money-go-round.eu
AT BE BG HR CY CZ DK EE FI FR DE EL HU IE IT LV LT LU MT NL PL PT RO SK SI ES SE UK
Year:

Cyprus

(Flag of Cyprus) Population 839,751
GDP EUR 17,761 mil.
GDP per capita EUR 21,151
Share in imports of goods to the EU 0.10 %
Net contribution to the EU EUR 4.89 mil.
Net contribution to the EU in % of GDP 0.03 %
Net contribution to the EU per capita 5.83

In 2016 the taxpayers of Cyprus received from the European Union  3 euros per head over what they contributed. Since its accession to the EU the country has paid to the European Union EUR 139 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 -123.40 -0.69 -146.95
VAT-based own resource -27.00 -0.15 -32.15
Customs and Agriculture duties paid by taxpayers -22.19 -0.12 -26.43
UK correction (= the "rebate") -8.50 -0.05 -10.12
Reduction in GNI-own resource granted to NL and SE -1.20 -0.01 -1.43
Monetary Income redistribution 0.00 0.00 0.00
Citizenship 1.00 0.01 1.19
Freedom, security, justice 6.60 0.04 7.86
Competitiveness 18.50 0.10 22.03
Natural resources (=farm subsidies) 66.00 0.37 78.59
Cohesion 85.30 0.48 101.58
in EUR per capita in mil EUR in % of GDP

Web Design & Development: Pavel Mach, 2008