Taxes less subsidies on products in Cyprus

Cyprus: Taxes less subsidies on products was 3.97 billion current LCU in 2025. ▲ Rising

Latest (2025)
3.97 billion current LCU
Change on year
up 1.7%
World rank
151st
of 198 countries
All-time high
3.97 billion current LCU
in 2025
All-time low
645.80 million current LCU
in 1998
Years of data
31
1995–2025

Taxes less subsidies on products in Cyprus, 1995–2025

1.0B2.0B3.0B4.0B1995201020251995: 670.7M current LCU1996: 661.9M current LCU1997: 649.8M current LCU1998: 645.8M current LCU1999: 718.1M current LCU2000: 941.3M current LCU2001: 1.1B current LCU2002: 1.2B current LCU2003: 1.4B current LCU2004: 1.7B current LCU2005: 1.9B current LCU2006: 2.1B current LCU2007: 2.4B current LCU2008: 2.6B current LCU2009: 2.3B current LCU2010: 2.3B current LCU2011: 2.2B current LCU2012: 2.2B current LCU2013: 2.0B current LCU2014: 2.2B current LCU2015: 2.2B current LCU2016: 2.4B current LCU2017: 2.6B current LCU2018: 2.8B current LCU2019: 2.8B current LCU2020: 2.4B current LCU2021: 2.9B current LCU2022: 3.3B current LCU2023: 3.7B current LCU2024: 3.9B current LCU2025: 4.0B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Cyprus recorded 3.97 billion current LCU for taxes less subsidies on products in 2025. That is the highest value across all 31 years on record.

That represents a change of up 1.7% on the previous year and up 78.2% over ten years.

Over the whole period, taxes less subsidies on products in Cyprus peaked at 3.97 billion current LCU in 2025 and was at its lowest, 645.80 million current LCU, in 1998.

That places Cyprus 151st out of 198 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 669.26 million current LCU 645.80 million current LCU 718.10 million current LCU 5
2000s 1.75 billion current LCU 941.30 million current LCU 2.59 billion current LCU 10
2010s 2.37 billion current LCU 2.00 billion current LCU 2.85 billion current LCU 10
2020s 3.36 billion current LCU 2.42 billion current LCU 3.97 billion current LCU 6

Countries ranked near Cyprus

  1. 148 Jordan 4.51 billion current LCU compare
  2. 149 El Salvador 4.49 billion current LCU compare
  3. 150 Qatar 4.42 billion current LCU compare
  4. 152 Faroe Islands 3.30 billion current LCU compare
  5. 153 Palestine 2.89 billion current LCU compare

See the full ranking of 198 places →

More economy & growth data for Cyprus

All data for Cyprus →

Frequently asked questions

What is taxes less subsidies on products in Cyprus?
Taxes less subsidies on products in Cyprus was 3.97 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest taxes less subsidies on products recorded in Cyprus?
The highest recorded value was 3.97 billion current LCU in 2025.
What is the lowest taxes less subsidies on products recorded in Cyprus?
The lowest recorded value was 645.80 million current LCU in 1998.
How does Cyprus rank for taxes less subsidies on products?
Cyprus ranks 151st out of 198 countries with data for 2025.
Is taxes less subsidies on products rising or falling in Cyprus?
Over the last ten years it is up 78.2%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,448 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.