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
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Includes Current Account Balance on 116 economies standardised by CEIC. Instant access to full history data in excel.
| 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) | -3,420.1 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Armenia (USD mn) | 201.6 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Australia (USD mn) | 7,685.3 Dec 2023 | quarterly | Sep 1959 - Dec 2023 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 1,655.4 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
| Bahrain (USD mn) | 569.0 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| Bangladesh (USD mn) | 1,331.8 Jan 2024 | monthly | Jul 1997 - Jan 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) | -268.2 Sep 2023 | quarterly | Mar 1988 - Sep 2023 |
| Bosnia and Herzegovina (USD mn) | -158.3 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -5,068.1 Jan 2024 | monthly | Jan 1995 - Jan 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) | 360.5 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -4,494.9 Sep 2023 | quarterly | Mar 2003 - Sep 2023 |
| China (USD mn) | 56,191.5 Dec 2023 | quarterly | Mar 1998 - Dec 2023 |
| Colombia (USD mn) | -2,293.1 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| 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) | 522.8 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Egypt (USD mn) | -6,825.4 Dec 2023 | quarterly | Dec 1993 - Dec 2023 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 119,182.8 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -1,071.4 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 31,868.7 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
| Ghana (USD mn) | 175.7 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Greece (USD mn) | 1,855.7 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Hong Kong SAR, China (USD mn) | 9,111.4 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Hungary (USD mn) | -964.2 Dec 2023 | quarterly | Dec 1989 - Dec 2023 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -9,195.5 Jun 2023 | quarterly | Jun 1949 - Jun 2023 |
| Indonesia (USD mn) | -1,290.4 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| 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) | 10,541.1 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,350.1 2022 | yearly | 1975 - 2022 |
| 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) | -2,092.5 Dec 2023 | quarterly | Dec 1997 - Dec 2023 |
| Kenya (USD mn) | -446.0 Sep 2023 | monthly | Jan 2002 - Sep 2023 |
| South Korea (USD mn) | 6,638.2 Jan 2024 | monthly | Jan 1980 - Jan 2024 |
| Kosovo (USD mn) | -447.2 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Kuwait (USD mn) | 15,358.8 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | 67.0 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -28.3 Dec 2022 | monthly | Jan 2002 - Dec 2022 |
| Lithuania (USD mn) | 333.2 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Luxembourg (USD mn) | 1,576.9 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Macau SAR, China (USD mn) | 2,782.4 2022 | yearly | 2002 - 2022 |
| 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) | 54.0 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Malta (USD mn) | 13.6 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| 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) | -522.9 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Mongolia (USD mn) | -144.7 Feb 2024 | monthly | Jan 2009 - Feb 2024 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | 104.9 Sep 2023 | quarterly | Mar 2014 - Sep 2023 |
| Mozambique (USD mn) | -505.6 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Myanmar (USD mn) | -256.1 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| Nepal (USD mn) | 769.7 Jan 2024 | quarterly | Oct 2000 - Jan 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) | 2,348.3 Dec 2022 | quarterly | Mar 2008 - Dec 2022 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 5,752.9 2022 | yearly | 1974 - 2022 |
| Pakistan (USD mn) | 198.0 Dec 2023 | quarterly | Mar 1976 - Dec 2023 |
| Palestinian Territory (USD mn) | -529.4 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Panama (USD mn) | -5,854.6 Sep 2023 | quarterly | Mar 1998 - Sep 2023 |
| Paraguay (USD mn) | -138.6 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Peru (USD mn) | 1,633.8 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Philippines (USD mn) | 106.8 Dec 2023 | monthly | Jan 1999 - Dec 2023 |
