Cyprus Current Account to GDP 1995-2015 | Data | Chart | Calendar

Cyprus recorded a Current Account deficit of 5.10 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Cyprus averaged -5.48 percent from 1995 until 2014, 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.

Cyprus Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-5.10 -3.00 3.10 -15.60 1995 - 2014 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. Content for - Cyprus Current Account to GDP - was last refreshed on Friday, September 4, 2015.


Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -318626.00 -250296.00 1931.00 -672592.00 EUR Thousand [+]
Exports 125686.00 181426.00 258159.00 5946.00 EUR Thousand [+]
Imports 444312.00 432515.00 784701.00 13481.00 EUR Thousand [+]
Current Account -706.10 -115.50 395.30 -1541.40 EUR Million [+]
Current Account to GDP -5.10 -3.00 3.10 -15.60 percent [+]
Remittances 11.10 13.00 34.00 1.00 EUR Million [+]
Capital Flows -240.10 131.40 1701.50 -663.80 EUR Million [+]
Tourist Arrivals 414527.00 336967.00 414527.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 77959.74 76382.59 119576.00 52152.00 EUR Million [+]
Tourism Revenues 259000.00 217100.00 353400.00 28300.00 EUR Thousand [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.80 Dec/14 -3.30 1.40 -6.70 percent [+]
Brazil -4.17 Dec/14 -3.66 1.80 -8.20 percent [+]
Canada -2.10 Dec/14 -2.90 2.70 -4.20 percent [+]
China 2.10 Dec/14 2.00 10.10 -3.70 percent [+]
Euro Area 2.10 Dec/14 1.90 2.10 -1.60 percent [+]
France -1.00 Dec/14 -1.40 3.40 -2.10 percent [+]
Germany 7.60 Dec/14 6.50 7.60 -1.70 percent [+]
India -1.40 Dec/14 -1.70 1.50 -4.70 percent [+]
Indonesia -2.95 Dec/14 -3.20 4.80 -6.80 percent [+]
Italy 1.90 Dec/14 0.90 2.90 -3.70 percent [+]
Japan 0.50 Dec/14 0.70 4.80 -1.00 percent [+]
Mexico -2.10 Dec/14 -1.80 3.40 -6.10 percent [+]
Netherlands 10.30 Dec/14 11.00 11.00 -1.00 percent [+]
Russia 3.09 Dec/14 1.64 18.00 -1.40 percent [+]
South Korea 6.30 Dec/14 5.80 11.90 -8.30 percent [+]
Spain 0.80 Dec/14 1.40 1.50 -9.60 percent [+]
Switzerland 7.00 Dec/14 12.70 15.60 -0.60 percent [+]
Turkey -5.70 Dec/14 -7.90 2.00 -9.70 percent [+]
United Kingdom -5.50 Dec/14 -4.50 1.90 -5.50 percent [+]
United States -2.40 Dec/14 -2.40 0.20 -6.00 percent [+]