Ratio of government revenue to gross domestic product (GDP) in Cyprus 1995 to 2030

Fluctuating rise between 1995 and 2025
A comparison to the earliest shown observation from 1995 reveals a total increase by approximately ***** percentage points. The trajectory from 1995 to 2025 shows however that this increase did not happen continuously.

Continuous decline between 2025 and 2030
In 2030 the ratio will amount to about ***** percent, according to forecasts. From 2025 onwards, there is an overall decrease by approximately **** percentage points. This decrease reflects a consistent falling trend.

The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.