Military Expenditure in Cyprus decreased to 420 USD Million in 2019 from 445 USD Million in 2018. source: SIPRI

Military Expenditure in Cyprus averaged 450.97 USD Million from 1985 until 2019, reaching an all time high of 980 USD Million in 1992 and a record low of 85 USD Million in 1985. Cyprus Military Expenditure - values, historical data and charts - was last updated on May of 2021.

Military Expenditure in Cyprus is expected to reach 336.43 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Military Expenditure is projected to trend around 303.59 USD Million in 2022 and 331.52 USD Million in 2023, according to our econometric models.

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Cyprus Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
420.00 445.00 980.00 85.00 1985 - 2019 USD Million Yearly
constant 2018 prices

Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 118.20 94.00 118.20 45.50 percent [+]
Government Budget -5.70 1.50 3.20 -8.80 percent of GDP [+]
Government Budget Value -72.40 -795.10 417.30 -1522.40 EUR Million [+]
Government Spending 1102.20 1087.90 1102.20 414.70 EUR Million [+]
Government Spending to GDP 39.50 43.40 49.40 30.90 percent [+]
Government Revenues 2518.90 2216.00 2534.90 461.80 EUR Million [+]
Fiscal Expenditure 3087.70 2288.40 3445.80 475.10 EUR Million [+]
Credit Rating 50.00 [+]
Military Expenditure 420.00 445.00 980.00 85.00 USD Million [+]
Asylum Applications 790.00 30.00 1340.00 30.00 persons [+]