Cyprus Current Account to GDP  1995-2016 | Data | Chart | Calendar

Cyprus is expected to record a current account deficit equivalent to 4.8 percent of GDP in 2015, according to European Commission's Winter 2016 Economic Forecast. 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
-4.80 -3.00 3.10 -15.60 1995 - 2015 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. Cyprus Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -264946.00 -241431.00 1931.00 -672592.00 EUR Thousand [+]
Exports 142601.00 115609.00 260219.00 5946.00 EUR Thousand [+]
Imports 407547.00 357040.00 784701.00 13481.00 EUR Thousand [+]
Current Account -110.10 72.50 395.30 -1541.40 EUR Million [+]
Current Account to GDP -4.80 -3.00 3.10 -15.60 percent [+]
Capital Flows -546.10 434.90 1701.50 -1027.50 EUR Million [+]
Remittances 13.70 9.00 34.00 1.00 EUR Million [+]
Tourism Revenues 37600.00 29100.00 358500.00 28300.00 EUR Thousand [+]
Tourist Arrivals 225575.00 137013.00 414527.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 102488.04 97652.13 119576.00 52152.00 EUR Million [+]
Terrorism Index 3.08 3.19 3.19 0.05 [+]




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Pakistan -1.00 Jun/15
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Haiti -3.10 Dec/14
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Canada -3.30 Dec/15
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Brazil -3.32 Dec/15
Lesotho -3.40 Dec/14
El Salvador -3.60 Dec/15
Belarus -3.80 Dec/15
Costa Rica -4.20 May/16
Cameroon -4.30 Dec/15
Peru -4.39 Dec/15
South Africa -4.40 Dec/15
Turkmenistan -4.40 Dec/14
Turkey -4.50 Dec/15
Yemen -4.50 Dec/13
Australia -4.60 Dec/15
Uruguay -4.60 Dec/14
Cyprus -4.80 Dec/15
Mongolia -4.80 Dec/15
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Bosnia and Herzegovina -5.60 Dec/15
Chad -5.60 Dec/14
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Ethiopia -7.09 Dec/14
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Belize -8.00 Dec/14
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Equatorial Guinea -8.10 Dec/14
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Congo -8.40 Dec/14
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Panama -8.90 Dec/14
Jordan -9.00 Dec/15
Senegal -9.30 Dec/14
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Cambodia -10.60 Dec/14
Gambia -10.65 Dec/14
Burkina Faso -10.70 Dec/14
Palestine -10.90 Dec/14
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Rwanda -11.80 Dec/14
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Maldives -11.90 Dec/15
Albania -12.10 Dec/14
Guyana -12.20 Dec/14
Comoros -12.90 Dec/14
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Benin -15.20 Dec/14
Sao Tome and Principe -17.00 Dec/14
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