Cyprus Remittances - Forecast

Remittances in Cyprus is expected to be 11.39 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Cyprus to stand at 14.32 in 12 months time. In the long-term, the Cyprus Remittances is projected to trend around 14.43 EUR Million in 2020, according to our econometric models.


Cyprus Remittances
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Cyprus Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -377178 -271000 -474000 -450000 -133000 -468000
Exports 455591 287000 251000 286000 458000 298000
Imports 832769 558000 725000 736000 591000 766000
Current Account -86.3 415 -980 -720 15 -700
Current Account to GDP -6.7 -4 -4 -3.8 -3.8 -3.6
Capital Flows 311 110 -278 81.59 -40.42 -68.75
Remittances 16.5 11.39 15.35 15.33 14.32 14.43
Tourism Revenues 181400 283033 95326 139921 302990 144472
Tourist Arrivals 511073 491200 98300 154000 474700 141900
Gold Reserves 13.9 13.9 13.9 13.9 13.9 13.9
Terrorism Index 1.89 1.14 0.86 0.74 0.62 1.57
External Debt 105756 105935 105846 105989 105922 105929