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Cyprus Fiscal Balance
4.1% GDPas of 2024
Cyprus's fiscal balance stands at 4.1% GDP as of 2024. The indicator has increased from -8.8% in 2014 to 4.1% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -8.8% GDP | — |
| 2015 | -0.8% GDP | +8.0pp |
| 2016 | 0.5% GDP | +1.3pp |
| 2017 | 2.1% GDP | +1.6pp |
| 2018 | -3.4% GDP | -5.5pp |
| 2019 | 1% GDP | +4.4pp |
| 2020 | -5.6% GDP | -6.6pp |
| 2021 | -1.6% GDP | +4.0pp |
| 2022 | 2.7% GDP | +4.3pp |
| 2023 | 1.7% GDP | -1.0pp |
| 2024 | 4.1% GDP | +2.4pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.