The tax on goods and services in Cyprus - knoema.com

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World Data Atlas Topics Economy Tax on Goods and Services

Though Cyprus tax on goods and services fluctuated substantially in recent years, it tended to increase through 1972 - 2021 period ending at 31.65 % in 2021.

The tax on goods and services in Cyprus
Current Prices Local Currency	3.03B current LCU in 2021	WB
Share of Value Added	13.99 % in 2021	WB

Macro Region
North America	7.72 % in 2021	WB

World The tax on goods and services in the Middle East
Jordan	50.28 % in 2020	WB
Lebanon	34.9 % in 2021	WB
Israel	33.14 % in 2021	WB
Saudi Arabia	20.89 % in 2020	WB
United Arab Emirates	10.52 % in 2021	WB
Bahrain	2.45 % in 2004	WB
Iraq	0.35 % in 2019	WB
Kuwait	0.03 % in 1998	WB

Government finance in Cyprus
Budget Deficit	-407,300,000 current LCU in 2021	WB
Debt	91.67 % in 1994	WB
Government Expenditure	9.9B current LCU in 2021	WB
Government Revenue	38.39 % in 2021	WB

Government Finance Government revenue in Cyprus
Social Contributions	28.47 % in 2021	WB
Tax Revenue	23.23 % in 2021	WB
Grants and Other Revenue	18.64 % in 1994	WB
Customs	0.26 % in 2021	WB

Government Finance Government Revenue Tax revenue in Cyprus
Tax on Income, Profits and Capital Gains	25.12 % in 2021	WB
Other Taxes	3.6 % in 2021	WB
Taxes on International Trade	0.16 % in 2021	WB
Tax on Exports	0.1 % in 1976	WB

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