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Current account balance — all countries

Current account balance — Cyprus

Current account balance in Cyprus in 2031 — -10.5%. Ranked 175 in the world out of 188. Since 1980, the indicator has risen by 0.7 pp.

2031 -10.5% +0.2 pp vs 2030
World rank 175of 188
Period maximum 2.8%1998
Period minimum -14.7%2008

Trend over time

1980–2031 · % of GDP

Current account balance — Cyprus, 1980–2031-15-10-50519801986199219982004201020162022202820311980: -11.2%1981: -7.7%1982: -7.7%1983: -8.8%1984: -9.1%1985: -6.9%1986: -0.6%1987: -0.2%1988: -2.3%1989: -5.1%1990: -2.6%1991: -6.8%1992: -8.6%1993: 1.5%1994: 0.9%1995: -2.1%1996: -4.7%1997: -4.4%1998: 2.8%1999: -1.6%2000: -4.9%2001: -3%2002: -3.4%2003: -2%2004: -4.5%2005: -5.3%2006: -6.3%2007: -10.7%2008: -14.7%2009: -6.7%2010: -10.6%2011: -2.2%2012: -3.7%2013: -1.5%2014: -4%2015: -0.3%2016: -4%2017: -5%2018: -3.9%2019: -5.5%2020: -9.7%2021: -5.5%2022: -6.9%2023: -9.7%2024: -8.2%2025: -8.1%2026: -9.3%2027: -10.3%2028: -10.9%2029: -11%2030: -10.7%2031: -10.5%
Change over the period: +0.7 pp Annual average: 0.01 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Cyprus

Cyprus -10.5%
World computed 0.28%
Europe & Central Asia computed 1.53%
Western Asia computed 0.8%
High-income countries computed 0.13%
Current account balance — Cyprus, by year Cyprus All countries CSV XLSX
Year % Change, pp
2031 -10.5 +0.2 pp
2030 -10.7 +0.3 pp
2029 -11 −0.1 pp
2028 -10.9 −0.6 pp
2027 -10.3 −1 pp
2026 -9.3 −1.2 pp
2025 -8.1 +0.1 pp
2024 -8.2 +1.5 pp
2023 -9.7 −2.8 pp
2022 -6.9 −1.4 pp
2021 -5.5 +4.2 pp
2020 -9.7 −4.2 pp
2019 -5.5 −1.6 pp
2018 -3.9 +1.1 pp
2017 -5 −1 pp
2016 -4 −3.7 pp
2015 -0.3 +3.7 pp
2014 -4 −2.5 pp
2013 -1.5 +2.2 pp
2012 -3.7 −1.5 pp
2011 -2.2 +8.4 pp
2010 -10.6 −3.9 pp
2009 -6.7 +8 pp
2008 -14.7 −4 pp
2007 -10.7 −4.4 pp
2006 -6.3 −1 pp
2005 -5.3 −0.8 pp
2004 -4.5 −2.5 pp
2003 -2 +1.4 pp
2002 -3.4 −0.4 pp
2001 -3 +1.9 pp
2000 -4.9 −3.3 pp
1999 -1.6 −4.4 pp
1998 2.8 +7.2 pp
1997 -4.4 +0.3 pp
1996 -4.7 −2.6 pp
1995 -2.1 −3 pp
1994 0.9 −0.6 pp
1993 1.5 +10.1 pp
1992 -8.6 −1.8 pp
1991 -6.8 −4.2 pp
1990 -2.6 +2.5 pp
1989 -5.1 −2.8 pp
1988 -2.3 −2.1 pp
1987 -0.2 +0.4 pp
1986 -0.6 +6.3 pp
1985 -6.9 +2.2 pp
1984 -9.1 −0.3 pp
1983 -8.8 −1.1 pp
1982 -7.7 +0 pp
1981 -7.7 +3.5 pp
1980 -11.2 —

Western Asia, 2031

The same indicator for neighboring countries — with links to their pages

QA Qatar 14.4 KW Kuwait 14.3 AE United Arab Emirates 9 OM Oman 5.6 IL Israel 2.8 BH Bahrain 2 AZ Azerbaijan 0.6 TR Türkiye -1.2 SA Saudi Arabia -3.8 AM Armenia -4.4 JO Jordan -4.6 GE Georgia -5 IQ Iraq -5.6 YE Yemen -7.8 CY Cyprus -10.5
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Cyprus

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Cyprus by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Cyprus by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

Cyprus by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Cyprus by year
All indicators for Cyprus