| Poland (USD mn) | 502.0 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Portugal (USD mn) | 2,077.7 Jan 2024 | monthly | Jan 1996 - Jan 2024 |
| Qatar (USD mn) | 7,030.8 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Romania (USD mn) | -1,480.1 Jan 2024 | monthly | Jun 2002 - Jan 2024 |
| Russia (USD mn) | 600.0 Dec 2023 | monthly | Jan 2012 - Dec 2023 |
| Saudi Arabia (USD mn) | 4,345.0 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Serbia (USD mn) | 139.7 Jan 2024 | monthly | Jan 2013 - Jan 2024 |
| Singapore (USD mn) | 25,500.6 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Slovakia (USD mn) | -146.1 Jan 2024 | monthly | Jan 1997 - Jan 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) | 1,168.4 Dec 2023 | monthly | Jan 1990 - Dec 2023 |
| Sri Lanka (USD mn) | 237.2 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 10,956.8 Dec 2023 | quarterly | Mar 1975 - Dec 2023 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.500 2028 | yearly | 2001 - 2028 |
| Trade Balance (USD mn) | -617.5 Jan 2024 | monthly | Jan 1957 - Jan 2024 |
| Total Exports (USD mn) | 306.9 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Exports Growth (%) | -10.7 Jan 2024 | monthly | Jan 2001 - Jan 2024 |
| Aluminum: Exports (USD th) | 6,478.826 2022 | yearly | 1995 - 2022 |
| 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) | 924.3 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Total Imports Growth (%) | -51.1 Jan 2024 | monthly | Jan 2001 - Jan 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) | 5.794 Dec 2023 | monthly | Nov 1969 - Dec 2023 |
| Total Imports from USA (USD mn) | 6.457 Dec 2023 | monthly | Apr 1964 - Dec 2023 |
| Total Exports to China (USD mn) | 1.139 Dec 2023 | monthly | Nov 1999 - Dec 2023 |
| Total Imports from China (USD mn) | 42.308 Dec 2023 | monthly | Sep 1974 - Dec 2023 |
| Exports (EUR th) | 281,549.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Imports (EUR th) | 848,084.000 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 8,406.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 56,396.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 13,814.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: HS: Mineral Products (EUR th) | 146,327.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 6,859.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: Re-Export (EUR mn) | 2,530.000 2022 | yearly | 1985 - 2022 |
| Exports: EU: United Kingdom (EUR th) | 17,404.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: Middle East: Lebanon (EUR th) | 41,413.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: EU: Greece (EUR th) | 21,694.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Exports: North America: United States (EUR th) | 5,311.000 Dec 2023 | monthly | May 2003 - Dec 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 8.3 Oct 2023 | monthly | Dec 2014 - Oct 2023 |
| Household Debt: % of GDP (%) | 97.5 2021 | yearly | 1995 - 2021 |
| Non-Performing Loans (USD mn) | 2,129.840 Oct 2023 | monthly | Dec 2014 - Oct 2023 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 185.4 Feb 2024 | monthly | Jan 2002 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.554 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Jan 2024 | monthly | Jan 2002 - Jan 2024 |
| Gold Reserves (USD mn) | 906.302 Feb 2024 | monthly | Mar 1968 - Feb 2024 |
| Total Deposits (USD mn) | 56,168.779 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Deposits Growth (%) | 0.1 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Domestic Credit (USD mn) | 22,353.8 Jan 2024 | monthly | Nov 2005 - Jan 2024 |
| Domestic Credit Growth (%) | -6.1 Jan 2024 | monthly | Nov 2006 - Jan 2024 |
| Household Debt (USD mn) | 27,517.3 2021 | yearly | 1995 - 2021 |
| Total Loans (USD mn) | 27,055.506 Feb 2024 | monthly | Nov 2005 - Feb 2024 |
| Total Loans Growth (%) | -0.27 Feb 2024 | monthly | Nov 2006 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 65.80 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Reserve Assets: Foreign Exchange (EUR mn) | 171.552 Feb 2024 | monthly | Jan 2013 - Feb 2024 |
| Reserve Assets (EUR mn) | 1,638.284 Feb 2024 | monthly | Jan 2013 - Feb 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 838.625 Feb 2024 | monthly | Jan 2013 - Feb 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 8.339 Oct 2023 | monthly | Dec 2014 - Oct 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -11.3 Mar 2024 | monthly | May 2003 - Mar 2024 |
More Indicators for Cyprus
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