Cyprus Current Account Balance
2001 - 2022 | Quarterly | USD mn | CEIC Data
Key information about Cyprus Current Account Balance
- Cyprus Current Account recorded a deficit of 178.0 USD mn in Dec 2022, compared with a deficit of 512.6 USD mn in the previous quarter.
- Cyprus Current Account Balance: USD mn data is updated quarterly, available from Mar 2001 to Dec 2022, with an averaged value of -273.1 USD mn.
- The data reached an all-time high of 503.7 USD mn in Sep 2006 and a record low of -1.6 USD bn in Dec 2008.
- CEIC converts quarterly Current Account Balance into USD. The Central Bank of Cyprus provides Current Account Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Current Account Balance prior to Q1 2008 is sourced from the International Monetary Fund.
- Foreign Direct Investment (FDI) increased by 9.3 USD bn in Dec 2022.
- Cyprus Direct Investment Abroad expanded by 8.1 USD bn in Dec 2022.
- Its Foreign Portfolio Investment fell by 235.5 USD mn in Dec 2022.
- The country's Nominal GDP was reported at 7.6 USD bn in Mar 2023.
View Cyprus's Current Account Balance from Mar 2001 to Dec 2022 in the chart:
What was Cyprus's Current Account Balance in Dec 2022?
Cyprus Current Account recorded a deficit of 178.0 USD mn in Dec 2022, compared with a deficit of 512.6 USD mn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -178.0 Dec 2022 | -512.6 Sep 2022 | -1,580.4 Dec 2008 | 503.7 Sep 2006 | USD mn | quarterly | Mar 2001 - Dec 2022 |
Current Account Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 3,490.2 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Armenia (USD mn) | -168.6 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Australia (USD mn) | -7,068.6 Jun 2024 | quarterly | Sep 1959 - Jun 2024 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 895.5 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Bahrain (USD mn) | 671.7 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
| Bangladesh (USD mn) | -188.8 Jul 2024 | monthly | Jul 1997 - Jul 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | 39.0 Jun 2024 | quarterly | Mar 1988 - Jun 2024 |
| Bosnia and Herzegovina (USD mn) | -271.0 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -6,525.5 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | -574.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -1,816.9 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| China (USD mn) | 54,525.3 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Colombia (USD mn) | -1,630.4 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 2,407.1 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
| Egypt (USD mn) | -3,711.1 Jun 2024 | quarterly | Dec 1993 - Jun 2024 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 135,819.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -706.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 20,552.3 Aug 2024 | monthly | Jan 1991 - Aug 2024 |
| Ghana (USD mn) | 998.5 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Greece (USD mn) | 717.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Hong Kong SAR, China (USD mn) | 12,924.5 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Hungary (USD mn) | 2,080.3 Jun 2024 | quarterly | Dec 1989 - Jun 2024 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,739.2 Jun 2024 | quarterly | Jun 1949 - Jun 2024 |
| Indonesia (USD mn) | -2,150.2 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 4,962.6 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,378.2 2023 | yearly | 1975 - 2023 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | -662.8 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
| Kenya (USD mn) | -266.0 Jun 2024 | monthly | Jan 2002 - Jun 2024 |
| South Korea (USD mn) | 8,186.7 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Kosovo (USD mn) | -400.8 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Kuwait (USD mn) | 11,086.1 Mar 2024 | quarterly | Mar 2012 - Mar 2024 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -227.4 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Lithuania (USD mn) | 310.9 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Luxembourg (USD mn) | 2,694.4 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Macau SAR, China (USD mn) | 16,954.8 2023 | yearly | 2002 - 2023 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -1,752.1 2021 | yearly | 1977 - 2021 |
| Malaysia (USD mn) | 635.1 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Malta (USD mn) | 437.6 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -697.9 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Mongolia (USD mn) | -524.3 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -1,332.0 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Mozambique (USD mn) | -603.0 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Myanmar (USD mn) | 295.8 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Nepal (USD mn) | 313.5 Jul 2024 | quarterly | Oct 2000 - Jul 2024 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 2,637.2 2023 | yearly | 1974 - 2023 |
| Pakistan (USD mn) | -62.0 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
| Palestinian Territory (USD mn) | -801.1 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Panama (USD mn) | 434.7 Jun 2024 | quarterly | Mar 1998 - Jun 2024 |
| Paraguay (USD mn) | 37.7 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Peru (USD mn) | 1,684.6 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Philippines (USD mn) | -368.4 Mar 2024 | monthly | Jan 1999 - Mar 2024 |
| Poland (USD mn) | -3,111.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Portugal (USD mn) | -33.0 Aug 2024 | monthly | Jan 1996 - Aug 2024 |
| Qatar (USD mn) | 11,023.4 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Romania (USD mn) | -3,110.9 Aug 2024 | monthly | Jun 2002 - Aug 2024 |
