Cyprus Current Account Balance: % of GDP
2008 - 2024 | Quarterly | % | CEIC Data
Key information about Cyprus Current Account Balance: % of GDP
- Cyprus Current Account deficit accounted for 0.3 % of the country's Nominal GDP in Sep 2024, compared with a 0.6 % deficit in the previous quarter.
- Cyprus Current Account Balance: % of Nominal GDP data is updated quarterly, available from Mar 2008 to Sep 2024, with an average value of -4.5 %.
- The data reached an all-time high of 7.4 % in Sep 2012 and a record low of -25.3 % in Dec 2008.
CEIC calculates Current Account Balance as % of Nominal GDP from quarterly Current Account Balance and quarterly Nominal GDP. The Central Bank of Cyprus provides Current Account Balance in EUR. The Statistical Service of Cyprus provides Nominal GDP in EUR.
Key information about Cyprus Current Account Balance: % of GDP
- In the latest reports of Cyprus, Current Account recorded a deficit of 2.0 USD bn in Mar 2023.
- Foreign Direct Investment (FDI) fell by 4.0 USD bn in Sep 2024.
- Cyprus Direct Investment Abroad fell by 4.9 USD bn in Sep 2024.
- Its Foreign Portfolio Investment fell by 278.0 USD mn in Sep 2024.
- The country's Nominal GDP was reported at 7.6 USD bn in Mar 2023.
View Cyprus's Current Account Balance: % of GDP from Mar 2008 to Sep 2024 in the chart:
What was Cyprus's Current Account Balance: % of GDP in Sep 2024?
Cyprus Current Account deficit accounted for 0.3 % of the country's Nominal GDP in Sep 2024, compared with a 0.6 % deficit in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.3 Sep 2024 | -0.6 Jun 2024 | -25.3 Dec 2008 | 7.4 Sep 2012 | % | quarterly | Mar 2008 - Sep 2024 |
Current Account Balance: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.4 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Algeria (%) | -0.4 Mar 2024 | quarterly | Mar 2007 - Mar 2024 |
| Argentina (%) | 0.8 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Armenia (%) | -3.7 Sep 2024 | quarterly | Dec 1994 - Sep 2024 |
| Australia (%) | -2.1 Sep 2024 | quarterly | Sep 1959 - Sep 2024 |
| Austria (%) | 1.3 Sep 2024 | quarterly | Mar 1970 - Sep 2024 |
| Azerbaijan (%) | 6.8 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Bahrain (%) | 15.2 Dec 2022 | quarterly | Mar 2018 - Dec 2022 |
| Bangladesh (%) | 0.9 2024 | yearly | 1998 - 2024 |
| Belarus (%) | -1.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Belgium (%) | -1.1 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Bolivia (%) | 0.7 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
| Bosnia and Herzegovina (%) | -0.7 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Botswana (%) | -11.8 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Brazil (%) | -3.4 Dec 2024 | quarterly | Mar 1995 - Dec 2024 |
| Brunei (%) | -20.4 Dec 2020 | quarterly | Mar 2013 - Dec 2020 |
| Bulgaria (%) | 5.7 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
| Cambodia (%) | 8.6 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Canada (%) | -0.4 Sep 2024 | quarterly | Mar 1957 - Sep 2024 |
| Chile (%) | -3.9 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| China (%) | 3.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Colombia (%) | -1.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Croatia (%) | 19.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Cyprus (%) | -0.3 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Czech Republic (%) | -0.5 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Denmark (%) | 15.3 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Ecuador (%) | 4.8 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Egypt (%) | 1.3 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (%) | 0.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| European Union (%) | 2.8 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Finland (%) | 3.3 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| France (%) | -0.4 Dec 2024 | quarterly | Mar 1997 - Dec 2024 |
| Georgia (%) | 0.6 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Germany (%) | 3.9 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ghana (%) | 5.6 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
| Greece (%) | 0.5 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Hong Kong SAR, China (%) | 14.9 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hungary (%) | 1.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Iceland (%) | 3.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| India (%) | -1.2 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
| Indonesia (%) | 0.9 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Iran (%) | 0.6 2023 | yearly | 1997 - 2023 |
| Ireland (%) | 16.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Israel (%) | 2.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Italy (%) | 1.9 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Ivory Coast (%) | -6.3 2022 | yearly | 1975 - 2022 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (%) | -6.1 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Kazakhstan (%) | -2.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Kenya (%) | -2.5 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| South Korea (USD mn) | 9,608.5 Dec 2024 | monthly | Jan 1980 - Dec 2024 |
| Kosovo (%) | 8.5 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Kuwait (%) | 31.0 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Kyrgyzstan (%) | -60.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (%) | 2.7 2023 | yearly | 1984 - 2023 |
| Latvia (%) | -4.6 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Lebanon (%) | -2.8 2021 | yearly | 2002 - 2021 |
| Lithuania (%) | 2.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Luxembourg (%) | 10.8 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Macau SAR, China (%) | 31.4 2023 | yearly | 2002 - 2023 |
| North Macedonia (%) | 6.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Malawi (%) | -17.0 2023 | yearly | 1977 - 2023 |
| Malaysia (%) | 0.4 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Malta (%) | 7.7 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mauritius (%) | -7.2 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Mexico (%) | 0.2 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Moldova (%) | -17.2 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mongolia (%) | -14.1 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Montenegro (%) | -23.1 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
| Morocco (%) | -2.0 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Mozambique (%) | -11.6 2023 | yearly | 1980 - 2023 |
