Press Releases

The Statistical Service (CYSTAT) publishes an Infographic on “Public Finance 2022”. The preliminary results of the General Government for the year 2022, which were published from CYSTAT on the 21/04/2023, indicate a fiscal surplus of €570,2 mn (2,1% of GDP) and a consolidated gross debt of €23.371,1 mn (86,5% of GDP).

During the year 2022, total revenue amounted to €11.321,5 mn and the main categories were taxes on production and imports (35,0%), social contributions (27,5%) and current taxes on income and wealth (25,4%).

During the year 2022, total expenditure amounted to €10.751,3 mn and the main categories were social benefits (39,3%), compensation of employees (29,4%) and intermediate consumption (11,4%).

The preliminary fiscal results for 2022 have been audited and verified within the Excessive Deficit Procedure framework of the European Commission.

For more information, visit the CYSTAT Portal, subtheme Public Finance, CYSTAT-DB (Online Database), Predefined Tables (Excel) or contact Ms Panayiota Michael at tel: 22602186 or email pmichael@cystat.mof.gov.cy.

(MV/SCH)