Cyprus Current Account to GDP  1995-2017 | Data | Chart | Calendar

Cyprus recorded a Current Account deficit of 5.30 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Cyprus averaged -5.39 percent from 1995 until 2016, reaching an all time high of 3.10 percent in 1998 and a record low of -15.50 percent in 2008.

Cyprus Current Account to GDP
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Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -700305.00 -272866.00 1931.00 -925948.00 EUR Thousand [+]
Exports 182408.00 261808.00 411698.00 5946.00 EUR Thousand [+]
Imports 882713.00 534674.00 1082134.00 13481.00 EUR Thousand [+]
Current Account -7.40 -721.10 395.30 -1541.40 EUR Million [+]
Current Account to GDP -5.30 -2.90 3.10 -15.50 percent [+]
Capital Flows 60.20 -349.30 1701.50 -1716.40 EUR Million [+]
Remittances 13.00 13.90 34.00 1.00 EUR Million [+]
Tourism Revenues 371000.00 423600.00 425700.00 28300.00 EUR Thousand [+]
Tourist Arrivals 406870.00 483716.00 531030.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 108844.43 108321.96 119576.00 52152.00 EUR Million [+]
Terrorism Index 1.89 2.04 3.19 0.05 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Cyprus Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5.30 -2.90 3.10 -15.50 1995 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16