HistoryData

Healthcare Spending: Cyprus

Cyprus's healthcare spending is currently 8.119 % of GDP as of 2023. # Cyprus Healthcare Spending Cyprus allocated 8.

Current (2023)
8.119 % of GDP
-1.8% y/y
Peak (2021)
8.874 % of GDP
Low (2000)
5.308 % of GDP
Source
World Bank World Development Indicators
20002023 · 24 pts

Healthcare SpendingCyprus

20002023

Healthcare Spending — Cyprus
5.308% of GDP6.2% of GDP7.091% of GDP7.983% of GDP8.874% of GDP2000201020202023LowPeak
Analysis# Cyprus Healthcare Spending Cyprus allocated 8.119% of its GDP to healthcare in 2023, reflecting sustained investment in the country's health system. This figure sits below the all-time peak of 8.874% recorded in 2021 but remains substantially higher than the 5.308% baseline from 2000, representing a 53% increase over the past two decades. The current spending level demonstrates Cyprus's commitment to healthcare amid economic pressures and evolving population health needs. The most dramatic shift occurred between 2019 and 2021, when healthcare spending surged from 6.998% to 8.874% of GDP—a spike driven largely by pandemic-related demands. Following this peak, spending declined modestly to 8.119% by 2023, suggesting a stabilization at elevated but manageable levels. The sustained spending above 8% indicates healthcare remains a fiscal priority for Cyprus going forward.

Historical Data

24 Rows
YearValueChange %
20238.119 % of GDP-1.85%
20228.272 % of GDP-6.78%
20218.874 % of GDP+2.61%
20208.648 % of GDP+23.58%
20196.998 % of GDP+3.15%
20186.784 % of GDP+2.45%
20176.622 % of GDP-0.47%
20166.653 % of GDP-2.08%
20156.794 % of GDP-1.98%
20146.931 % of GDP+0.04%
20136.928 % of GDP+6.00%
20126.536 % of GDP+1.63%
20116.431 % of GDP-1.08%
20106.501 % of GDP+0.56%
20096.465 % of GDP+7.50%
20086.014 % of GDP+12.26%
20075.357 % of GDP-1.96%
20065.464 % of GDP+0.52%
20055.436 % of GDP+0.55%
20045.406 % of GDP-4.08%
Show all 24 rows
YearValueChange %
20035.636 % of GDP+0.36%
20025.616 % of GDP+5.19%
20015.339 % of GDP+0.58%
20005.308 % of GDP

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