Cyprus Government Revenue
General government revenue as % of GDP GGR_NGDP
Cyprus's government revenue was 44.58% in 2025, ranked 25th globally. This represents a 0.7% increase from 2024. Data from IMF WEO, covering 1995–2025.
Overview
Cyprus's government revenue stood at 44.58% in 2025, a rise of +0.32% from 2024. The IMF projects 44.58% by 2025. Cyprus ranked 25th globally.
Cyprus' government revenue has demonstrated a steady upward trajectory since the mid-1990s, with the indicator experiencing its all-time peak in 2025 at 44.58%, ranking 25th globally. This significant improvement is observed when compared to the trough year of 1997, where revenue stood at 29.39%, a nearly 52% increase over nearly three decades. Notably, neighboring Slovenia has surpassed Cyprus, achieving a higher government revenue at 45.74% in 2025, while Timor-Leste has closely matched Cyprus' figure. The sustained growth in Cyprus' government revenue is attributed to the country's efforts to bolster its fiscal position, driven by prudent economic policies and a favorable business environment. The current upward trend is expected to continue, with ongoing economic reforms and investments in key sectors likely to contribute to further growth in government revenue. However, any significant economic downturn or shifts in global economic conditions could alter this trajectory, necessitating proactive fiscal management to maintain Cyprus' revenue stability.
Data & projection
| Year | Government Revenue | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 42.69% | - | - |
| 2029* IMF | 42.81% | - | - |
| 2028* IMF | 42.93% | - | - |
| 2027* IMF | 42.96% | - | - |
| 2026* IMF | 43.99% | - | - |
| 2025* IMF | 44.58% | - | - |
| 2025 | 44.58% | +0.32% | #25 |
| 2024 | 44.26% | +0.60% | #27 |
| 2023 | 43.66% | +3.02% | #27 |
| 2022 | 40.64% | −0.35% | #37 |
| 2021 | 40.99% | +0.63% | #34 |
| 2020 | 40.36% | −0.92% | #37 |
| 2019 | 41.29% | +0.39% | #33 |
| 2018 | 40.89% | +0.33% | #35 |
| 2017 | 40.56% | +0.48% | #31 |
| 2016 | 40.08% | −2.16% | #32 |
| 2015 | 42.25% | −1.02% | #29 |
| 2014 | 43.26% | +6.33% | #29 |
| 2013 | 36.94% | +0.59% | #55 |
| 2012 | 36.34% | −0.08% | #58 |
| 2011 | 36.43% | −0.59% | #54 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw government revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's government revenue was 44.58% in 2025. Ranked 25th globally. This represents a 0.7% increase from the previous year.
Cyprus's government revenue peaked at 44.58% in 2025.
The lowest government revenue in Cyprus was 29.39% in 1997.
Cyprus ranks 25th globally in government revenue as of 2025.
The World Bank indicator code is GGR_NGDP. Data sourced from IMF WEO.
Cyprus's government revenue is projected to reach 44.58% by 2025 based on IMF projection.
The government revenue of Cyprus in 2025 was 44.58%. This ranks 25th in the world.
Cite this page
@misc{historysaid_cyprus_government-revenue,
title = {Cyprus Government Revenue},
url = {https://historysaid.com/cyprus/government-revenue/},
publisher = {HistorySaid},
year = {2026}
}