Cyprus recorded a Current Account deficit of 435.70 EUR Million in the third quarter of 2022. source: Central Bank of Cyprus

Current Account in Cyprus averaged -273.50 EUR Million from 2001 until 2022, reaching an all time high of 395.30 EUR Million in the third quarter of 2006 and a record low of -1541.40 EUR Million in the fourth quarter of 2007. This page provides - Cyprus Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Current Account in Cyprus is expected to be -690.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Current Account is projected to trend around -470.00 EUR Million in 2024, according to our econometric models.

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Cyprus Current Account

Calendar GMT Actual Previous Consensus TEForecast
2022-10-06 10:00 AM Q2 €-1037.50M €-809.90M €-400M
2023-01-04 07:00 AM Q3 €-435.7M €-1037.5M € -560M
2023-06-30 11:00 AM Q1 €-435.7M € -690M

Related Last Previous Unit Reference
Balance of Trade -666220.00 -494018.00 EUR Thousand Nov 2022
Current Account -435.70 -1037.50 EUR Million Sep 2022
Imports 983501.00 910042.00 EUR Thousand Nov 2022
Exports 317281.00 416024.00 EUR Thousand Nov 2022
Capital Flows 641.50 -875.70 EUR Million Sep 2022
Remittances 20.80 18.90 EUR Million Sep 2022
External Debt 181011.03 162924.42 EUR Million Sep 2022

Cyprus Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-435.70 -1037.50 395.30 -1541.40 2001 - 2022 EUR Million Quarterly