Military Expenditure in Cyprus increased to 414 USD Million in 2020 from 402 USD Million in 2019. source: SIPRI

Military Expenditure in Cyprus averaged 428.69 USD Million from 1985 until 2020, reaching an all time high of 932 USD Million in 1992 and a record low of 80.90 USD Million in 1985. Cyprus Military Expenditure - values, historical data and charts - was last updated on July 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
414.00 402.00 932.00 80.90 1985 - 2020 USD Million Yearly
Constant 2019 prices

Cyprus Government Last Previous Highest Lowest Unit
Government Debt to GDP 118.20 94.00 118.20 45.50 percent of GDP [+]
Government Budget -5.70 1.50 3.20 -8.80 percent of GDP [+]
Government Budget Value -187.90 -568.80 417.30 -1522.40 EUR Million [+]
Government Spending 1154.70 1102.20 1154.70 414.70 EUR Million [+]
Government Spending to GDP 46.30 39.70 49.40 30.90 percent of GDP [+]
Government Revenues 2070.70 2518.90 2534.90 461.80 EUR Million [+]
Fiscal Expenditure 2258.60 3087.70 3445.80 475.10 EUR Million [+]
Credit Rating 50.00 [+]
Military Expenditure 414.00 402.00 932.00 80.90 USD Million [+]
Asylum Applications 695.00 245.00 1340.00 30.00 persons [+]