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Budget

Cyprus — 35 years of data

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Historical Values
Year Value
1990 revenues $1.2 billion; expenditures $1.4 billion, including capital expenditures of $178 million (1989 est.)
1991 revenues $1.2 billion; expenditures $1.4 billion, including capital expenditures of $178 million (1989 est.)
1992 revenues $1.2 billion; expenditures $2.0 billion, including capital expenditures of $250 million (1991)
1993 revenues $1.7 billion; expenditures $2.2 billion, including capital expenditures of $350 million (1993)
1994 revenues: Greek area - $1.7 billion Turkish area - $273 million expenditures: Greek area - $2.2 billion, including capital expenditures of $350 million Turkish area - $360 million, including capital expenditures of $78 million (1994)
1995 revenues: Greek area - $1.8 billion Turkish area - $285 million expenditures: Greek area - $2.4 billion, including capital expenditures of $400 million Turkish area - $377 million, including capital expenditures of $80 million (1995 est.)
1996 revenues: Greek area - $2.3 billion, Turkish area - $246 million expenditures: Greek area - $3.4 billion, including capital expenditures of $500 million, Turkish area - $350 million, including capital expenditures of $75 million (1996 est.)
1997 revenues: Greek area - $2.9 billion, Turkish area - $149 million expenditures: Greek area - $3.3 billion, including capital expenditures of $453 million, Turkish area - $304 million, including capital expenditures of $20 million (1996)
1998 revenues: Greek Cypriot area-$2.9 billion, Turkish Cypriot area-$171 million expenditures: Greek Cypriot area-$3.4 billion, including capital expenditures of $345 million, Turkish Cypriot area-$306 million, including capital expenditures of $56.8 million (1997 est.)
1999 revenues: Greek Cypriot area--$2.9 billion, Turkish Cypriot area--$171 million expenditures: Greek Cypriot area--$3.4 billion, including capital expenditures of $345 million, Turkish Cypriot area--$306 million, including capital expenditures of $56.8 million (1997 est.)
2000 revenues: Greek Cypriot area - $2.9 billion (1998); Turkish Cypriot area - $171 million (1997 est.) expenditures: Greek Cypriot area - $3.4 billion, including capital expenditures of $345 million (1998); Turkish Cypriot area - $306 million, including capital expenditures of $56.8 million (1997 est.)
2001 revenues: Greek Cypriot area - $2.9 billion (2000 est.); Turkish Cypriot area - $294 million (2000 est.) expenditures: Greek Cypriot area - $3.2 billion, including capital expenditures of $324 million (2000 est.); Turkish Cypriot $495 million, including capital expenditures of $60 million (2000 est.)
2002 revenues: Greek Cypriot area - $2.4 billion (Turkish Cypriot area - $300 million) expenditures: Greek Cypriot area - $3.7 billion, including capital expenditures of $539 million (Turkish Cypriot area - $500 million, including capital expenditures of $60 million) (2001 est.)
2003 revenues: Greek Cypriot area - $4.4 billion, Turkish Cypriot area - $231.3 million (2002 est.) expenditures: $3.7 billion, Greek Cypriot area - $539 million, including capital expenditures of $539 million, Turkish Cypriot area - $432.8 million, including capital expenditures of NA (2003 est.)
2004 revenues: Republic of Cyprus - $3.971 billion, north Cyprus - $231.3 million (2002 est.) expenditures: $4.746 billion, Republic of Cyprus - $539 million, including capital expenditures of $539 million, north Cyprus - $432.8 million, including capital expenditures of NA (2003)
2005 revenues: Republic of Cyprus - $5.616 billion (2004 est.), north Cyprus - $404.3 million (2003 est.) expenditures: Republic of Cyprus - $685.7 million, including capital expenditures of $685.7 million, north Cyprus - $775.7 million, including capital expenditures of $91.4 million (2004 est.)
2006 revenues: Republic of Cyprus - $6.698 billion (2005 est.) expenditures: Republic of Cyprus - $7.122 billion (2005 est.) revenues: $685.7 million; north Cyprus - $231.3 million (2003 est.) expenditures: north Cyprus - $432.8 million (2003 est.)
2007 area under government control: revenues: $7.725 billion; expenditures: $8.005 billion (2005 est.) area administered by Turkish Cypriots: revenues: $685.7 million; expenditures: $432.8 million (2003 est.) (2006 est.)
2008 revenues:: $9.996 billion expenditures:: $9.304 billion (2007 est.)
2009 revenues:: $11.19 billion expenditures:: $10.96 billion (2008 est.)
2011 revenues:: $9.576 billion expenditures:: $10.81 billion (2010 est.)
2012 revenues:: $9.645 billion expenditures:: $10.59 billion (2012 est.)
2013 revenues:: $9.224 billion expenditures:: $10.68 billion (2012 est.)
2014 revenues:: $8.799 billion expenditures:: $10.04 billion (2013 est.)
2015 revenues:: $8.381 billion | expenditures:: $9.448 billion (2014 est.) | Budget: revenues: $2.5 billion, expenditures: $2.5 billion (2006)
2016 revenues:: $7.547 billion | expenditures:: $7.747 billion (2015 est.) | Budget: revenues: $2.5 billion, expenditures: $2.5 billion (2006)
2017 revenues:: $7.768 billion | expenditures:: $7.696 billion (2016 est.) | Budget: revenues: $2.5 billion, expenditures: $2.5 billion (2006)
2018 revenues: 8.663 billion (2017 est.) | expenditures: 8.275 billion (2017 est.)
2019 revenues: 8.663 billion (2017 est.) | expenditures: 8.275 billion (2017 est.)
2020 revenues: 8.663 billion (2017 est.) | expenditures: 8.275 billion (2017 est.)
2021 revenues: 8.663 billion (2017 est.) expenditures: 8.275 billion (2017 est.)
2022 revenues: 8.663 billion (2017 est.) expenditures: 8.275 billion (2017 est.)
2023 revenues: $10.362 billion (2019 est.) expenditures: $9.996 billion (2019 est.) note: area administered by Turkish Cypriots - revenues: $2.5 billion; expenditures: $2.5 billion (est. 2006)
2024 revenues: $11.644 billion (2022 est.) expenditures: $10.765 billion (2022 est.) note: central government revenues (excluding grants) and expenses converted to US dollars at average official exchange rate for year indicated
2025 revenues: $14.39 billion (2023 est.) expenditures: $13.733 billion (2023 est.) note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated