3%28.4%Dec 200712.1%Dec 19761975 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget3.0%4.1%4.1%-8.8%Dec 2025Annual
Government Debt to GDP55.3%62.8%113.6%44.1%Dec 2025Annual

About this series

Tax Revenue to GDP in Cyprus averaged 21.9% from 1975 until 2024, reaching an all-time high of 28.4% in Dec 2007 and a record low of 12.1% in Dec 1976. The series is reported yearly with history from 1975.

Source & methodology

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

FAQ

Cyprus Tax Revenue to GDP FAQ