Personal remittances, paid (current US$) (IMF balance) in Cyprus
Cyprus: Personal remittances, paid (current US$) (IMF balance) was 1.52 billion current US$ in 2025. ◆ Volatile
Personal remittances, paid in Cyprus, 1976–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Cyprus recorded 1.52 billion current US$ for personal remittances, paid in 2025. That is the highest value across all 50 years on record.
That represents a change of up 16.8% on the previous year and up 137.6% over ten years.
Over the whole period, personal remittances, paid in Cyprus peaked at 1.52 billion current US$ in 2025 and was at its lowest, 3.43 million current US$, in 1977.
That places Cyprus 44th out of 196 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$) (IMF balance) in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 4.14 million current US$ | — |
| 1977 | 3.43 million current US$ | -17.2% |
| 1978 | 4.55 million current US$ | +32.7% |
| 1979 | 7.05 million current US$ | +55.0% |
| 1980 | 9.06 million current US$ | +28.5% |
| 1981 | 7.36 million current US$ | -18.8% |
| 1982 | 7.78 million current US$ | +5.8% |
| 1983 | 6.65 million current US$ | -14.6% |
| 1984 | 5.61 million current US$ | -15.6% |
| 1985 | 6.20 million current US$ | +10.6% |
| 1986 | 6.95 million current US$ | +12.0% |
| 1987 | 7.28 million current US$ | +4.7% |
| 1988 | 10.93 million current US$ | +50.2% |
| 1989 | 9.70 million current US$ | -11.2% |
| 1990 | 12.01 million current US$ | +23.7% |
| 1991 | 18.30 million current US$ | +52.4% |
| 1992 | 23.80 million current US$ | +30.0% |
| 1993 | 24.53 million current US$ | +3.0% |
| 1994 | 33.73 million current US$ | +37.5% |
| 1995 | 47.52 million current US$ | +40.9% |
| 1996 | 53.61 million current US$ | +12.8% |
| 1997 | 50.59 million current US$ | -5.6% |
| 1998 | 52.14 million current US$ | +3.1% |
| 1999 | 52.49 million current US$ | +0.7% |
| 2000 | 48.20 million current US$ | -8.2% |
| 2001 | 79.29 million current US$ | +64.5% |
| 2002 | 107.04 million current US$ | +35.0% |
| 2003 | 183.92 million current US$ | +71.8% |
| 2004 | 213.44 million current US$ | +16.1% |
| 2005 | 240.68 million current US$ | +12.8% |
| 2006 | 239.60 million current US$ | -0.4% |
| 2007 | 304.68 million current US$ | +27.2% |
| 2008 | 814.00 million current US$ | +167.2% |
| 2009 | 694.83 million current US$ | -14.6% |
| 2010 | 951.99 million current US$ | +37.0% |
| 2011 | 895.42 million current US$ | -5.9% |
| 2012 | 759.75 million current US$ | -15.2% |
| 2013 | 742.26 million current US$ | -2.3% |
| 2014 | 790.21 million current US$ | +6.5% |
| 2015 | 639.40 million current US$ | -19.1% |
| 2016 | 689.85 million current US$ | +7.9% |
| 2017 | 776.52 million current US$ | +12.6% |
| 2018 | 869.95 million current US$ | +12.0% |
| 2019 | 840.81 million current US$ | -3.4% |
| 2020 | 863.63 million current US$ | +2.7% |
| 2021 | 1.01 billion current US$ | +16.6% |
| 2022 | 979.97 million current US$ | -2.7% |
| 2023 | 1.22 billion current US$ | +24.8% |
| 2024 | 1.30 billion current US$ | +6.4% |
| 2025 | 1.52 billion current US$ | +16.8% |
Cyprus compared with similar countries
- Cyprus's 1.52 billion current US$ is above the median for high income countries, which is 1.15 billion current US$, 1.3× the median. (71 countries reporting)
- Cyprus's 1.52 billion current US$ is above the median for Europe & Central Asia, which is 1.16 billion current US$, 1.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$) (IMF 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 |
|---|---|---|---|
| 2008 | +167.2% | 304.68 million current US$ | 814.00 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.79 million current US$ | 3.43 million current US$ | 7.05 million current US$ | 4 |
| 1980s | 7.75 million current US$ | 5.61 million current US$ | 10.93 million current US$ | 10 |
| 1990s | 36.87 million current US$ | 12.01 million current US$ | 53.61 million current US$ | 10 |
| 2000s | 292.57 million current US$ | 48.20 million current US$ | 814.00 million current US$ | 10 |
| 2010s | 795.62 million current US$ | 639.40 million current US$ | 951.99 million current US$ | 10 |
| 2020s | 1.15 billion current US$ | 863.63 million current US$ | 1.52 billion current US$ | 6 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Real gdp growth, annual growth rate -4.42 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.38 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0142 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 428.26 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.3528 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0104 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 312.71 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Cyprus?
- Personal remittances, paid in Cyprus was 1.52 billion current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Cyprus?
- The highest recorded value was 1.52 billion current US$ in 2025.
- What is the lowest personal remittances, paid recorded in Cyprus?
- The lowest recorded value was 3.43 million current US$ in 1977.
- How does Cyprus rank for personal remittances, paid?
- Cyprus ranks 44th out of 196 countries with data for 2025.
- Is personal remittances, paid rising or falling in Cyprus?
- Over the last ten years it is up 137.6%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.