Tax revenue (% of GDP) — all countries

Tax revenue (% of GDP) — Cyprus

Tax revenue (% of GDP) in Cyprus in 2024 — 23.94%. Ranked 19 in the world out of 89. Since 1975, the indicator has risen by 10.55 pp.

2024 23.94% +0.64 pp vs 2023
World rank 19of 89
Period maximum 28.42%2007
Period minimum 12.12%1976

Trend over time

1975–2024 · % of GDP

Tax revenue (% of GDP) — Cyprus, 1975–20241015202530197519801985199019952000200520102015202020241975: 13.39%1976: 12.12%1977: 13.23%1978: 13.58%1979: 14.2%1980: 14.79%1981: 13.79%1982: 14.24%1983: 15.41%1984: 16.13%1985: 16.56%1986: 16.7%1987: 16.33%1988: 17.39%1989: 18.36%1990: 18.03%1991: 16.98%1992: 18.07%1993: 19.46%1994: 20.8%1995: 18.44%1996: 17.84%1997: 17.12%1998: 18.32%1999: 18.85%2000: 20.8%2001: 21.3%2002: 21.43%2003: 22.02%2004: 21.83%2005: 23.17%2006: 24.31%2007: 28.42%2008: 26.95%2009: 23.25%2010: 23.05%2011: 23.15%2012: 23.33%2013: 23.52%2014: 24.72%2015: 24.05%2016: 23.52%2017: 23.82%2018: 23.84%2019: 23.08%2020: 21.95%2021: 22.56%2022: 23.03%2023: 23.3%2024: 23.94%
Change over the period: +10.55 pp Annual average: 0.22 pp

Comparison, 2024

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

Cyprus 23.94%
World 13.82%
Tax revenue (% of GDP) — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2024 23.94 +0.64 pp
2023 23.3 +0.27 pp
2022 23.03 +0.47 pp
2021 22.56 +0.62 pp
2020 21.95 −1.13 pp
2019 23.08 −0.76 pp
2018 23.84 +0.02 pp
2017 23.82 +0.3 pp
2016 23.52 −0.53 pp
2015 24.05 −0.67 pp
2014 24.72 +1.19 pp
2013 23.52 +0.19 pp
2012 23.33 +0.18 pp
2011 23.15 +0.1 pp
2010 23.05 −0.2 pp
2009 23.25 −3.7 pp
2008 26.95 −1.47 pp
2007 28.42 +4.11 pp
2006 24.31 +1.14 pp
2005 23.17 +1.34 pp
2004 21.83 −0.19 pp
2003 22.02 +0.58 pp
2002 21.43 +0.14 pp
2001 21.3 +0.5 pp
2000 20.8 +1.95 pp
1999 18.85 +0.53 pp
1998 18.32 +1.2 pp
1997 17.12 −0.72 pp
1996 17.84 −0.59 pp
1995 18.44 −2.37 pp
1994 20.8 +1.35 pp
1993 19.46 +1.39 pp
1992 18.07 +1.09 pp
1991 16.98 −1.05 pp
1990 18.03 −0.33 pp
1989 18.36 +0.97 pp
1988 17.39 +1.06 pp
1987 16.33 −0.37 pp
1986 16.7 +0.14 pp
1985 16.56 +0.42 pp
1984 16.13 +0.73 pp
1983 15.41 +1.16 pp
1982 14.24 +0.45 pp
1981 13.79 −0.99 pp
1980 14.79 +0.59 pp
1979 14.2 +0.62 pp
1978 13.58 +0.35 pp
1977 13.23 +1.11 pp
1976 12.12 −1.27 pp
1975 13.39

About the indicator

Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.

Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.

Source: World Development Indicators (World Bank), license CC BY 4.0.