Current account balance in Cyprus
Cyprus: Current account balance was -2.59 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Cyprus, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cyprus recorded -2.59 billion BoP, current US$ for current account balance in 2025.
The figure is up 15.5% on the previous year and down 5,236.6% over ten years.
Over the whole period, current account balance in Cyprus peaked at 291.42 million BoP, current US$ in 1998 and was at its lowest, -4.02 billion BoP, current US$, in 2008.
That places Cyprus 159th out of 200 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Cyprus, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | -26.55 million BoP, current US$ | — |
| 1977 | -104.63 million BoP, current US$ | +294.0% |
| 1978 | -185.00 million BoP, current US$ | +76.8% |
| 1979 | -239.81 million BoP, current US$ | +29.6% |
| 1980 | -258.32 million BoP, current US$ | +7.7% |
| 1981 | -171.80 million BoP, current US$ | -33.5% |
| 1982 | -178.17 million BoP, current US$ | +3.7% |
| 1983 | -205.07 million BoP, current US$ | +15.1% |
| 1984 | -221.62 million BoP, current US$ | +8.1% |
| 1985 | -180.23 million BoP, current US$ | -18.7% |
| 1986 | -18.91 million BoP, current US$ | -89.5% |
| 1987 | -7.69 million BoP, current US$ | -59.3% |
| 1988 | -107.58 million BoP, current US$ | +1298.8% |
| 1989 | -248.67 million BoP, current US$ | +131.2% |
| 1990 | -154.34 million BoP, current US$ | -37.9% |
| 1991 | -420.30 million BoP, current US$ | +172.3% |
| 1992 | -638.20 million BoP, current US$ | +51.8% |
| 1993 | 109.77 million BoP, current US$ | -117.2% |
| 1994 | 74.36 million BoP, current US$ | -32.3% |
| 1995 | -205.12 million BoP, current US$ | -375.8% |
| 1996 | -467.71 million BoP, current US$ | +128.0% |
| 1997 | -418.08 million BoP, current US$ | -10.6% |
| 1998 | 291.42 million BoP, current US$ | -169.7% |
| 1999 | -170.23 million BoP, current US$ | -158.4% |
| 2000 | -488.06 million BoP, current US$ | +186.7% |
| 2001 | -322.25 million BoP, current US$ | -34.0% |
| 2002 | -379.17 million BoP, current US$ | +17.7% |
| 2003 | -292.06 million BoP, current US$ | -23.0% |
| 2004 | -826.76 million BoP, current US$ | +183.1% |
| 2005 | -970.86 million BoP, current US$ | +17.4% |
| 2006 | -1.28 billion BoP, current US$ | +31.7% |
| 2007 | -1.83 billion BoP, current US$ | +43.2% |
| 2008 | -4.02 billion BoP, current US$ | +119.7% |
| 2009 | -1.74 billion BoP, current US$ | -56.8% |
| 2010 | -2.78 billion BoP, current US$ | +59.8% |
| 2011 | -578.66 million BoP, current US$ | -79.2% |
| 2012 | -968.99 million BoP, current US$ | +67.5% |
| 2013 | -360.15 million BoP, current US$ | -62.8% |
| 2014 | -946.72 million BoP, current US$ | +162.9% |
| 2015 | -48.62 million BoP, current US$ | -94.9% |
| 2016 | -814.52 million BoP, current US$ | +1575.4% |
| 2017 | -1.13 billion BoP, current US$ | +38.4% |
| 2018 | -963.50 million BoP, current US$ | -14.5% |
| 2019 | -1.45 billion BoP, current US$ | +50.2% |
| 2020 | -2.48 billion BoP, current US$ | +71.4% |
| 2021 | -1.69 billion BoP, current US$ | -31.8% |
| 2022 | -2.18 billion BoP, current US$ | +28.8% |
| 2023 | -3.40 billion BoP, current US$ | +56.3% |
| 2024 | -3.07 billion BoP, current US$ | -9.8% |
| 2025 | -2.59 billion BoP, current US$ | -15.5% |
Cyprus compared with similar countries
- Cyprus's -2.59 billion BoP, current US$ is below the median for high income countries, which is 303.23 million BoP, current US$. (72 countries reporting)
- Cyprus's -2.59 billion BoP, current US$ is below the median for Europe & Central Asia, which is -814.98 million BoP, current US$, 3.2× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Current account balance in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -1575.4% | -48.62 million BoP, current US$ | -814.52 million BoP, current US$ |
| 1988 | -1298.8% | -7.69 million BoP, current US$ | -107.58 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -139.00 million BoP, current US$ | -239.81 million BoP, current US$ | -26.55 million BoP, current US$ | 4 |
| 1980s | -159.81 million BoP, current US$ | -258.32 million BoP, current US$ | -7.69 million BoP, current US$ | 10 |
| 1990s | -199.84 million BoP, current US$ | -638.20 million BoP, current US$ | 291.42 million BoP, current US$ | 10 |
| 2000s | -1.21 billion BoP, current US$ | -4.02 billion BoP, current US$ | -292.06 million BoP, current US$ | 10 |
| 2010s | -1.00 billion BoP, current US$ | -2.78 billion BoP, current US$ | -48.62 million BoP, current US$ | 10 |
| 2020s | -2.57 billion BoP, current US$ | -3.40 billion BoP, current US$ | -1.69 billion BoP, current US$ | 6 |
Countries ranked near Cyprus
- 156 Suriname -2.48 billion BoP, current US$ compare
- 157 Mongolia -2.49 billion BoP, current US$ compare
- 158 Mozambique -2.49 billion BoP, current US$ compare
- 160 Palestine -2.72 billion BoP, current US$ compare
- 161 Algeria -2.75 billion BoP, current US$ compare
- 162 Jordan -3.13 billion BoP, current US$ compare
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Cyprus?
- Current account balance in Cyprus was -2.59 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Cyprus?
- The highest recorded value was 291.42 million BoP, current US$ in 1998.
- What is the lowest current account balance recorded in Cyprus?
- The lowest recorded value was -4.02 billion BoP, current US$ in 2008.
- How does Cyprus rank for current account balance?
- Cyprus ranks 159th out of 200 countries with data for 2025.
- Is current account balance rising or falling in Cyprus?
- Over the last ten years it is down 5,236.6%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.