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Military Expenditure (Local Currency) in Cyprus

Source: World Bank
Last Updated: October 23, 2023

Military expenditure in local currency reached EUR 0.470 bil in 2022 in Cyprus, according to the SIPRI Military Expenditure Database. This is 2.57% more than in the previous year.

Historically, military expenditure in local currency in Cyprus reached an all time high of EUR 0.484 bil in 1992 and an all time low of EUR 0.032 bil in 1985.

Cyprus has been ranked 138th within the group of 150 countries we follow in terms of military expenditure in local currency.

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