Fiscal Expenditure in Cyprus increased to 2064 EUR Million in the third quarter of 2019 from 1896.60 EUR Million in the second quarter of 2019. Cyprus Fiscal Expenditure - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Fiscal Expenditure in Cyprus averaged 1486.59 EUR Million from 1995 until 2019, reaching an all time high of 3445.80 EUR Million in the third quarter of 2018 and a record low of 475.10 EUR Million in the first quarter of 1995. This page provides - Cyprus Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Cyprus is expected to be 1809.71 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in Cyprus to stand at 2034.06 in 12 months time. In the long-term, the Cyprus Fiscal Expenditure is projected to trend around 1957.93 EUR Million in 2021 and 1910.42 EUR Million in 2022, according to our econometric models.


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Cyprus Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
2064.00 1896.60 3445.80 475.10 1995 - 2019 EUR Million Quarterly
Current Prices, NSA


Cyprus Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.