Cyprus: Final consumption expenditure (current US$)

Key figures

What the numbers say

In 2025, Cyprus' final consumption expenditure (current US$) rose 8.7% on 2024 (from US$28.48 billion to US$30.96 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +6.1% and a typical year strayed about 11% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 66.2% in 1980 and the biggest yearly fall was 16.1% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$1.45 billion a year. A straight line explains 95% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Cyprus had the 86th highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cyprus in the 2025 ranking

• Cambodia — 83rd of 132: US$32.76 billion
• Haiti — 84th of 132: US$32.3 billion
• Georgia — 85th of 132: US$32.25 billion
• Libya — 87th of 132: US$30.4 billion
• Senegal — 88th of 132: US$29.32 billion
• Bosnia and Herzegovina — 89th of 132: US$29.23 billion

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 51 values

Final consumption expenditure (current US$) in nearby economies

• Albania — US$25.05 billion (2025)
• Armenia — US$23.77 billion (2025)
• Austria — US$427.39 billion (2025)
• Azerbaijan — US$56.88 billion (2025)
• Belarus — US$69.56 billion (2025)
• Belgium — US$553.32 billion (2025)
• Bosnia and Herzegovina — US$29.23 billion (2025)
• Bulgaria — US$103.73 billion (2025)
• Croatia — US$84.53 billion (2025)
• Czechia — US$263.53 billion (2025)

More economic policy & debt data for Cyprus

• Total reserves, including gold (current US$) — US$2.95 billion (2025)
• Total reserves, excluding gold (current US$) — US$999.53 million (2025)
• Food, beverages and tobacco (% of value added in manufacturing) — 32.67% (2023)
• Machinery and transport equipment (% of value added in manufacturing) — 13.81% (2023)
• Other manufacturing (% of value added in manufacturing) — 39.94% (2023)
• Textiles and clothing (% of value added in manufacturing) — 1.35% (2023)
• Chemicals (% of value added in manufacturing) — 12.23% (2023)
• Foreign direct investment, net inflows (BoP, current US$) — US$11.16 billion (2025)
• Adjusted savings, education expenditure (% of GNI)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cyprus's final consumption expenditure (current US$)?

US$30.96 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1975?

It is up 6,303% from US$483.43 million in 1975 (8.67% a year on average, compounded). The highest value was US$30.96 billion in 2025 and the lowest US$483.43 million in 1975.

How does Cyprus rank?

86th highest of 132 economies with data for 2025.

Is the latest change in final consumption expenditure (current US$) unusual for Cyprus?

In 2025, Cyprus' final consumption expenditure (current US$) rose 8.7% on 2024 (from US$28.48 billion to US$30.96 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.1% and a typical year strayed about 11% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.CON.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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