Government spending in Cyprus was last recorded at 39.5 percent of GDP in 2019 . source: Eurostat
Government Spending to GDP in Cyprus averaged 38.58 percent from 1995 until 2019, reaching an all time high of 49.40 percent in 2014 and a record low of 30.90 percent in 1995. This page provides the latest reported value for - Cyprus Government Spending to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Government Spending to GDP - values, historical data and charts - was last updated on November of 2020.
Government Spending to GDP in Cyprus is expected to reach 50.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Spending to GDP is projected to trend around 46.20 percent in 2021 and 42.00 percent in 2022, according to our econometric models.