Cyprus recorded a Current Account deficit of 6.40 percent of the country's Gross Domestic Product in 2025. Current Account to GDP in Cyprus averaged -5.12 percent of GDP from 1995 until 2025, reaching an all time high of 3.10 percent of GDP in 1998 and a record low of -14.70 percent of GDP in 2008. source: EUROSTAT

Current Account to GDP in Cyprus is expected to reach -7.30 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Current Account to GDP is projected to trend around -6.80 percent of GDP in 2027 and -6.70 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -788659.00 -1005387.00 EUR Thousand May 2026
Capital Flows -1137.60 -902.90 EUR Million Mar 2026
Current Account -1273.80 -817.20 EUR Million Mar 2026
Current Account to GDP -6.40 -8.20 percent of GDP Dec 2025
Exports 520400.00 363076.00 EUR Thousand May 2026
Exports by Category
Exports by Country
External Debt 226663.98 225188.46 EUR Million Mar 2026
External Debt to GDP 616.00 620.00 percent of GDP Mar 2026
Gold Reserves 13.90 13.90 Tonnes Dec 2025
Imports 1309059.00 1368463.00 EUR Thousand May 2026
Imports by Category
Imports by Country
Remittances 24.40 18.00 EUR Million Mar 2026
Terrorism Index 0.18 0.35 Points Dec 2025
Tourism Revenues 197500.00 85600.00 EUR Thousand Apr 2026
Tourist Arrivals 455680.00 303031.00 May 2026


Cyprus Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-6.40 -8.20 3.10 -14.70 1995 - 2025 percent of GDP Yearly