Cyprus: Military expenditure (% of GDP)
In , Cyprus's Military expenditure (% of GDP) was 1.65.
That's down 0.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . Cyprus ranks #72 globally out of 147 reporting countries. Within Europe & Central Asia, it ranks #33 of 46.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 2.04
- Trough
- 1.40
- 1-year change
- -0.2%
- 5-year change
- -6.9%
- -1.4% / yr
- 10-year change
- +6.8%
- +0.7% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 1.6474 | |
| 1.6506 | |
| 1.7212 | |
| 1.7841 | |
| 1.8955 | |
| 1.7696 | |
| 1.7498 | |
| 1.5681 | |
| 1.4046 | |
| 1.6477 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was Cyprus's Military expenditure (% of GDP) in 2024?
- In 2024, Cyprus's Military expenditure (% of GDP) was 1.65, according to World Bank Open Data.
- Is Cyprus's Military expenditure (% of GDP) rising or falling?
- Cyprus's Military expenditure (% of GDP) fell 0.2% from 2023 to 2024.
- How does Cyprus rank globally on Military expenditure (% of GDP)?
- In 2024, Cyprus ranked #72 out of 147 countries reporting Military expenditure (% of GDP).
- How does Cyprus's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so Cyprus is below the world average. Within Europe & Central Asia, it ranks #33 of 46.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.