Government Spending in Cyprus increased to 1071.40 EUR Million in the second quarter of 2020 from 1023.70 EUR Million in the first quarter of 2020.
Government Spending in Cyprus averaged 738.94 EUR Million from 1995 until 2020, reaching an all time high of 1071.40 EUR Million in the second quarter of 2020 and a record low of 414.40 EUR Million in the first quarter of 1995. This page provides - Cyprus Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Government Spending - values, historical data and charts - was last updated on October of 2020.
Government Spending in Cyprus is expected to be 972.51 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Cyprus to stand at 1173.18 in 12 months time. In the long-term, the Cyprus Government Spending is projected to trend around 970.89 EUR Million in 2021 and 998.07 EUR Million in 2022, according to our econometric models.