Cyprus is currently observing a net government debt as a percentage of gross domestic product (gdp) of 46.75%, marking a decrease of 7.2% (-13.3%) compared to 2021.
Net government debt as a percentage of gross domestic product (GDP) in Cyprus
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More indicators for Cyprus
Government borrowing in national currency
0.56B
-0.02B
(2023)
Current account balance
-intl dollar3.18B
-intl dollar0.09B
(2028)
Government revenue in national currency
11.92B
+0.60B
(2023)
Government expenditure in national currency
11.37B
+0.62B
(2023)
Government structural balance in national currency
0.51B
+0.10B
(2023)
Cyprus Government net debt as percentage of GDP between 1995 and 2022
| Period | Value | Change |
|---|---|---|
| 2022 | 46.75% | -7.2% |
| 2021 | 53.95% | -2.59% |
| 2020 | 56.54% | +10.48% |
| 2019 | 46.06% | -5.05% |
| 2018 | 51.1% | -25.75% |
| 2017 | 76.85% | -8.47% |
| 2016 | 85.32% | -5.24% |
| 2015 | 90.57% | +0.23% |
| 2014 | 90.34% | +11.62% |
| 2013 | 78.72% | +11.66% |
| 2012 | 67.06% | +14.85% |
| 2011 | 52.21% | +4.48% |
| 2010 | 47.73% | +3.31% |
| 2009 | 44.42% | +6.51% |
| 2008 | 37.91% | -0.72% |
| 2007 | 38.63% | -6.92% |
| 2006 | 45.55% | -3.02% |
| 2005 | 48.57% | -0.01% |
| 2004 | 48.58% | +1.62% |
| 2003 | 46.96% | +1.62% |
| 2002 | 45.34% | +3.34% |
| 2001 | 42% | -1.06% |
| 2000 | 43.06% | -1.32% |
| 1999 | 44.38% | +1.65% |
| 1998 | 42.73% | -10.75% |
| 1997 | 53.48% | +4.65% |
| 1996 | 48.83% | +2.08% |
| 1995 | 46.75% |