| Russia (USD mn) | 7,000.0 Sep 2024 | monthly | Jan 2012 - Sep 2024 |
| Saudi Arabia (USD mn) | 4,324.3 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Serbia (USD mn) | -605.3 Aug 2024 | monthly | Jan 2013 - Aug 2024 |
| Singapore (USD mn) | 25,549.4 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (USD mn) | -277.0 Aug 2024 | monthly | Jan 1997 - Aug 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 6,198.7 Aug 2024 | monthly | Jan 1990 - Aug 2024 |
| Sri Lanka (USD mn) | 414.9 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 14,404.3 Jun 2024 | quarterly | Mar 1975 - Jun 2024 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doCyprus Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.600 2029 | yearly | 2001 - 2029 |
| Trade Balance (USD mn) | -740.7 Aug 2024 | monthly | Jan 1957 - Aug 2024 |
| Total Exports (USD mn) | 304.6 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Exports Growth (%) | -34.6 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Aluminum: Exports (USD th) | 2,262.161 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 392,658.586 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,615.719 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,045.3 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Total Imports Growth (%) | -23.7 Aug 2024 | monthly | Jan 2001 - Aug 2024 |
| Imports: Medicament (USD th) | 374,947.813 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 95,568.267 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 4.326 Jul 2024 | monthly | Nov 1969 - Jul 2024 |
| Total Imports from USA (USD mn) | 6.437 Jul 2024 | monthly | Apr 1964 - Jul 2024 |
| Total Exports to China (USD mn) | 3.892 Jul 2024 | monthly | Nov 1999 - Jul 2024 |
| Total Imports from China (USD mn) | 88.981 Jul 2024 | monthly | Sep 1974 - Jul 2024 |
| Exports (EUR th) | 276,398.000 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Imports (EUR th) | 948,583.000 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
| Foreign Trade: Imports: YoY (%) | -23.700 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Foreign Trade: Exports: YoY (%) | -34.600 Aug 2024 | monthly | Jan 2006 - Aug 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 6,551.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 7,263.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 59,996.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Mineral Products (EUR th) | 141,329.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 19,328.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
| Exports: EU: United Kingdom (EUR th) | 14,772.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: Middle East: Lebanon (EUR th) | 46,999.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: EU: Greece (EUR th) | 31,603.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Exports: North America: United States (EUR th) | 3,988.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 108,615.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 118,347.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 126,263.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 47,344.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: HS: Mineral Products (EUR th) | 256,404.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Germany (EUR th) | 67,832.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Greece (EUR th) | 269,259.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Imports: EU: Italy (EUR th) | 67,153.000 Jul 2024 | monthly | May 2003 - Jul 2024 |
| Export Value Index (2015=100) | 114.907 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 144.778 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.9 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| Household Debt: % of GDP (%) | 83.3 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 1,788.028 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 243.7 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.686 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Gold Reserves (USD mn) | 1,174.999 Sep 2024 | monthly | Mar 1968 - Sep 2024 |
| Total Deposits (USD mn) | 60,229.305 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| Total Deposits Growth (%) | 3.9 Sep 2024 | monthly | Nov 2006 - Sep 2024 |
| Domestic Credit (USD mn) | 22,715.3 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| Domestic Credit Growth (%) | -2.3 Sep 2024 | monthly | Nov 2006 - Sep 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 27,887.130 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| Total Loans Growth (%) | 0.37 Sep 2024 | monthly | Nov 2006 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 60.95 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Reserve Assets (EUR mn) | 1,898.626 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 218.671 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 1,054.283 Sep 2024 | monthly | Jan 2013 - Sep 2024 |
| MFIs Deposits: Non MFIs (EUR mn) | 54,041.548 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 28,018.164 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Non Financial Corporations (EUR mn) | 11,610.592 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| MFIs Loans: Non MFIs (EUR mn) | 25,022.100 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| MFIs Loans: Non MFIs: OS: Households: Housing Loans (EUR mn) | 8,672.226 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| MFIs Loans: Non MFIs: OS: Households: Consumer Credit (EUR mn) | 1,252.534 Sep 2024 | monthly | Nov 2005 - Sep 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 6.920 Jun 2024 | monthly | Dec 2014 - Jun 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 10.9 Oct 2024 | monthly | May 2003 - Oct 2024 |
More Indicators for Cyprus
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