Cyprus - Current account balance

Current account balance (BoP, current US$)

The latest value for Current account balance (BoP, current US$) in Cyprus was ($2,508,890,000) as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $291,417,500 in 1998 and ($4,021,890,000) in 2008.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 ($26,553,260)
1977 ($104,625,700)
1978 ($185,000,500)
1979 ($239,812,300)
1980 ($258,319,100)
1981 ($171,795,700)
1982 ($178,171,000)
1983 ($205,073,400)
1984 ($221,623,300)
1985 ($180,229,500)
1986 ($18,913,690)
1987 ($7,690,764)
1988 ($107,580,200)
1989 ($248,673,300)
1990 ($154,339,900)
1991 ($420,301,500)
1992 ($638,195,800)
1993 $109,769,700
1994 $74,361,380
1995 ($205,119,100)
1996 ($467,713,300)
1997 ($418,075,900)
1998 $291,417,500
1999 ($170,232,700)
2000 ($488,055,800)
2001 ($322,248,400)
2002 ($379,165,900)
2003 ($292,062,600)
2004 ($826,757,500)
2005 ($970,855,800)
2006 ($1,278,223,000)
2007 ($1,830,418,000)
2008 ($4,021,890,000)
2009 ($1,737,608,000)
2010 ($2,798,526,000)
2011 ($606,475,300)
2012 ($998,425,000)
2013 ($349,870,700)
2014 ($957,946,500)
2015 ($83,510,340)
2016 ($863,601,500)
2017 ($1,134,426,000)
2018 ($975,767,800)
2019 ($1,466,679,000)
2020 ($2,508,890,000)

Current account balance (% of GDP)

Current account balance (% of GDP) in Cyprus was -10.19 as of 2020. Its highest value over the past 44 years was 2.84 in 1998, while its lowest value was -19.19 in 1978.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1976 -4.61
1977 -14.24
1978 -19.19
1979 -18.61
1980 -11.99
1981 -8.23
1982 -8.25
1983 -9.49
1984 -9.73
1985 -7.42
1986 -0.61
1987 -0.21
1988 -2.51
1989 -5.45
1990 -2.76
1991 -7.28
1992 -9.23
1993 1.67
1994 1.00
1995 -2.06
1996 -4.67
1997 -4.38
1998 2.84
1999 -1.62
2000 -4.89
2001 -3.10
2002 -3.32
2003 -2.01
2004 -4.77
2005 -5.27
2006 -6.37
2007 -7.64
2008 -14.44
2009 -6.70
2010 -10.88
2011 -2.20
2012 -4.00
2013 -1.46
2014 -4.14
2015 -0.42
2016 -4.12
2017 -4.96
2018 -3.82
2019 -5.69
2020 -10.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments