Cyprus - Net current transfers from abroad

Net current transfers from abroad (current US$)

The latest value for Net current transfers from abroad (current US$) in Cyprus was ($343,485,900) as of 2020. Over the past 44 years, the value for this indicator has fluctuated between $118,702,900 in 2006 and ($543,418,100) in 2014.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1976 $19,691,000
1977 $24,092,710
1978 $18,603,100
1979 $19,880,240
1980 $26,202,320
1981 $22,733,610
1982 $28,976,570
1983 $31,479,420
1984 $14,456,630
1985 $12,763,920
1986 $60,000,000
1987 $63,093,790
1988 $72,396,490
1989 $67,337,280
1990 $74,263,770
1991 $63,888,890
1992 $68,970,020
1993 $66,195,520
1994 $67,261,900
1995 $29,754,200
1996 $22,835,630
1997 $21,436,720
1998 $26,470,590
1999 $60,409,920
2000 $103,958,500
2001 $31,623,320
2002 $68,576,540
2003 $84,809,510
2004 $98,527,500
2005 $53,171,500
2006 $118,702,900
2007 ($7,730,222)
2008 ($100,190,700)
2009 ($275,702,600)
2010 ($254,278,000)
2011 ($307,958,500)
2012 ($315,566,000)
2013 ($445,909,000)
2014 ($543,418,100)
2015 ($478,428,700)
2016 ($400,516,500)
2017 ($376,907,000)
2018 ($416,356,300)
2019 ($301,490,400)
2020 ($343,485,900)

Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Cyprus was -300,721,900 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 110,300,000 in 2000 and a minimum value of -431,207,800 in 2015.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1976 19,500,000
1977 23,700,000
1978 16,700,000
1979 16,600,000
1980 15,800,000
1981 16,300,000
1982 23,500,000
1983 28,300,000
1984 14,500,000
1985 13,300,000
1986 53,100,000
1987 51,800,000
1988 57,700,000
1989 56,900,000
1990 58,000,000
1991 50,600,000
1992 52,900,000
1993 56,200,000
1994 56,500,000
1995 23,000,000
1996 18,200,000
1997 18,800,000
1998 23,400,000
1999 56,000,000
2000 110,300,000
2001 34,722,400
2002 71,319,600
2003 74,886,800
2004 78,822,000
2005 42,755,200
2006 94,618,100
2007 -5,647,700
2008 -68,400,200
2009 -198,450,700
2010 -191,801,900
2011 -221,237,400
2012 -245,605,000
2013 -335,724,900
2014 -409,030,800
2015 -431,207,800
2016 -361,826,600
2017 -333,638,100
2018 -352,570,500
2019 -269,321,400
2020 -300,721,900

Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Cyprus was -31,861,770 as of 2008. As the graph below shows, over the past 28 years this indicator reached a maximum value of 260,273,200 in 1980 and a minimum value of -31,861,770 in 2008.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 260,273,200
1981 219,311,900
1982 149,545,400
1983 89,416,300
1984 84,249,370
1985 76,831,510
1986 70,276,380
1987 61,023,530
1988 79,737,160
1989 62,520,310
1990 54,218,130
1991 46,142,940
1992 37,450,930
1993 35,891,960
1994 32,326,080
1995 44,739,680
1996 34,435,000
1997 34,660,890
1998 42,402,600
1999 99,200,060
2000 188,458,700
2001 57,756,030
2002 112,799,100
2003 114,059,900
2004 119,422,400
2005 61,617,930
2006 137,997,500
2007 -5,654,653
2008 -31,861,770

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts