Cyprus recorded a Current Account deficit of 11.90 percent of the country's Gross Domestic Product in 2020. source: EUROSTAT
Current Account to GDP in Cyprus averaged -5.10 percent of GDP from 1995 until 2020, reaching an all time high of 3.10 percent of GDP in 1998 and a record low of -14.70 percent of GDP in 2008. This page provides - Cyprus Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Current Account to GDP - values, historical data and charts - was last updated on July of 2022.
Current Account to GDP in Cyprus is expected to reach -8.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Current Account to GDP is projected to trend around -6.50 percent of GDP in 2022 and -5.50 percent of GDP in 2023, according to our econometric models.