Tax revenue as a share of gdp reached 24.1% in 2023 in Cyprus, according to the National Statistical Office. This is 3.97% more than in the previous year.
Historically, tax revenue as a share of GDP in Cyprus reached an all time high of 28.4% in 2007 and an all time low of 12.1% in 1976.
Cyprus has been ranked 11th within the group of 83 countries we follow in terms of tax revenue as a share of GDP.
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