Cyprus recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018.
Government Budget in Cyprus averaged -3.04 percent of GDP from 1995 until 2018, reaching an all time high of 3.20 percent of GDP in 2007 and a record low of -9 percent of GDP in 2014. This page provides - Cyprus Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Government Budget in Cyprus is expected to be 2.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Budget is projected to trend around 2.40 percent of GDP in 2020, according to our econometric models.