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Year:

Cyprus

(Flag of Cyprus) Population 858,000
GDP EUR 17,394 mil.
GDP per capita EUR 20,272
Share in imports of goods to the EU 0.10 %
Net income from the EU EUR 65.78 mil.
Net income from the EU in % of GDP 0.38 %
Net income from the EU per capita 76.67

In 2015 the taxpayers of Cyprus contributed to the European Union  48 euros per head over what they received. Since its accession to the EU the country has paid to the European Union EUR 142 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 -107.60 -0.62 -125.41
ESM -31.40 -0.18 -36.60
VAT-based own resource -23.00 -0.13 -26.81
Customs and Agriculture duties paid by taxpayers -22.00 -0.13 -25.64
UK correction (= the "rebate") -12.10 -0.07 -14.10
European Central Bank - Capital -1.95 -0.01 -2.27
Monetary Income redistribution 0.93 0.01 1.08
Citizenship 8.10 0.05 9.44
Competitiveness 21.10 0.12 24.59
Natural resources (=farm subsidies) 84.50 0.49 98.48
Cohesion 149.20 0.86 173.89
in EUR per capita in mil EUR in % of GDP

Web Design & Development: Pavel Mach, 2008