Expenditure on unemployment function by type of benefit in Cyprus
Cyprus: Expenditure on unemployment function by type of benefit was 149.91 Million euro in 2024. ◆ Volatile
Expenditure on unemployment function by type of benefit and in Cyprus, 2000–2024
Source: Eurostat. Measured in Million euro.
Analysis
In 2024, expenditure on unemployment function by type of benefit and in Cyprus stood at 149.91 Million euro.
That represents a change of down 39.1% on the previous year and down 51.0% over ten years.
Over the whole period, expenditure on unemployment function by type of benefit and in Cyprus peaked at 776.2 Million euro in 2020 and was at its lowest, 97.91 Million euro, in 2002.
That places Cyprus 41st out of 46 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expenditure on unemployment function by type of benefit in Cyprus, year by year
| Year | Million euro | Change |
|---|---|---|
| 2000 | 105.85 Million euro | — |
| 2001 | 107.5 Million euro | +1.6% |
| 2002 | 97.91 Million euro | -8.9% |
| 2003 | 99.66 Million euro | +1.8% |
| 2004 | 124.28 Million euro | +24.7% |
| 2005 | 148.83 Million euro | +19.8% |
| 2006 | 179.13 Million euro | +20.4% |
| 2007 | 144.09 Million euro | -19.6% |
| 2008 | 174.59 Million euro | +21.2% |
| 2009 | 168.3 Million euro | -3.6% |
| 2010 | 243.04 Million euro | +44.4% |
| 2011 | 308.11 Million euro | +26.8% |
| 2012 | 426.77 Million euro | +38.5% |
| 2013 | 462.91 Million euro | +8.5% |
| 2014 | 305.98 Million euro | -33.9% |
| 2015 | 241.35 Million euro | -21.1% |
| 2016 | 235.96 Million euro | -2.2% |
| 2017 | 203.1 Million euro | -13.9% |
| 2018 | 207.48 Million euro | +2.2% |
| 2019 | 218.47 Million euro | +5.3% |
| 2020 | 776.2 Million euro | +255.3% |
| 2021 | 634.81 Million euro | -18.2% |
| 2022 | 265.92 Million euro | -58.1% |
| 2023 | 246.29 Million euro | -7.4% |
| 2024 | 149.91 Million euro | -39.1% |
Cyprus compared with similar countries
- Cyprus's 149.91 Million euro is below the median for Europe & Central Asia, which is 1,432 Million euro, 10% of the median. (34 countries reporting)
- Cyprus's 149.91 Million euro is below the median for high income countries, which is 1,833 Million euro, 8% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Expenditure on unemployment function by type of benefit in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +255.3% | 218.47 Million euro | 776.2 Million euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 135.01 Million euro | 97.91 Million euro | 179.13 Million euro | 10 |
| 2010s | 285.32 Million euro | 203.1 Million euro | 462.91 Million euro | 10 |
| 2020s | 414.63 Million euro | 149.91 Million euro | 776.2 Million euro | 5 |
Countries ranked near Cyprus
More work & labour data for Cyprus
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.3415 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.3363 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.3471 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.03 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.6588 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 1,030 1000 No (2050)
- Population - Est. & Proj. — Rural population 353.01 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 631.64 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 643.71 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 1,275 1000 No (2100)
Frequently asked questions
- What is expenditure on unemployment function by type of benefit and in Cyprus?
- Expenditure on unemployment function by type of benefit and in Cyprus was 149.91 Million euro in 2024, according to Eurostat.
- What is the highest expenditure on unemployment function by type of benefit and recorded in Cyprus?
- The highest recorded value was 776.2 Million euro in 2020.
- What is the lowest expenditure on unemployment function by type of benefit and recorded in Cyprus?
- The lowest recorded value was 97.91 Million euro in 2002.
- How does Cyprus rank for expenditure on unemployment function by type of benefit and?
- Cyprus ranks 41st out of 46 countries with data for 2024.
- Is expenditure on unemployment function by type of benefit and rising or falling in Cyprus?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Eurostat, published as part of Expenditure on unemployment function by type of benefit and means-testing. Statizoid updates them automatically from the source API.
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