Cyprus | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source
Cyprus | Goods and services expense (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
16744294.125487 1972
18931303.970448 1973
25441075.462091 1974
31455352.535735 1975
34411233.029316 1976
35829372.225658 1977
33095609.919457 1978
41296896.838062 1979
43159272.409162 1980
57989932.920307 1981
60501577.03913 1982
68156111.496496 1983
72871851.474694 1984
73589464.080072 1985
66652542.228085 1986
74272904.656622 1987
84797889.5355 1988
90094554.003766 1989
171772723.22122 1990
204965378.94904 1991
219795518.88724 1992
259994539.9402 1993
265015768.42322 1994
145743702.94939 1995
137200695.74251 1996
312674063.77184 1997
600402546.49959 1998
661741338.24499 1999
546069020.66383 2000
803042677.4468 2001
918885855.17211 2002
951007562.26998 2003
774338173.23168 2004
859939105.44463 2005
1026869466.2671 2006
1115716741.2186 2007
1252063136.2405 2008
802000000 2009
766000000 2010
773700000 2011
717100000 2012
638200000 2013
540900000 2014
545989631.75416 2015
563962217.76742 2016
613170989.27254 2017
692345351.67409 2018
829858895.73204 2019
769750590.72048 2020
896682325.18597 2021
2022
Cyprus | Goods and services expense (current LCU)
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Cyprus
Records
63
Source