Cyprus Current Account to GDP

Cyprus recorded a Current Account deficit of 1.90 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Cyprus averaged -5.44 Percent from 1995 until 2013, reaching an all time high of 3.10 Percent in 1998 and a record low of -15.60 Percent in 2008. Current Account to GDP in Cyprus is reported by the Eurostat.

   
 
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Cyprus Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -6.90 3.10 -15.60 1995 - 2013 Percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Cyprus Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trade Last Previous Highest Lowest Unit
Balance of Trade -288419.00 -244191.00 1931.00 -672592.00 EUR Thousand [+]
Exports 141207.00 135942.00 200229.00 5946.00 EUR Thousand [+]
Imports 429626.00 380133.00 784701.00 13481.00 EUR Thousand [+]
Current Account -599.30 -270.00 395.30 -1541.40 EUR Million [+]
Current Account to GDP -1.90 -6.90 3.10 -15.60 Percent [+]
Remittances 13.00 11.00 34.00 1.00 EUR Million [+]
Capital Flows 897.00 391.40 1701.50 -663.80 EUR Million [+]
Tourist Arrivals 342221.00 293181.00 373385.00 16748.00 [+]
Gold Reserves 13.87 13.87 14.48 13.87 Tonnes [+]





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