Tax revenue in Cyprus

Central government tax revenue in Cyprus was equal to 23.9% of GDP in 2024. The value for 2024 is the highest since 2015.

Measure: Tax revenue as a share of GDP (central government) Unit: % of GDP Data: 1975 to 2024 Source: World Bank
Cyprus, 2024 23.9% % of GDP
Change from 2023 +0.6percentage points 2023: 23.3%
European Union, 2024 19.8% Official aggregate
Median of European Union (27 countries), 2024 22.7% Middle value of 26 countries

Tax revenue in Cyprus over time

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Cyprus European Union ×

% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.

Tax revenue as a share of GDP (central government) (% of GDP), 2000 to 2024
Period CyprusEuropean Union
2024 23.9% 19.8%
2023 23.3% 19.6%
2022 23.0% 19.9%
2021 22.6% 19.9%
2020 21.9% 19.6%
2019 23.1% 20.0%
2018 23.8% 19.9%
2017 23.8% 19.8%
2016 23.5% 19.7%
2015 24.0% 19.7%
2014 24.7% 19.9%
2013 23.5% 19.7%
2012 23.3% 19.3%
2011 23.1% 18.9%
2010 23.1% 18.7%
2009 23.2% 18.4%
2008 26.9% 19.2%
2007 28.4% 19.6%
2006 24.3% 19.3%
2005 23.2% 19.0%
2004 21.8% 18.7%
2003 22.0% 18.9%
2002 21.4% 19.1%
2001 21.3% 19.4%
2000 20.8% 19.9%

A dash means no value was published for that period.

In short

  • That is a change of +0.6 percentage points from 23.3% in 2023.
  • Since 2014, when it was 24.7%, the figure has changed by −0.8 percentage points.
  • The figure for the European Union in 2024 was 19.8%.

Source and dates

Original producer
International Monetary Fund, Government Finance Statistics
Distributed by
World Bank, World Development Indicators
Dataset or series code
GC.TAX.TOTL.GD.ZS · dataset details · view at source
Observation period
1975 to 2024 for Cyprus
Provider update
8 October 2026
Retrieved
9 November 2026
Published here
9 November 2026
Licence
CC BY 4.0 (per series metadata)
Attribution
Source: World Bank, World Development Indicators, original data: International Monetary Fund, Government Finance Statistics