Key Market Indicators
Cyprus is projected to see its mental health expenditure reach approximately €12.4 million by 2028, a slight decline from €12.7 million in 2023. This represents an average annual decrease of around 0.3%. Since 2015, the country's demand for mental health services has remained stagnant, showing a 0% change year-on-year. In the 2023 rankings, Cyprus was placed 22nd, with Lithuania surpassing it at the same expenditure level of €12.7 million. Leading the rankings are the Netherlands, Norway, and Switzerland, which secured the second, third, and fourth positions respectively for mental health spending.
