Cyprus - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Cyprus was 22,094,080,000 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of 22,960,840,000 in 2019 and a minimum value of 532,229,300 in 1975.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1975 532,229,300
1976 676,435,300
1977 900,774,700
1978 1,078,811,000
1979 1,288,456,000
1980 1,537,400,000
1981 1,705,184,000
1982 1,973,776,000
1983 2,187,010,000
1984 2,544,962,000
1985 2,740,597,000
1986 2,768,105,000
1987 3,092,569,000
1988 3,572,173,000
1989 4,102,694,000
1990 4,611,515,000
1991 5,027,389,000
1992 5,894,504,000
1993 5,619,419,000
1994 6,262,366,000
1995 7,744,647,000
1996 8,014,102,000
1997 8,489,975,000
1998 8,834,622,000
1999 9,474,298,000
2000 10,337,440,000
2001 10,895,290,000
2002 11,738,160,000
2003 12,650,090,000
2004 13,873,630,000
2005 14,901,290,000
2006 16,469,600,000
2007 18,344,630,000
2008 21,435,680,000
2009 19,673,990,000
2010 21,029,070,000
2011 20,560,840,000
2012 19,812,690,000
2013 17,710,560,000
2014 17,266,580,000
2015 17,416,080,000
2016 18,608,470,000
2017 20,343,100,000
2018 21,331,540,000
2019 22,960,840,000
2020 22,094,080,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts