The preliminary fiscal results for January–July 2026 indicate a surplus of €770.6 million (2.0% of GDP), slightly higher than the €759.6 million surplus in the same period of 2025, according to CYSTAT.
The preliminary general government fiscal results for January–July 2026, prepared by the Statistical Service of Cyprus (CYSTAT), indicate a surplus of €770.6 million, which is 2.0% of Gross Domestic Product (GDP). This compares to a surplus of €759.6 million (2.1% of GDP) recorded during the same period in 2025.
During this period, total revenue increased by €354.1 million (+4.1%) to €8,913.8 million, from €8,559.7 million in 2025. Revenue from taxes on income and wealth rose by €157.5 million (+7.7%) to €2,191.0 million. Social contributions increased by €207.2 million (+7.5%) to €2,975.1 million. Taxes on production and imports increased by €217.7 million (+8.1%) to €2,903.0 million, with net VAT revenue increasing by €259.5 million (+14.7%) to €2,028.2 million.
On the expenditure side, total spending increased by €343.1 million (+4.4%) to €8,143.2 million. Main components include an increase in intermediate consumption by €91.5 million (+11.7%) to €873.3 million, and social benefits rising by €165.2 million (+5.2%) to €3,356.3 million. Compensation of employees increased by €74.8 million (+3.3%) to €2,311.0 million. Interest payable rose by €15.8 million (+5.6%) to €298.8 million.
The net lending/borrowing for the period was €-70.6 million, representing 2.0% of GDP. The data covers all subsectors of the general government, with estimates provided for some entities due to data submission issues. More detailed information is available on the CYSTAT portal.
