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Government > Spending Stats: compare key data on Cyprus & United Kingdom

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Definitions

  • Compensation of employees > % of expense: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Compensation of employees > Current LCU: Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees."
  • Expense > % of GDP: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Expense > Current LCU: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends."
  • Goods and services expense > % of expense: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Goods and services expense > Current LCU: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.
  • Interest payments > % of expense: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > % of revenue: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Interest payments > Current LCU: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents."
  • Other expense > % of expense: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Other expense > Current LCU: Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital."
  • Subsidies and other transfers > % of expense: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
  • Subsidies and other transfers > Current LCU: Subsidies, grants, and other social benefits include all unrequited, nonrepayable transfers on current account to private and public enterprises; grants to foreign governments, international organisations, and other government units; and social security, social assistance benefits, and employer social benefits in cash and in kind."
STAT Cyprus United Kingdom HISTORY
Compensation of employees > % of expense 32.23%
Ranked 25th. 2 times more than United Kingdom
13.96%
Ranked 65th.

Compensation of employees > Current LCU 2.3 billion
Ranked 77th.
86.25 billion
Ranked 34th. 37 times more than Cyprus

Expense > % of GDP 42.2%
Ranked 10th.
42.67%
Ranked 8th. 1% more than Cyprus

Expense > Current LCU 7.15 billion
Ranked 77th.
617.96 billion
Ranked 30th. 86 times more than Cyprus

Goods and services expense > % of expense 11.68%
Ranked 53th.
17.53%
Ranked 27th. 50% more than Cyprus

Goods and services expense > Current LCU 834.9 million
Ranked 79th.
108.34 billion
Ranked 22nd. 130 times more than Cyprus

Interest payments > % of expense 10.47%
Ranked 19th. Twice as much as United Kingdom
5.26%
Ranked 43th.

Interest payments > % of revenue 9.79%
Ranked 20th. 69% more than United Kingdom
5.81%
Ranked 40th.

Interest payments > Current LCU 747.9 million
Ranked 67th.
32.51 billion
Ranked 29th. 43 times more than Cyprus

Other expense > % of expense 1.13%
Ranked 79th.
12.95%
Ranked 13th. 11 times more than Cyprus

Other expense > Current LCU 80.8 million
Ranked 81st.
80.01 billion
Ranked 19th. 990 times more than Cyprus

Subsidies and other transfers > % of expense 31.21%
Ranked 60th.
51.3%
Ranked 36th. 64% more than Cyprus

Subsidies and other transfers > Current LCU 2.23 billion
Ranked 76th.
317.02 billion
Ranked 25th. 142 times more than Cyprus

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

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