Cyprus - Goods and services expense

Goods and services expense (current LCU)

The value for Goods and services expense (current LCU) in Cyprus was 1,075,770,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 1,252,063,000 in 2008 and a minimum value of 16,744,290 in 1972.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 16,744,290
1973 18,931,300
1974 25,441,080
1975 31,455,350
1976 34,411,230
1977 35,829,370
1978 33,095,610
1979 41,296,900
1980 43,159,270
1981 57,989,930
1982 60,501,580
1983 68,156,110
1984 72,871,850
1985 73,589,460
1986 66,652,540
1987 74,272,900
1988 84,797,890
1989 90,094,550
1990 171,772,700
1991 204,965,400
1992 219,795,500
1993 259,994,500
1994 265,015,800
1995 145,743,700
1996 137,200,700
1997 312,674,000
1998 600,402,600
1999 661,741,300
2000 546,069,000
2001 803,042,700
2002 918,885,800
2003 951,007,600
2004 774,338,200
2005 859,939,100
2006 1,026,869,000
2007 1,115,717,000
2008 1,252,063,000
2009 802,000,000
2010 768,500,000
2011 776,600,000
2012 720,100,000
2013 640,900,000
2014 543,400,000
2015 555,619,600
2016 572,982,800
2017 624,572,000
2018 706,682,300
2019 1,075,770,000

Goods and services expense (% of expense)

Goods and services expense (% of expense) in Cyprus was 12.55 as of 2019. Its highest value over the past 47 years was 23.71 in 1975, while its lowest value was 3.53 in 1996.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
1972 21.10
1973 17.85
1974 20.27
1975 23.71
1976 23.30
1977 21.23
1978 16.11
1979 17.06
1980 13.56
1981 15.06
1982 12.91
1983 11.49
1984 11.96
1985 10.68
1986 9.64
1987 8.92
1988 8.98
1989 8.50
1990 7.80
1991 8.63
1992 8.18
1993 9.26
1994 8.34
1995 4.06
1996 3.53
1997 7.32
1998 12.15
1999 12.68
2000 9.49
2001 12.64
2002 13.31
2003 11.64
2004 9.14
2005 9.18
2006 10.30
2007 10.45
2008 10.56
2009 11.00
2010 10.13
2011 9.75
2012 8.96
2013 8.39
2014 6.36
2015 7.85
2016 8.33
2017 8.78
2018 8.40
2019 12.55

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance