Cyprus Mail
Cyprus

Cyprus defence expenditure at 1.8 per cent of GDP

gov expenditure on defence

Cyprus’ general government expenditure on defence in 2019 stood at 1.8 per cent of GDP, the fourth highest rate in the EU27 after Estonia, Greece and Latvia, according to figures published by Eurostat on Friday.

The EU27 average was 1.2 per cent.

Eurostat said that in 2019, the EU Member States’ general government expenditure on defence amounted to €168.5 billion, representing 2.6 per cent of total general government expenditure. This is equivalent to 1.2 per cent of GDP.

Since 2014, the share of defence expenditure in total government expenditure increased slightly, while the percentage of GDP remained stable at 1.2 per cent of GDP.

In 2019, the ratio of general government expenditure on defence to GDP varied across EU Member States from 0.2 per cent in Ireland and 0.4 per cent in Luxembourg to 2.0 per cent in Greece and 2.1 per cent in Estonia.

As regards Cyprus, the figure stood at 1.8 per cent of GDP in 2019, down on 1.9 per cent and 2.1 per cent in 2018 and 2017 but above the 1.6, 1.5 and 1.5 levels of 2014, 2015 and 2016 respectively.

Related Posts

MPs need to get serious about judicial reforms, Drakou says

Sarah Ktisti

Defence ministry denies that suspect ‘offering army exemptions for cash’ ever worked there

Christodoulos Mavroudis

UN says its position on Varosha unchanged, Kasoulides asks to meet Stewart (Update 2)

Jonathan Shkurko

Fourth person questioned in connection with farmers’ demo

Gina Agapiou

Defence minister denies link to man arranging army exemptions for cash

New space celebrates creativity, art and community

Eleni Philippou