External balance on goods and services in Cyprus
Cyprus: External balance on goods and services was 2.33 billion current US$ in 2025. ◆ Volatile
External balance on goods and services in Cyprus, 1975–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Cyprus recorded 2.33 billion current US$ for external balance on goods and services in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 70.2% on the previous year and up 324.3% over ten years.
Over the whole period, external balance on goods and services in Cyprus peaked at 2.33 billion current US$ in 2025 and was at its lowest, -3.57 billion current US$, in 2008.
That places Cyprus 59th out of 193 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | -103.89 million current US$ | — |
| 1976 | -74.19 million current US$ | -28.6% |
| 1977 | -146.59 million current US$ | +97.6% |
| 1978 | -198.51 million current US$ | +35.4% |
| 1979 | -245.95 million current US$ | +23.9% |
| 1980 | -383.66 million current US$ | +56.0% |
| 1981 | -272.85 million current US$ | -28.9% |
| 1982 | -287.58 million current US$ | +5.4% |
| 1983 | -293.07 million current US$ | +1.9% |
| 1984 | -283.46 million current US$ | -3.3% |
| 1985 | -245.30 million current US$ | -13.5% |
| 1986 | -104.64 million current US$ | -57.3% |
| 1987 | -110.51 million current US$ | +5.6% |
| 1988 | -232.17 million current US$ | +110.1% |
| 1989 | -383.98 million current US$ | +65.4% |
| 1990 | -313.50 million current US$ | -18.4% |
| 1991 | -577.52 million current US$ | +84.2% |
| 1992 | -772.99 million current US$ | +33.8% |
| 1993 | -28.58 million current US$ | -96.3% |
| 1994 | -29.49 million current US$ | +3.2% |
| 1995 | -85.81 million current US$ | +191.0% |
| 1996 | -43.42 million current US$ | -49.4% |
| 1997 | -132.88 million current US$ | +206.1% |
| 1998 | 254.70 million current US$ | -291.7% |
| 1999 | 277.52 million current US$ | +9.0% |
| 2000 | 242.73 million current US$ | -12.5% |
| 2001 | 475.04 million current US$ | +95.7% |
| 2002 | 133.53 million current US$ | -71.9% |
| 2003 | 221.06 million current US$ | +65.5% |
| 2004 | -21.48 million current US$ | -109.7% |
| 2005 | -98.22 million current US$ | +357.3% |
| 2006 | -589.11 million current US$ | +499.8% |
| 2007 | -1.14 billion current US$ | +93.6% |
| 2008 | -3.57 billion current US$ | +212.9% |
| 2009 | -1.39 billion current US$ | -61.0% |
| 2010 | -2.12 billion current US$ | +52.5% |
| 2011 | -1.03 billion current US$ | -51.7% |
| 2012 | -447.73 million current US$ | -56.3% |
| 2013 | 399.40 million current US$ | -189.2% |
| 2014 | 245.97 million current US$ | -38.4% |
| 2015 | 549.13 million current US$ | +123.2% |
| 2016 | 409.56 million current US$ | -25.4% |
| 2017 | -78.11 million current US$ | -119.1% |
| 2018 | 360.22 million current US$ | -561.2% |
| 2019 | 265.00 million current US$ | -26.4% |
| 2020 | -351.18 million current US$ | -232.5% |
| 2021 | 1.42 billion current US$ | -505.4% |
| 2022 | 1.12 billion current US$ | -21.5% |
| 2023 | 715.18 million current US$ | -36.0% |
| 2024 | 1.37 billion current US$ | +91.4% |
| 2025 | 2.33 billion current US$ | +70.2% |
Cyprus compared with similar countries
- Cyprus's 2.33 billion current US$ is below the median for high income countries, which is 3.43 billion current US$, 68% of the median. (72 countries reporting)
- Cyprus's 2.33 billion current US$ is above the median for Europe & Central Asia, which is -50.32 million current US$. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -153.83 million current US$ | -245.95 million current US$ | -74.19 million current US$ | 5 |
| 1980s | -259.72 million current US$ | -383.98 million current US$ | -104.64 million current US$ | 10 |
| 1990s | -145.20 million current US$ | -772.99 million current US$ | 277.52 million current US$ | 10 |
| 2000s | -573.76 million current US$ | -3.57 billion current US$ | 475.04 million current US$ | 10 |
| 2010s | -144.58 million current US$ | -2.12 billion current US$ | 549.13 million current US$ | 10 |
| 2020s | 1.10 billion current US$ | -351.18 million current US$ | 2.33 billion current US$ | 6 |
Countries ranked near Cyprus
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$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services in Cyprus?
- External balance on goods and services in Cyprus was 2.33 billion current US$ 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 2.33 billion current US$ in 2025.
- What is the lowest external balance on goods and services recorded in Cyprus?
- The lowest recorded value was -3.57 billion current US$ in 2008.
- How does Cyprus rank for external balance on goods and services?
- Cyprus ranks 59th 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 324.3%. 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 US$). 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 indicator is expressed in United States dollars.