Cyprus—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #96 of 151Updated April 2026
Latest Value
4.2%
2024
YoY Change
-2.3%
2023 → 2024
Global Rank
#96
of 151 countries
Maximum
8.8%
2001
Minimum
3.8%
2016
CAGR
-2.7%
25 years
Last
4.2%
Previous
4.3%
Highest
8.8%
Lowest
3.8%
Source
World Bank World Development Indicators
Cyprus's military spending (% of govt expenditure) was 4.2% in 2024, ranking #96 out of 151 countries. This represents a -2.3% change from 2023. Over the past 25 years, the highest recorded value was 8.8% (2001) and the lowest was 3.8% (2016). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.2% | -2.3% |
| 2023 | 4.3% | -8.2% |
| 2022 | 4.7% | +7.1% |
| 2021 | 4.4% | +1.0% |
| 2020 | 4.3% | -7.3% |
| 2019 | 4.7% | +13.4% |
| 2018 | 4.1% | -4.1% |
| 2017 | 4.3% | +14.3% |
| 2016 | 3.8% | -9.8% |
| 2015 | 4.2% | +9.1% |
| 2014 | 3.8% | +0.2% |
| 2013 | 3.8% | -3.4% |
| 2012 | 4.0% | -4.4% |
| 2011 | 4.1% | -7.0% |
| 2010 | 4.4% | +2.5% |
| 2009 | 4.3% | +1.7% |
| 2008 | 4.3% | -4.9% |
| 2007 | 4.5% | -7.7% |
| 2006 | 4.9% | -5.4% |
| 2005 | 5.1% | +1.4% |
| 2004 | 5.1% | +3.0% |
| 2003 | 4.9% | -13.6% |
| 2002 | 5.7% | -35.5% |
| 2001 | 8.8% | +9.4% |
| 2000 | 8.1% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |