ForecastEconomy

General government expenditure by function (COFOG) in Cyprus, 2023

General government expenditure by function (COFOG) in 2023: Annual value — 1.7 % of GDP. Comparison with the previous year and position in the series history. Official data — Eurostat.

General government expenditure by function (COFOG) in 2023 — neighbouring years chart, Annual value 1.7 % of GDP, source Eurostat
General government expenditure by function (COFOG) in 2023 — value in the context of neighbouring years. Source: Eurostat. forecasteconomy.com

General government expenditure by function (COFOG) in 2023

  • Value: 1.7 % of GDP
  • Change vs 2022: +1.2 % of GDP (+240 %)
  • Position in history: above the 30-year average (average — 1.5467 % of GDP)
  • Series maximum — 10.1 % of GDP in 2014 (9 years ago)
  • Series minimum — 0.3 % of GDP in 1996 (27 years ago)
  • Value date: 1 January 2023
  • Source: Eurostat

Dynamics over neighbouring years

YearValue, % of GDP
20151.8
20160.5
20170.4
20184.1
20191.9
20200.4
20210.6
20220.5
20231.7
20240.6

Full history and interactive chart

Complete series for Cyprus — on the General government expenditure by function (COFOG) page.

Other years

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