| Nepal (%) | 3.9 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 9.5 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| New Zealand (%) | -5.8 Sep 2024 | quarterly | Jun 1987 - Sep 2024 |
| Nigeria (%) | 11.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Norway (%) | 18.1 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
| Oman (%) | -4.9 2021 | yearly | 1980 - 2021 |
| Pakistan (%) | -0.5 2024 | yearly | 1977 - 2024 |
| Palestinian Territory (%) | -16.1 Mar 2023 | quarterly | Mar 2011 - Mar 2023 |
| Panama (%) | 3.9 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Paraguay (%) | -3.6 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Peru (%) | 2.5 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Philippines (%) | -4.3 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Poland (%) | 0.2 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Portugal (%) | 4.7 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Qatar (%) | 18.0 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Romania (%) | -9.3 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Russia (%) | 1.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Saudi Arabia (%) | -3.3 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Serbia (%) | -9.7 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Singapore (%) | 18.7 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Slovakia (%) | -2.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Slovenia (%) | 6.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| South Africa (%) | -1.0 Sep 2024 | quarterly | Mar 1960 - Sep 2024 |
| Spain (%) | 4.0 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Sri Lanka (%) | 1.2 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Sudan (%) | -8.5 2021 | yearly | 1977 - 2021 |
| Sweden (%) | 6.1 Sep 2024 | quarterly | Mar 1980 - Sep 2024 |
| Switzerland (%) | 3.0 Sep 2024 | quarterly | Mar 1983 - Sep 2024 |
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) | -659.7 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Total Exports (USD mn) | 399.9 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Total Exports Growth (%) | -49.5 Nov 2024 | monthly | Jan 2001 - Nov 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) | 1,198.8 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Total Imports Growth (%) | 2.7 Nov 2024 | monthly | Jan 2001 - Nov 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) | 4.788 Oct 2024 | monthly | Nov 1969 - Oct 2024 |
| Total Imports from USA (USD mn) | 9.351 Sep 2024 | monthly | Apr 1964 - Sep 2024 |
| Total Exports to China (USD mn) | 2.674 Oct 2024 | monthly | Nov 1999 - Oct 2024 |
| Total Imports from China (USD mn) | 59.610 Sep 2024 | monthly | Sep 1974 - Sep 2024 |
| Exports (EUR th) | 376,486.000 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Imports (EUR th) | 1,128,716.000 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Foreign Trade: Imports: YoY (%) | 14.500 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Foreign Trade: Exports: YoY (%) | 57.000 Oct 2024 | monthly | Jan 2006 - Oct 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 5,209.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 56,286.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 7,873.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 20,265.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: HS: Mineral Products (EUR th) | 234,929.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
| Exports: EU: United Kingdom (EUR th) | 15,483.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: Middle East: Lebanon (EUR th) | 43,141.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: EU: Greece (EUR th) | 28,418.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Exports: North America: United States (EUR th) | 4,395.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 95,228.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 141,819.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 139,526.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 56,853.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: HS: Mineral Products (EUR th) | 318,110.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: EU: Germany (EUR th) | 61,276.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: EU: Italy (EUR th) | 74,940.000 Oct 2024 | monthly | May 2003 - Oct 2024 |
| Imports: EU: Greece (EUR th) | 273,037.000 Oct 2024 | monthly | May 2003 - Oct 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 (%) | 6.5 Sep 2024 | monthly | Dec 2014 - Sep 2024 |
| Household Debt: % of GDP (%) | 79.6 2023 | yearly | 1995 - 2023 |
| Non-Performing Loans (USD mn) | 1,780.675 Sep 2024 | monthly | Dec 2014 - Sep 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 254.3 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.666 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Gold Reserves (USD mn) | 1,162.579 Dec 2024 | monthly | Mar 1968 - Dec 2024 |
| Total Deposits (USD mn) | 57,857.186 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| Total Deposits Growth (%) | 7.2 Dec 2024 | monthly | Nov 2006 - Dec 2024 |
| Domestic Credit (USD mn) | 21,117.4 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| Domestic Credit Growth (%) | -1.1 Dec 2024 | monthly | Nov 2006 - Dec 2024 |
| Household Debt (USD mn) | 27,595.9 2023 | yearly | 1995 - 2023 |
| Total Loans (USD mn) | 26,306.496 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| Total Loans Growth (%) | 2.54 Dec 2024 | monthly | Nov 2006 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 59.37 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Reserve Assets (EUR mn) | 2,011.944 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 245.642 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 1,123.156 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
| MFIs Deposits: Non MFIs (EUR mn) | 55,895.263 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Non Financial Corporations (EUR mn) | 11,686.864 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 28,864.376 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| MFIs Loans: Non MFIs (EUR mn) | 25,414.449 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| MFIs Loans: Non MFIs: OS: Households: Consumer Credit (EUR mn) | 1,263.398 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| MFIs Loans: Non MFIs: OS: Households: Housing Loans (EUR mn) | 8,795.378 Dec 2024 | monthly | Nov 2005 - Dec 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 6.544 Sep 2024 | monthly | Dec 2014 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 7.9 Jan 2025 | monthly | May 2003 - Jan 2025 |
More Indicators for Cyprus
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