Cyprus Current Account  Forecast


Current Account in Cyprus is expected to be -754.74 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Cyprus to stand at 128.65 in 12 months time. In the long-term, the Cyprus Current Account is projected to trend around -450.34 EUR Million in 2020, according to our econometric models.


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Cyprus Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -326806 -280304 -269109 -264025 -260808 -238952
Exports 247467 247402 237831 227165 217664 156589
Imports 574273 567179 558301 549984 541998 480310
Current Account -7.4 -755 -635 -47.04 129 -450
Current Account to GDP -5.3 -4.4 -4 -4 -4 -3.6
Capital Flows 60.2 -181 -106 -35.46 -86.87 -62.66
Remittances 14.8 12.89 12.22 11.91 10.69 11.31
Tourism Revenues 425700 -33390 46212 326062 252829 68346
Tourist Arrivals 483716 -39200 1000 371500 369400 159100
Gold Reserves 13.9 13.91 13.92 13.93 13.94 14
External Debt 108844 100732 96819 93301 90634 87488
Terrorism Index 2.04 1.39 1.05 0.72 0.39 0.34