Government debt — all countries

Government debt — Cyprus

Government debt in Cyprus in 2031 — 32.1%. Ranked 43 in the world out of 184. Since 1995, the indicator has fallen by 14.6 pp.

2031 32.1% −3 pp vs 2030
World rank 43of 184
Period maximum 113.6%2020
Period minimum 32.1%2031

Trend over time

1995–2031 · % of GDP

Government debt — Cyprus, 1995–203105010015019951999200320072011201520192023202720311995: 46.7%1996: 48.8%1997: 53.5%1998: 55%1999: 55.7%2000: 56%2001: 57.5%2002: 61%2003: 63%2004: 64.7%2005: 64%2006: 59%2007: 53.1%2008: 44.1%2009: 52.8%2010: 55.3%2011: 64.8%2012: 79.2%2013: 102.7%2014: 113%2015: 111.6%2016: 106.8%2017: 96.4%2018: 100.7%2019: 92.3%2020: 113.6%2021: 96.5%2022: 80.3%2023: 71.1%2024: 62.8%2025: 55.3%2026: 50.9%2027: 46.6%2028: 42.4%2029: 38.7%2030: 35.1%2031: 32.1%
Change over the period: −14.6 pp Annual average: -0.41 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Cyprus

Cyprus 32.1%
World computed 102.5%
Europe & Central Asia computed 76.9%
Western Asia computed 41.9%
High-income countries computed 108.6%
Government debt — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2031 32.1 −3 pp
2030 35.1 −3.6 pp
2029 38.7 −3.7 pp
2028 42.4 −4.2 pp
2027 46.6 −4.3 pp
2026 50.9 −4.4 pp
2025 55.3 −7.5 pp
2024 62.8 −8.3 pp
2023 71.1 −9.2 pp
2022 80.3 −16.2 pp
2021 96.5 −17.1 pp
2020 113.6 +21.3 pp
2019 92.3 −8.4 pp
2018 100.7 +4.3 pp
2017 96.4 −10.4 pp
2016 106.8 −4.8 pp
2015 111.6 −1.4 pp
2014 113 +10.3 pp
2013 102.7 +23.5 pp
2012 79.2 +14.4 pp
2011 64.8 +9.5 pp
2010 55.3 +2.5 pp
2009 52.8 +8.7 pp
2008 44.1 −9 pp
2007 53.1 −5.9 pp
2006 59 −5 pp
2005 64 −0.7 pp
2004 64.7 +1.7 pp
2003 63 +2 pp
2002 61 +3.5 pp
2001 57.5 +1.5 pp
2000 56 +0.3 pp
1999 55.7 +0.7 pp
1998 55 +1.5 pp
1997 53.5 +4.7 pp
1996 48.8 +2.1 pp
1995 46.7

About the indicator

Gross general government debt as a percent of GDP from the IMF World Economic Outlook database: all liabilities that require future payments of interest and/or principal. It covers the central government, regional and local budgets and extrabudgetary funds where the data allow. The threshold of 60% of GDP is used in the EU Maastricht criteria as a benchmark of sustainability.

Important: The coverage of the government sector differs between countries; when levels are compared, it matters whether regional budgets are included.

Source: World Economic Outlook (IMF), license IMF open data.