Cyprus Military Spending/Defense Budget 1985-2022

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Cyprus military spending/defense budget for 2020 was $0.42B, a 4.28% increase from 2019.
  • Cyprus military spending/defense budget for 2019 was $0.40B, a 10.84% decline from 2018.
  • Cyprus military spending/defense budget for 2018 was $0.45B, a 25.44% increase from 2017.
  • Cyprus military spending/defense budget for 2017 was $0.36B, a 21.57% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $778.23B
United Kingdom $59.24B
Saudi Arabia $57.52B
Germany $52.76B
France $52.75B
Japan $49.15B
South Korea $45.74B
Italy $28.92B
Australia $27.54B
Canada $22.75B
Israel $21.70B
Spain $17.43B
Poland $13.03B
Netherlands $12.58B
Singapore $10.86B
Norway $7.11B
Kuwait $6.94B
Oman $6.73B
Sweden $6.45B
Switzerland $5.70B
Belgium $5.46B
Greece $5.30B
Denmark $4.95B
Portugal $4.64B
Chile $4.60B
Finland $4.09B
Austria $3.60B
Czech Republic $3.25B
New Zealand $3.01B
Argentina $2.91B
Hungary $2.41B
Slovak Republic $1.84B
Bahrain $1.40B
Lithuania $1.17B
Uruguay $1.16B
Ireland $1.14B
Croatia $1.03B
Latvia $0.76B
Estonia $0.70B
Slovenia $0.57B
Luxembourg $0.49B
Brunei $0.44B
Cyprus $0.42B
Trinidad and Tobago $0.16B
Malta $0.08B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
Cyprus Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2020 $0.42B 1.78%
2019 $0.40B 1.61%
2018 $0.45B 1.78%
2017 $0.36B 1.58%
2016 $0.30B 1.41%
2015 $0.33B 1.65%
2014 $0.36B 1.55%
2013 $0.38B 1.61%
2012 $0.41B 1.66%
2011 $0.48B 1.74%
2010 $0.48B 1.86%
2009 $0.47B 1.82%
2008 $0.45B 1.63%
2007 $0.41B 1.68%
2006 $0.39B 1.90%
2005 $0.38B 2.04%
2004 $0.34B 1.96%
2003 $0.29B 1.99%
2002 $0.24B 2.13%
2001 $0.33B 3.15%
2000 $0.28B 2.82%
1999 $0.29B 2.73%
1998 $0.48B 4.68%
1997 $0.53B 5.57%
1996 $0.45B 4.52%
1995 $0.30B 3.04%
1994 $0.30B 4.02%
1993 $0.27B 4.08%
1992 $0.63B 9.13%
1991 $0.42B 7.26%
1990 $0.41B 7.37%
1989 $0.24B 5.37%
1988 $0.24B 5.70%
1987 $0.20B 5.39%
1986 $0.05B 1.58%
1985 $0.03B 1.27%