Cyprus
Tax revenue (% of GDP)
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Historical trend
Analytical takeaways
- Cyprus records 23.94% for Tax revenue (% of GDP) in 2024, ranking #19 globally out of 89 countries.
- Tax revenue (% of GDP) increased from 13.39% in 1975 to 23.94% in 2024, a gain of 10.55%.
- The country sits in the top quartile of the global distribution for this metric, making the page useful for leader-oriented high-intent searches.
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Comparison
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