Cyprus Current Account - Forecast

Current Account in Cyprus is expected to be -980.00 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 -74.87 in 12 months time. In the long-term, the Cyprus Current Account is projected to trend around -700.00 EUR Million in 2020, according to our econometric models.


Forecast Data Chart
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Cyprus Trade Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -353910 -474000 -450000 -133000 -387301 -468000
Exports 264682 251000 286000 458000 354670 298000
Imports 618592 725000 736000 591000 741971 766000
Current Account -263 -980 -720 15 -74.87 -700
Current Account to GDP -6.7 -4 -5 -5 -5 -4.5
Capital Flows -228 -296 51.17 -129 -25.68 -85.6
Remittances 13.3 15.18 15.19 13.68 12.39 14.11
Tourism Revenues 426600 64857 108064 353223 302004 122892
Tourist Arrivals 520138 188600 154000 445300 453300 141900
Gold Reserves 13.9 13.9 13.9 13.9 13.9 13.9
Terrorism Index 1.89 1.89 1.89 1.89 1.89 1.89
External Debt 101247 101445 100536 99607 99358 98234