Cyprus recorded a Current Account deficit of 1305.60 EUR Million in the second quarter of 2026. Current Account in Cyprus averaged -329.02 EUR Million from 2001 until 2026, reaching an all time high of 477.10 EUR Million in the second quarter of 2024 and a record low of -1803.20 EUR Million in the first quarter of 2023. source: Central Bank of Cyprus



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-30 09:00 AM
Current Account
Q1 €-1273.8M €-817.2M €-620.0M
2026-10-06 09:00 AM
Current Account
Q2 €-1305.6M €-1114.0M €-340.0M
2026-12-31 10:00 AM
Current Account
Q3 €-1305.6M


Related Last Previous Unit Reference
Balance of Trade -680549.00 -943643.00 EUR Thousand Aug 2026
Capital Flows -689.10 -1159.10 EUR Million Jun 2026
Current Account -1305.60 -1114.00 EUR Million Jun 2026
Exports 643507.00 669457.00 EUR Thousand Aug 2026
External Debt 228598.76 227519.63 EUR Million Jun 2026
Imports 1324056.00 1613100.00 EUR Thousand Aug 2026
Remittances 22.90 24.40 EUR Million Jun 2026


Cyprus Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-1305.60 -1114.00 477.10 -1803.20 2001 - 2026 EUR Million Quarterly

News Stream
Cyprus Current Account Deficit Widens in Q1 2026
Cyprus’ current account deficit widened to €1.27 billion in Q1 2026, up from €1.01 billion in the same period last year. The goods deficit was virtually unchanged at €1.58 billion, while the services surplus narrowed to €1.25 billion from €1.47 billion. The primary income gap slightly decreased to €0.78 billion from €0.83 billion, and the secondary income deficit rose to €0.17 billion from €0.07 billion.
2026-06-30
Cyprus Current Account Gap Smallest Since 2021
Cyprus’ current account posted a deficit of EUR 95 million in the third quarter of 2025, narrowing from EUR 116.1 million in the same period a year earlier. This marked the smallest deficit since the fourth quarter of 2021, driven by a larger surplus in the services account, which grew to EUR 2,885.4 million from 2,637.3 million a year ago. The increase in services was due to higher surplus for travel, financial services, and charges for the use of intellectual property n.i.e. Meanwhile, the goods account shortfall widened to EUR 1,748.3 million from 1,684.8 million. Additionally, the primary income account recorded a higher gap, expanding to EUR 1,117.3 million from 964.8 million, as well as the secondary income account, which increased to EUR 114.8 million from 103.8 million.
2026-01-12