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Year:

Cyprus

(Flag of Cyprus) Population 803,147
GDP EUR 17,334 mil.
GDP per capita EUR 21,582
Share in imports of goods to the EU 0.10 %
Net contribution to the EU EUR 15.66 mil.
Net contribution to the EU in % of GDP 0.09 %
Net contribution to the EU per capita 19.50

In 2016 the taxpayers of Cyprus contributed to the European Union  13 euros per head over what they received. Since its accession to the EU the country has paid to the European Union EUR 153 million over what it has received. Select a year in the upper right-hand corner to see details for other years.

Note that this breakdown compares fiscal transfers only and does not include other costs and benefits connected with membership in the EU (administrative costs, co-funding of EU projects, effects of EU legislation on domestic prices etc.).

The Republic of Cyprus is a member of the European Union since May 2004. Although the country's flag depicts the whole island, note that the Turkish Republic of Northern Cyprus (a state that declared independence in 1983 and is recognized only by Turkey) in the north of the isle is not a member of the EU, nor are the United Kingdom sovereign bases of Akrotiri and Dhekelia in the island. Cyprus' Accession Treaty is available here.

Payment in mil EUR in % of GDP in EUR per capita
GNI-based own resource -124.20 -0.72 -154.64
VAT-based own resource -24.90 -0.14 -31.00
Customs and Agriculture duties paid by taxpayers -20.68 -0.12 -25.75
UK correction (= the "rebate") -7.70 -0.04 -9.59
European Central Bank - Capital -6.85 -0.04 -8.53
Reduction in GNI-own resource granted to NL and SE -1.10 -0.01 -1.37
Penalties -0.03 0.00 -0.04
Monetary Income redistribution 0.00 0.00 0.00
Citizenship 1.60 0.01 1.99
Freedom, security, justice 4.20 0.02 5.23
Competitiveness 24.30 0.14 30.26
Cohesion 66.90 0.39 83.30
Natural resources (=farm subsidies) 72.80 0.42 90.64
in EUR per capita in mil EUR in % of GDP

Web Design & Development: Pavel Mach, 2008