🇨🇾 Cyprus General government final consumption expenditure (constant 2015 US$) — Historical Data

World Bank data • 1975202450 data pointsEconomy & Growth

Latest Value
$5.17B
2024
Year-on-Year
+1.6%
vs 2023
10-Year Average
$4.15B
20152024
Range
$5.17B (2024)
$626.64M (1975)

Cyprus General government final consumption expenditure (constant 2015 US$)1975 to 2024

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About this Indicator

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2024$5.17B
2023$5.08B
2022$4.91B
2021$4.69B
2020$4.30B
2019$3.88B
2018$3.50B
2017$3.37B
2016$3.32B
2015$3.31B

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