Cyprus Posts 4.0% Budget Surplus In Q4 2025, Eurostat Says

Positive fiscal balance was maintained throughout 2025.

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Cyprus recorded a seasonally adjusted fiscal surplus of 4.0% of GDP in the fourth quarter of 2025, while the European Union as a whole posted a deficit of 3.2%, according to data published on Wednesday by Eurostat.

The figures show Cyprus maintained a positive fiscal balance throughout 2025. The surplus stood at 5.0% of GDP in the first quarter, 1.8% in the second and 2.8% in the third, before rising again to 4.0% at the end of the year.

Compared with the fourth quarter of 2024, the rate remained unchanged, while on a quarterly basis it increased by 1.2 percentage points.

Eurozone and EU deficits

Across the eurozone, the seasonally adjusted general government deficit stood at 3.0% of GDP in the fourth quarter of 2025, slightly down from 3.1% in the third quarter.

Across the European Union, the deficit edged up to 3.2% of GDP from 3.1% in the previous quarter.

Eurostat said total government revenue in the EU reached 46.8% of GDP in the fourth quarter of 2025, up from 46.5% in the previous quarter, while total government expenditure rose to 50.0% from 49.6%.

In the eurozone, government revenue stood at 47.3% of GDP, up from 46.9% in the third quarter of 2025, while expenditure increased to 50.3% from 50.0%.

CNA

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