Government Spending in Cyprus increased to 1337.10 EUR Million in the second quarter of 2026 from 1303 EUR Million in the first quarter of 2026. Government Spending in Cyprus averaged 843.82 EUR Million from 1996 until 2026, reaching an all time high of 1337.10 EUR Million in the second quarter of 2026 and a record low of 430.26 EUR Million in the third quarter of 1996. source: Statistical Service of the Republic of Cyprus

Government Spending in Cyprus is expected to be 1331.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Government Spending is projected to trend around 1405.00 EUR Million in 2027 and 1450.00 EUR Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 3252.50 4566.00 EUR Million Mar 2026
Government Budget 3.40 4.10 percent of GDP Dec 2025
Government Budget Value 567.10 119.40 EUR Million Mar 2026
Government Revenues 3819.60 4685.40 EUR Million Mar 2026
Government Spending 1337.10 1303.00 EUR Million Jun 2026


Cyprus Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
1337.10 1303.00 1337.10 430.26 1996 - 2026 EUR Million Quarterly
Constant Prices 2019, SA