Cyprus military spending/defense budget for 2023 was 566.87 million US dollars, a 6.45% increase from 2022.
Cyprus military spending/defense budget for 2022 was 532.51 million US dollars, a 1.72% decline from 2021.
Cyprus military spending/defense budget for 2021 was 541.80 million US dollars, a 12.08% increase from 2020.
Cyprus military spending/defense budget for 2020 was 483.42 million US dollars, a 4.27% increase from 2019.
Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).