External balance on goods and services in Cyprus
Cyprus: External balance on goods and services was 2.06 billion current LCU in 2025. ◆ Volatile
Latest (2025)
2.06 billion current LCU
Change on year
up 63.0%
World rank
69th
of 193 countries
All-time high
2.06 billion current LCU
in 2025
All-time low
-2.43 billion current LCU
in 2008
Years of data
51
1975–2025
External balance on goods and services in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Cyprus stood at 2.06 billion current LCU. That is the highest value across all 51 years on record.
The figure is up 63.0% on the previous year and up 316.6% over ten years.
Over the whole period, external balance on goods and services in Cyprus peaked at 2.06 billion current LCU in 2025 and was at its lowest, -2.43 billion current LCU, in 2008.
Cyprus ranks 69th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Cyprus, year by year
| Year | current LCU | Change |
|---|---|---|
| 1975 | -93.12 million current LCU | — |
| 1976 | -73.47 million current LCU | -21.1% |
| 1977 | -144.21 million current LCU | +96.3% |
| 1978 | -178.21 million current LCU | +23.6% |
| 1979 | -205.37 million current LCU | +15.2% |
| 1980 | -231.34 million current LCU | +12.6% |
| 1981 | -195.63 million current LCU | -15.4% |
| 1982 | -233.22 million current LCU | +19.2% |
| 1983 | -263.47 million current LCU | +13.0% |
| 1984 | -284.31 million current LCU | +7.9% |
| 1985 | -255.61 million current LCU | -10.1% |
| 1986 | -92.61 million current LCU | -63.8% |
| 1987 | -90.73 million current LCU | -2.0% |
| 1988 | -185.04 million current LCU | +104.0% |
| 1989 | -324.46 million current LCU | +75.3% |
| 1990 | -244.84 million current LCU | -24.5% |
| 1991 | -457.39 million current LCU | +86.8% |
| 1992 | -592.88 million current LCU | +29.6% |
| 1993 | -24.26 million current LCU | -95.9% |
| 1994 | -24.77 million current LCU | +2.1% |
| 1995 | -66.33 million current LCU | +167.8% |
| 1996 | -34.60 million current LCU | -47.8% |
| 1997 | -116.54 million current LCU | +236.8% |
| 1998 | 225.16 million current LCU | -293.2% |
| 1999 | 257.26 million current LCU | +14.3% |
| 2000 | 257.54 million current LCU | +0.1% |
| 2001 | 521.60 million current LCU | +102.5% |
| 2002 | 138.88 million current LCU | -73.4% |
| 2003 | 195.20 million current LCU | +40.6% |
| 2004 | -17.18 million current LCU | -108.8% |
| 2005 | -78.98 million current LCU | +359.6% |
| 2006 | -469.58 million current LCU | +494.5% |
| 2007 | -833.05 million current LCU | +77.4% |
| 2008 | -2.43 billion current LCU | +191.2% |
| 2009 | -998.50 million current LCU | -58.8% |
| 2010 | -1.60 billion current LCU | +60.5% |
| 2011 | -736.53 million current LCU | -54.0% |
| 2012 | -348.48 million current LCU | -52.7% |
| 2013 | 300.73 million current LCU | -186.3% |
| 2014 | 185.15 million current LCU | -38.4% |
| 2015 | 494.93 million current LCU | +167.3% |
| 2016 | 370.01 million current LCU | -25.2% |
| 2017 | -69.14 million current LCU | -118.7% |
| 2018 | 305.03 million current LCU | -541.2% |
| 2019 | 236.72 million current LCU | -22.4% |
| 2020 | -307.46 million current LCU | -229.9% |
| 2021 | 1.20 billion current LCU | -491.5% |
| 2022 | 1.06 billion current LCU | -11.9% |
| 2023 | 661.43 million current LCU | -37.7% |
| 2024 | 1.26 billion current LCU | +91.2% |
| 2025 | 2.06 billion current LCU | +63.0% |
Cyprus compared with similar countries
- Cyprus's 2.06 billion current LCU is below the median for high income countries, which is 3.18 billion current LCU, 65% of the median. (72 countries reporting)
- Cyprus's 2.06 billion current LCU is above the median for Europe & Central Asia, which is 96.00 million current LCU, 21.5× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -138.88 million current LCU | -205.37 million current LCU | -73.47 million current LCU | 5 |
| 1980s | -215.64 million current LCU | -324.46 million current LCU | -90.73 million current LCU | 10 |
| 1990s | -107.92 million current LCU | -592.88 million current LCU | 257.26 million current LCU | 10 |
| 2000s | -371.02 million current LCU | -2.43 billion current LCU | 521.60 million current LCU | 10 |
| 2010s | -86.38 million current LCU | -1.60 billion current LCU | 494.93 million current LCU | 10 |
| 2020s | 990.90 million current LCU | -307.46 million current LCU | 2.06 billion current LCU | 6 |
Countries ranked near Cyprus
- 66 Portugal 2.81 billion current LCU compare
- 67 Bermuda 2.77 billion current LCU compare
- 68 Turkmenistan 2.10 billion current LCU compare
- 70 Suriname 1.70 billion current LCU compare
- 71 Papua New Guinea 1.68 billion current LCU compare
- 72 Faroe Islands 938.80 million current LCU 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 external balance on goods and services in Cyprus?
- External balance on goods and services in Cyprus was 2.06 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Cyprus?
- The highest recorded value was 2.06 billion current LCU in 2025.
- What is the lowest external balance on goods and services recorded in Cyprus?
- The lowest recorded value was -2.43 billion current LCU in 2008.
- How does Cyprus rank for external balance on goods and services?
- Cyprus ranks 69th out of 193 countries with data for 2025.
- Is external balance on goods and services rising or falling in Cyprus?
- Over the last ten years it is up 316.6%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.