Cyprus—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #11 of 192Updated August 2026
Latest Value
1.6%
2031
YoY Change
-11.1%
2030 → 2031
Global Rank
#11
of 192 countries
Maximum
4.1%
2024
Minimum
-8.8%
2014
Last
1.6%
Previous
1.8%
Highest
4.1%
Lowest
-8.8%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Cyprus's fiscal balance (% of GDP) was 2.6% in 2026, ranking #11 out of 192 countries. This represents a -11.1% change from 2030. Over the past 27 years, the highest recorded value was 4.1% (2024) and the lowest was -8.8% (2014). The IMF WEO projects 1.6% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | 1.6% | -11.1% |
| 2030 | 1.8% | -18.2% |
| 2029 | 2.2% | -8.3% |
| 2028 | 2.4% | -4.0% |
| 2027 | 2.5% | -3.8% |
| 2026 | 2.6% | -13.3% |
| 2025 | 3.0% | -26.8% |
| 2024 | 4.1% | +141.2% |
| 2023 | 1.7% | -37.0% |
| 2022 | 2.7% | +268.8% |
| 2021 | -1.6% | +71.4% |
| 2020 | -5.6% | -660.0% |
| 2019 | 1.0% | +129.4% |
| 2018 | -3.4% | -261.9% |
| 2017 | 2.1% | +320.0% |
| 2016 | 0.5% | +162.5% |
| 2015 | -0.8% | +90.9% |
| 2014 | -8.8% | -69.2% |
| 2013 | -5.2% | +7.1% |
| 2012 | -5.6% | +1.8% |
| 2011 | -5.7% | -21.3% |
| 2010 | -4.7% | +13.0% |
| 2009 | -5.4% | -700.0% |
| 2008 | 0.9% | -71.9% |
| 2007 | 3.2% | +420.0% |
| 2006 | -1.0% | +54.5% |
| 2005 | -2.2% | +40.5% |
| 2004 | -3.7% | +37.3% |
| 2003 | -5.9% | -43.9% |
| 2002 | -4.1% | -95.2% |
| 2001 | -2.1% | +4.5% |
| 2000 | -2.2% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | 2.6% | -13.3% |
| 2027Forecast | 2.5% | -3.8% |
| 2028Forecast | 2.4% | -4.0% |
| 2029Forecast | 2.2% | -8.3% |
| 2030Forecast | 1.8% | -18.2% |
| 2031Forecast | 1.6% | -11.1% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP