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Cyprus Current Account Value and percent from GDP

Cyprus Current Account Data

Indicator Data Period
Current Account to GDP -9.1 % 2022
Current Account -346 EUR Million | -0.367 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Cyprus - Historical Data (%)

What is ratio of Cyprus Current Account to GDP?

  • The deficit of Current Account to GDP in Cyprus decreased to 9.1 % in 2022. The maximum surplus was 3.1 % and deficit was -14.7 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-9.1 2022 13.04.2023
-7.2 2021 19.07.2022
-11.9 2020 06.08.2021
-6.7 2019 14.04.2020
-7 2018 11.04.2019
-8.4 2017 17.01.2019
-4.9 2016 21.02.2018
-2.9 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - -5.3000 -6.7000 -4.9000 -6.7000 26.42%


Latest data on Current Account (EUR Million)

Current Account
                     Cyprus - Historical Data (EUR Million)

What is Cyprus Current Account Deficit?

  • The deficit of Current Account in Cyprus increased to 346 EUR Million (0.367 B USD) in the second quarter of 2023. The maximum value was 395 EUR Million and minimum was -1541 EUR Million.
  • Data published Quarterly by Central Bank.

Historical Data (EUR Million) by years

Data
Period
Date
-346 2Q/23 06.10.2023
-1876 1Q/23 05.07.2023
-174 4Q/22 08.04.2023
-436 3Q/22 04.01.2023
-1038 2Q/22 06.10.2022
-1062 1Q/22 30.06.2022
-126 4Q/21 31.03.2022
-145 3Q/21 18.01.2022


Historical Chart by presidents (EUR Million)

Current Account in Cyprus by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Nicos Anastasiades 28.02.2013 - -721.1000 -1093.0000 321.0000 -1093.7000 51.57%

Other trade indicators in Cyprus

Index Updated Actual Previous
Balance of Trade Aug/23 -0.71 B USD -0.731
Capital Flows 2Q/23 -0.009 B USD -1.706
Exports Aug/23 0.44 B USD 0.408
Foreign Exchange Reserves Sep/23 1.695 B USD 1.7
Imports Aug/23 1.15 B USD 1.139
Tourist Arrivals Aug/23 0.511 Million Persons 0.524

Current Account to GDP in other countries

Country Updated Actual Previous
Austria 2022 0.7 % 0.4
Ireland 2022 8.8 % 14.2
Luxembourg 2022 5 % 4.6
Spain 2022 0.6 % 1
Iceland 2022 -1.5 % -2.4
Norway 2022 30.3 % 13.6
Belarus 2022 4.2 % 2.7
Belgium 2022 -3.5 % 0.4
Bulgaria 2022 -0.7 % -1.9
Croatia 2022 -3.3 % 3.1
Cyprus 2022 -9.1 % -6.8
Czech Republic 2022 -6.1 % -2.8
Denmark 2022 13.2 % 9
Estonia 2022 -2.2 % -1.8
Euro Area 2022 -1 % 2.3
European Union 2022 -0.6 % 2.6
Finland 2022 -3.9 % 0.5
France 2022 -2.1 % 0.4
Germany 2022 4.2 % 7.7
Greece 2022 -9.7 % -6.8
Hungary 2022 -8.2 % -3.9
Italy 2022 -1.3 % 3.1
Latvia 2022 -6.4 % -4.2
Lithuania 2022 -5.1 % 1.1
Macedonia 2022 -6.7 % -3.6
Malta 2022 -5.8 % 1.2
Moldova 2022 -13.1 % -11.6
Montenegro 2022 -13.3 % -9.2
Netherlands 2022 4.4 % 7.3
Poland 2022 -3 % -1.4
Portugal 2022 -1.3 % -0.8
Romania 2022 -9.3 % -7.2
Russia 2022 10.3 % 6.8
Serbia 2022 -6.9 % -4.3
Slovakia 2022 -8.3 % -2.5
Slovenia 2022 -0.4 % 3.8
Sweden 2022 4.3 % 6.5
Switzerland 2022 9.8 % 7.9
Turkey 2022 -5.4 % -0.9
Ukraine 2022 5 % -1.9
United Kingdom 2018 -3.9 % -4.1
Albania 2022 -6 % -7.6
Bosnia and Herzegovina 2022 -4.5 % -2.4
Kosovo 2022 -10.8 % -8.7